SAMBA Cooperative Loans
Apply for a loan up to a maximum amount of R40 000, after one year Samba membership.
What do you need to know about Samba loans?
- The interest rate is fixed at 12%* per annum, which means that your monthly instalment remains the same for the full term.
- The repayment period is up to 24 months.
- Maximum loan amount is R40 000.
What do I need?
- Completed loan application form. Download Here.
- Most recent three month’s payslips or three month’s bank statements and most recent payslip or financial statements, if self employed.
- A copy of your ID.
- Proof of Residence.