The business is a Micro Loan franchise with low capital outlay and with great potential.
Included in the price is:
Registration of your business with the National Credit Regulator
Business registration with CIPC
Drafting of NCR related Policies & Procedures required for
compliance
Access to Industry Leading Loan Management Software solution
Setup of Social Media marketing platform and adverts
Registration with Debit Order facilitator
Integration with Credit Bureau
Ongoing Support from people with over 10 years of experience in
the lending industry.
Start Lending cash.
The Micro Finance industry in South Africa is estimated to be R50 billion. Studies have shown that only 6% is loaned to small businesses while the rest are consumer personal loans which are mainly used to
buy food and to pay off old loans.
The business takes +- 5 weeks to start en setup as you must get registered with the NCR. after that you start
The last year i had a very bad year, emotionally and financially. During this period i came across a business that i previously looked at and not pursue. I have the opportunity to do it again and decided I would go for it. Unfortunately I lack the funding to start.
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