Unifi Loans

Unifi is a privately held microfinance company with headquarters in Stellenbosch, Western Cape.

By combining data analytics, technology, and exceptional customer service, they’re proudly offering intelligent financing to many underserved communities.

Where and how to find Unifi

Apart from reaching Unifi on their website, you can also use their innovative and up-to-date apps or visit any of their branches.

They’ve grown to serve people in other African countries such as Uganda, Tanzania, and Zambia.

Who is Unifi?

The company consists of 46 passionate and professional employees across the continent. It’s also part of a group consisting of:

• Cobol and Dunami
• Unity Finance
• Ultimate Finance

Some of the employees at the head of the company, responsible for serving the communities they operate in, and leading Unifi to growth and greater heights are:

• Michiel le Roux as the Group CEO
• Gouws du Plessis as the Chief Technology Officer
• Mike Roux as the Chief Data Officer
• Bevon Knott as the Digital Product Owner
• Dawie Malan as the Solutions Architect
• Maheshni Gounden as the Head of People

Unifi’s purpose explained

They bring you fast, safe, reliable, and outstanding microfinance solutions while ensuring responsible lending. Unifi cares about taking you forward financially and your financial health.

Their goal is to simplify life. The aim is to provide you with financing that’s effortless, convenient and enables you to grow financially.

Unifi’s approach to credit is unlike any in the competing market. With their world-class data analytics and innovative technology, they’re redefining the way personal credit works.

With a quick loan from Unifi, you could enjoy access to cash ranging from R2,000 up to R8,000.

This loan option will give you a six-month repayment term at an affordable and highly competitive interest rate of 104%. Initiation fees range from R304.75 up to R994.75 depending on your loan amount with a monthly fee of R69 as per National Credit Regulation.

Unifi quick loan example

Should you opt for a quick loan of R2,000 you could expect to repay:

• Initiation fee of R304.75
• Monthly fee of R69
• 6-month repayment term

This means that on a quick loan of R2,000 you can expect a monthly repayment amount of R492.89 and a total repayment amount of R2,957.32 over six months.

On a quick loan of R8,000, you can expect a monthly premium of R1,875.14 and a total loan repayment of R11,250.84. All loan repayment amounts include monthly fees, and initiation fees, and are inclusive of VAT.

All Unifi quick loans have a minimum APR of 104% and a maximum APR of 212%. Unifi provides a microfinance solution that’s deeply rooted in the core values of the company.

Outstanding service delivery are based on:

• Unity – With the sharing of ideas and knowledge, they believe that achievements are celebrated as a group effort.
• Dignity – Unifi strongly believes in treating people with the dignity and respect they deserve.
• Simplicity – Unifi makes its financing solutions easy and understandable. They want to be an effortless solution when you need cash fast.
• Trust – They’re invested in building strong, trustworthy, and lasting relationships with their clients, partners, and stakeholders. They promise to offer you clear, concise, and transparent financing options.