Rating based on 94 reviews

Makanda Finance

Updated

  • Short-term loans up to R500
  • Low-interest starting from 60%
  • Repayment up to 45 days

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Makanda Finance homepage

Author Makanda Finance. Screenshot of Makanda Finance website. [Accessed July 24, 2019]

About Makanda Finance

Customers normally get nervous when credit checks are conducted because they think this will minimize their chances of getting credit. However, this is not always the case.

The only time Makanda Finance would turn down a client is when they can clearly see that they do not have the means to afford a short-term loan.

Therefore, let the lender be the judge and give you a verdict. Don’t be so quick to put yourself down or anticipate rejection, it might not even be necessary.

Getting a loan with Makanda Finance

In order for your online loan application to reach Makanda Finance, you have to complete the application online. This means using a working computer, a personal laptop, or your mobile smartphone to connect to the internet.

Everything is self-explanatory but you'll have to supply the lender with information pertaining to certain personal details such as your name and other details.

Furthermore, you'll have to furnish them with your bank statements so that they can confirm all the information that you've given them. This is not done because they don’t trust you as a customer, they're just following their set policies and procedures.

Makanda Finance Services

The time it takes for your bad credit loan application to be processed and approved will depend on how fast you send in your documents.

Customers usually submit everything at once during the loan application so this isn't something to worry about.

This also means that by the end of the business day, you should know whether your instant cash loan application has been approved or not.

After you've signed the contract and accepted all the terms and conditions stipulated in the agreement, the money will be making its way to you. 

Makanda Finance is a reliable lender

There are so many scams happening of late, especially with short-term loans. Therefore, it's important that you ensure the company you're in a contract with is a registered company.

Due to the fact that Makanda Finance values honesty, dignity, and transparency, they expect their clients to do the same.

This means that you must at all times maintain clear and open communication and ensure you only apply for credit when you need it and can afford to repay it. 

Makanda Finance – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 60%
  • Loan Amount up to R500
  • Repayment 24 hours to 45 days

Benefits of Makanda Finance

  • QUICK Loans
  • SHORT-TERM Loans

Short-term loan calculator


R

The interest rate of a loan will vary based on your credit score and risk profile.

This loan calculator is for illustration purposes only.
The use of this Online loan calculator is subject to our terms of use.

At Makanda Finance you are the center of attention

Putting everything in black and white is always best for all parties involved which is why with Makanda Finance you will have to review and sign an agreement. 

The amount that was offered to you during the loan application, together with the interest rate doesn’t change as you pay off your loan, it remains as it is. When you sign the contract, you'll be given a physical agreement stipulating all the details of the loan and the amount that has to be settled by you.

Everything is about you at Makanda Finance

Due to the fact that Makanda Finance cares immensely about their clients, they'll never give them a loan that's impossible to pay back.

Customers have different debts they pay for on a monthly basis, so it wouldn’t be practical to give every client the same credit deal.

Everyone who comes to Makanda Finance is given a personal online loan that meets their unique needs and credit profile. 

Why do they do credit checks?

It's important that customers understand the importance of doing a credit check. Makanda Finance wants to ensure that you're capable of paying for the quick cash loan that you're applying for.

While their job is to help you by giving you the money that you want, they also need to ensure that you can maintain the financial obligation.

New clients will only be granted a lower amount

If you've never used Makanda Finance before, you'll only be able to get R500. This is because you are a new customer and they haven’t been acquainted with your payment patterns as yet.

When you're already a member, you may be liable for getting a larger amount of up to R50 000.

All applicants are welcome

Makanda Finance will never stop you from applying for credit. Whether you have a bad credit history or the perfect credit profile, they'll consider your application.

If they see that you can handle the loan amount, they'll grant your application. However, if the figures are not corresponding as far as affordability is concerned, they'll have no choice but to turn down your application.

They will then advise you to pay off certain debts first before you can try applying for short-term finance with them again. Their doors are always open to customers. There's no limit as to the number of times one can apply.

Should you have further questions about this lender's processes or you'd like to have a one-on-one with one of their agents, send them an email or give them a call. Makanda Finance will help you attain the financial freedom that you've been yearning for!

Customer Reviews & Testimonials

April 2019

I always value a company that also values its customers. This is the sense that I got after applying for a short-term loan from Makanda Finance. They showed me a lot of care and compassion. With ...

Junior M
— Pietermaritzburg —

May 2016

I liked the convenience of an easy application.

Ntombi J
— Boksburg —

Makanda Finance Contact

Physical Address

  • 725 Shop 3 Unipark, Arcadia Street, Arcadia Pretoria Gauteng 0083 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 13:00
  • Sunday – Closed