MPOWA Finance is a registered credit provider with South Africa’s National Credit Regulator: NCRCP6666
About – MPOWA Finance
Why MPOWA Finance? It’s simple!
Successful applications submitted before 3PM will have cash in their account by 5PM the same day.
Now that is quick cash!
Since all applications are submitted online you don't need to leave your work environment to apply for a loan.
All agreements are marked and additionally voice recorded for the security on both sides. Now you have the security of your personal details whilst applying.
Reapplications are made online, making them much simpler. If you have taken out a loan before, your details will remain on the system, so getting cash can become quicker.
Anyone living permanently in South Africa can apply for one of these convenient short term cash loans. They totally understand the financial needs of their clients, and understand the demanding financial needs of today’s society and daily living.
Forming a partnership with a firm that understand your needs, can make a world of difference.
Their rates are in line with the National Credit Act and are among the most competitive in the business.
Services – MPOWA Finance
All interest rates and fees included in the loan products offered by MPOWA Finance (Pty) Ltd are in terms of section 5 of Credit Act no.34 of 2005:
- Initiation Fee of 15% of the loan amount up to R1000, from that point 10% or more VAT.
- Service Fee of R50 every month in addition to VAT.
- Interest of 5% every month / 0.17% every day. 60%pa
Illustrative example: Loan Amount: R1000 for 30 days
Starting Fee: R171
Administration Fee: R57
Financing cost: 5%pm 60%pa (settled)
Total Loan Amount: R1286.55
MPOWA Finance is completely transparent, showing you exactly what you will pay for your total loan amount. This is to avoid any nasty surprises along the way. Get your short term loan quickly through their online platform, which takes only a few minutes of your time to complete.
You can have an answer on your loan application within minutes, and have cash in your banking account either the same or the very next morning.
Summary of Services
- Short-term loans
- Quick cash online
- Personal short-term loans
- NCR approved & registered
- Easy loan application
- Approval decision within minutes
MPOWA Finance – Simple applications make getting cash the easiest part of your day.
Depending on what time of day you submit your application, you could have a little extra cash in your wallet within the same or next day.
Since all applications are submitted online you don't have to leave your workplace or your home to apply for a short term cash loan.
First time lenders are able to access their loan through a few quick easy steps.
Register online, complete the application and submit – it’s that simple.
As long as you meet the criteria of being over 18 years old, live permanently in South Africa, and have a valid bank account with a regular salary going in each month, you shouldn’t have any problems getting approved.
Should you be re-applying for another loan, all your information will already be on the system, so your loan could take even quicker to get paid out. MPOWA Finance is totally straightforward; they also let you know precisely what you will pay for your total loan amount before you sign on the dotted line. This is to maintain a strategic distance from any unexpected fees along the way.
Get your short term cash loan quickly and hassle free through their online platform, which takes just a couple of minutes to finish.
You can have an answer on your application within only a few minutes, and have the loan paid into your account either the same or the exact next morning.
Anybody living in South Africa can apply for one of these short term cash loans.
MPOWA finance totally understands the financial related requirements of their customers, and know the demanding needs of life in general, how expensive it can be and how those nasty accounts keep adding up. Being part of a firm that knows what you need, can be the WOW factor when choosing the right firm to handle your financial requirements.
Their rates are in accordance with the National Credit Act and are among the most aggressive in the business. This means you as a client enjoy the rewards of being part of this team of experts who are always looking out for the best interests of their customers.
Simple processes, easy application, instant pay out and affordable instalments – how can you resist this offer?
Once you MPOWA your finances, you will never look back.