Cash Loan South Africa
Responsible Cash Loans
Over the past few years, Miloc Micro Loans has played a pivotal role in ensuring better living quality for South Africans by offering responsible lending solutions to the community. This dynamic firm is a registered microlender that has committed itself to providing a professional service that is based upon the foundation of integrity, honesty and reliability.
The needs and requirements of clients are always taken into account and each transaction is handled with mutual trust. With Miloc you are not just receiving a cash loan; you are receiving the specialized assistance and guidance from a company that cares.
Loans from 30 days to 6 Months
Keeping in line with its core values of caring for its customers, Miloc takes every personal condition into account and strives to meet each need with a reliable solution. The company offers a variety of services. All three branches provide:
- Cash loans (30 days)
- Medium Term Loans (3-6 months)
- 3 Month Loans to pensioners receiving a Sassa old age pension or disability pension. Please note: NO loans against child grants!
THESE SERVICES ARE AVAILABLE TO LOCAL RESIDENTS ONLY, AS YOU NEED TO BE PHYSICALLY PRESENT IN ONE OF OUR BRANCHES. REGRETTABLY WE DO NOT CATER FOR “DISTANCE” LOANS.
SASSA Loan Rates – Please visit the branch to apply
SASSA LOAN RATES Borrow R 600 – Repay 3 x R 338.34 Borrow R 650 – Repay 3 x R 360.01 Borrow R 700 – Repay 3 x R 381.69 Borrow R 750 – Repay 3 x R 403.35 Borrow R 800 – Repay 3 x R 425.02 Borrow R 850 – Repay 3 x R 446.69 Borrow R 900 – Repay 3 x R 468.37 Borrow R 950 – Repay 3 x R 490.03 Borrow R 1,000 – Repay 3 x R 511.71 Estimated installments, insurance cost included. All loans subject to an affodability study as per NCA.
The Kimberly branches also provide:
- Airtime, Prepaid electricity, Photocopies, Colour printing, Laminating
- Certification of documents and commissioner of oaths (Mondays to Fridays). Free of charge
The Company That Cares
Miloc is unwavering in its loyalty to its clients and guarantees to provide a service that is professional, fair and equal and that respects the privacy and information of each customer. As a registered member of both the NCR and MFSA, there is a deep sense of commitment to promoting a ‘borrow wisely’ ethic amongst its clients while assisting in providing affordable and responsible loans.
Growing From Strength to Strength
The roots of the company date back to 1995 and lie in the establishment of Louhen Konsultante. After three years the members of Louhen decided to join forces to form Miloc Holdings, which grew to incorporate 42 branches across the country. After nearly a decade of 5 years of successful trading, the firm was disbanded and many of the branches were either incorporated into other companies, merged together to form bigger branches or sold to private owners.
Wilke Finance opted to take over three of these branches but kept the names trading under the original brand namely, Miloc. Two of these branches are in Kimberly and one in Paarl.
Other branches still trading under the Miloc name (but not related to Wilke Finance) are: Miloc De Aar, Worchester, Witrivier, Nelspruit, De Doorns, Hermanus, Louis Trichard and Musina.