Makanda Finance Review Finance
Easy to apply
Approval time
No hidden condition
Renewal rules
Service quality
Customer support
Borrower requirements
  • You must be 18+
  • Reside in the SA and have a valid ID
  • Provide proof of your income
  • Have an active checking account
  • Bank account
  • Credit or Debit card
Contact information
Phone number: 012 111 7078
020 0270
Shedule Monday - Friday
08:00 - 18:00

Makanda Finance is a financial services company that was founded in 2005. Makanda Finance headquarters are based in Johannesburg, South Africa, and we have branch offices in Cape Town, Durban, and Port Elizabeth. We specialize in providing a range of financial services to individuals, small businesses, and organizations.

Loan parameters
  • Loan amount
    R100 – R500
  • Interest
  • Term
    1 – 45 days
  • Age
    18+ years

Makanda Finance History

Makanda Finance was founded by a group of experienced financial professionals who saw a gap in the market for a financial services company that offers personalized and affordable solutions. Over the years, we have grown from a small start-up to a well-established financial services provider with a strong presence in South Africa.

Makanda Finance Services

At Makanda Finance, we offer a range of financial services that are designed to cater to your unique needs. Some of services include:

  • Personal loans: We offer personal loans with flexible repayment terms and competitive interest rates.
  • Business loans: For small businesses that need capital to grow, we offer business loans with convenient repayment terms.
  • Debt consolidation: If you’re struggling with multiple debts, we can help you consolidate them into one affordable monthly payment.
  • Insurance: We offer a range of insurance products, including life insurance, funeral cover, and car insurance.
  • Investment services: Makanda Finance investment services include portfolio management, retirement planning, and tax-free savings accounts.

Benefits of Using Makanda Finance

When you choose Makanda Finance as your financial partner, you’ll enjoy a range of benefits, including:

  • Personalized solutions: We take the time to understand your unique financial situation and offer solutions that are tailored to your needs.
  • Competitive interest rates: interest rates are competitive, making Makanda Finance loans affordable and accessible to everyone.
  • Fast approval: We understand that you may need access to funds quickly, which is why we offer fast approval times.
  • Excellent customer service: Makanda Finance friendly and knowledgeable customer service team is always available to assist you with any queries or concerns.
  • Convenient repayment terms: We offer flexible repayment terms that are designed to suit your budget and lifestyle.

How Makanda Finance Can Help You

Makanda Finance is a financial services company based in South Africa that offers a range of products and services to help people improve their financial well-being. We understand that everyone’s financial situation is unique, so we provide personalized solutions to help you achieve your goals.

Different Financial Goals People Might Have

Financial goals can vary depending on your age, income, and lifestyle. Here are some of the most common financial goals that people have:

  1. Saving for Emergencies. Having an emergency fund is crucial for unexpected expenses, such as medical bills or car repairs. Many people don’t have enough savings to cover these expenses, so they end up going into debt.
  2. Paying Off Debt. Debt can be overwhelming, but Makanda Finance can help you develop a plan to pay it off. Whether you have credit card debt, student loans, or a mortgage, we can help you create a plan to become debt-free.
  3. Buying a Home or a Car. Buying a home or a car is a significant financial investment. Makanda Finance can help you find the right mortgage or auto loan that fits your budget.
  4. Starting a Business. Starting a business can be challenging, but it can also be rewarding. Makanda Finance can help you secure funding for your business and give you advice on how to manage your finances.

How Makanda Finance Can Help You Achieve Your Financial Goals

At Makanda Finance, we offer a range of products and services to help you achieve your financial goals. Here are some ways we can help you:

  1. Personalized Financial Planning. Makanda Finance team of financial experts will work with you to create a personalized financial plan based on your goals, income, and lifestyle. We’ll help you identify areas where you can save money and invest in your future.
  2. Investment Advice. Investing your money can be daunting, but it can also be an effective way to grow your wealth. Makanda Finance can provide you with investment advice and help you create a portfolio that fits your risk tolerance and financial goals.
  3. Loan Products. We offer a range of loan products, including personal loans, auto loans, and mortgages. Makanda Finance loan officers will work with you to find the right loan product that fits your budget and financial goals.

Success Stories

We’ve helped countless people achieve their financial goals. Here are some examples of success stories:

  1. John and Mary were drowning in credit card debt, but with the help of Makanda Finance, they were able to consolidate their debt and pay it off within 2 years.
  2. Sarah wanted to start her own business but didn’t know where to start. Makanda Finance provided her with funding and advice on how to manage her finances, which helped her business become profitable within a year.
  3. Tom and Jane were able to buy their dream home with the help of Makanda Finance’s mortgage product. Makanda Finance loan officers worked with them to find the right mortgage that fit their budget and financial goals.

Applying for Makanda Finance Services

At Makanda Finance, we make the application process as easy as possible for clients. You can apply for Makanda Finance services online via website, or you can visit one of branches to complete the application process in person. The online application process is straightforward and takes just a few minutes to complete. You’ll be asked to fill in personal information, including your name, ID number, address, and contact details. You’ll also be asked to provide information about your employment and income.

Once you’ve submitted your application, Makanda Finance team will review it and get back to you as soon as possible. We may require additional information or documents from you to complete the application process. Once your application has been approved, you’ll receive the funds or services you applied for.

Tips for Applying for Makanda Finance Services

Before you apply for any of our services, it’s essential to have certain things in place to increase your chances of approval. Here are a few tips to help you prepare for the application process:

  1. Check Your Credit Score: Your credit score plays a significant role in determining your eligibility for financial services. Before you apply, check your credit score and address any issues that may negatively impact your credit score.
  2. Gather Required Documents: Depending on the service you’re applying for, you may need to provide additional documents, such as proof of residence, payslips, or bank statements. Make sure you have all the required documents before you start the application process.
  3. Know Your Budget: Before you apply for a loan or investment solution, know your budget and how much you can afford to repay each month. This will help you choose the right loan or investment option for your needs.

Common Concerns When Applying for Financial Services

We understand that applying for financial services can be overwhelming, especially if you’ve never done it before. Here are some common concerns people may have when applying for financial services, and how we address them:

  1. What if I Have a Bad Credit Score? Having a bad credit score doesn’t necessarily disqualify you from receiving financial services. At Makanda Finance, we consider other factors such as your income and employment status when assessing your application.
  2. Will I Be Able to Repay the Loan? We work with Makanda Finance clients to ensure that they can afford the loan repayment. We offer flexible repayment options to make it easier for you to repay the loan.
  3. How Long Will the Application Process Take? The application process typically takes just a few minutes to complete. Once we receive your application, we’ll review it and get back to you as soon as possible.

In conclusion, applying for financial services at Makanda Finance is a simple and straightforward process. By following the tips mentioned above, you can increase your chances of approval and make the application process smoother. If you have any questions or concerns about Makanda Finance services, please don’t hesitate to contact us. We’re here to help you achieve your financial goals!

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Dumisani Govender
First time using this service and was satisfied. Thanks to the manager who helped me figure out and choose the best loan online.
Natalie du Toit
Loans are issued quickly if pressed and loans are not given at the bank. Simple and clear site. Convenient withdrawal of funds possibility of early repayment of the loan
Wayne Maluleka
I took out a loan and repaid it ahead of time. No extra interest charged
Amanda Radebe
First time using this service. They quickly checked the documents and gave a loan on good terms. I recommend.
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