Makoko Finance Services Polokwane is located at 42 Schoeman Street, first floor, next to the Police Station. Operating under MTCL Trading Enterprise t/a Makoko Finance Services, the branch is accredited by the National Credit Regulator (NCRCP 4053). Established in 2006 and converted to micro-lending in 2009, Makoko Finance continues to be a trusted credit provider serving individuals and businesses in Polokwane and nearby areas.
Services Offered
The Polokwane branch provides a variety of lending options designed to meet personal and professional financial needs:
- Once-off Loans: R200 to R8000, repayable with up to 30% total increase including interest and charges.
- Short-Term Loans: Up to 6 months, with a maximum of 30% interest.
- Housing Loans: Up to 24 months at an annual rate of 27.5%, available to clients earning R3500 or more. Funds are paid directly to hardware suppliers upon receiving quotations.
- Tender Loans: Offered at 15% interest (cession-based), available only for supply tenders, excluding construction.
Requirements
Applicants need to provide the following documents:
- ID or Smart Card
- Latest Payslip
- 3 Months’ Bank Statements
- Proof of Residence
- Bank Card
Non-qualifying applicants:
- Clients under administration or debt review
- Blacklisted individuals (written-off accounts)
Location and Contact Details
Address: No. 42 Schoeman Street, First Floor, next to the Police Station, Polokwane
Phone: 076 658 4519
Email: info@makokofinance.co.za
Makoko Finance Services Polokwane remains a preferred choice for responsible and affordable micro-lending solutions. The branch is known for efficient service, transparent terms, and a deep commitment to helping clients meet their short-term and long-term financial goals.
