Loans
Our Product Range
SSB based loans
ASSET FINANCING AND PROJECT PRE-FINANCING LOANS (PRODUCT BASED LOANS)
Mazvimbakupa in most cases, will pay directly for the services or goods and agree on payment terms with the beneficiary.
- Education loan scheme-supporting payment of tuition or any other costs associated with attending college/university
- Mobility loan scheme- pre-financing purchase of cars, motor bikes, bicycles to enhance easy mobility from point a to b.
- Asset financing loan scheme-Solar installation, borehole drilling to provide water for domestic and agriculture, Furniture
- Income/livelihood loan schemes- fencing projects, poultry projects, piggery,
- Housing loan scheme-home improvement, new constructions or finishing off a house project
- Electronics loan scheme- phones, computers
How?
- For eligible civil servants, Mazvimbakupa can provide upfront capital to finance any of the above so that the civil servant can start enjoying the benefits before finishing payment.
- Cash can also be provided to cover emergency monetary needs where needed.
Requirements:
Payslip, Proof of residence, National ID/Passport Copy, Proof of employment
Requirements:
Payslip, Proof of residence, National ID/Passport Copy, Proof of employment
Collateral based loans
This loan facility require borrowers to provide valuable assets as collateral to secure the loan. The borrower suggests the type of asset to be provided. This asset is evaluated, and its value confirmed before approval of the loan. The asset will be kept until the loan repayment is completed.
Requirements:
Proof of residence, National ID/Passport Copy, Asset to be used as collateral, Guarantor ID and Proof of residence
Salary Based Loans
This loan facility is for all those formally employed individuals needing financial support. In some cases, we make payroll deductions at source or stop order arrangements with your bank where you receive your salary. .
Requirements:
Payslip, Proof of residence, National ID/Passport Copy, Proof of employment
Referral based loans
This loan facility is based on references. In some cases, the referee undertakes to be the guarantor of the borrower and undertakes to repay the loan in the event that the borrower defaults. Loan requests are assessed on a case-by-case basis using the Know Your Customer (KYC) to verify the identity, suitability, and risks involved with extending a loan facility to some individuals.
Requirements:
Proof of residence, National ID/Passport Copy, Proof of employment or Collateral in some cases
Group lending loans
For individuals who collectively provide collateral or loan guarantee through a group repayment pledge. Individuals, need to be part of a recognized group such as a cooperative or association with a shared responsibility for repayment. Collateral or guarantor may be needed in some cases.
Requirements:
Valid identification copy eg. National ID copy or valid passport, Drivers’ licence, Proof of residency, employment record where possible
Our Loan Product Range
Back To School Loans
Emergency Loans
SMEs Loans
Asset Financing Loans
Multi-purpose Loans
Solarization Loans
Electronic Gadgets Loans
Furniture Loans
Project Pre-Financing Loans
Borehole Drilling Loans