SAMBA Cooperative Loans

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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.

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