Flexible Loans That Work for You — Wherever You Call Home
Simple, Fast & Inclusive Personal Loans for Expats, Foreign Nationals & Locals
Mutual Life Africa offers personal term loans designed to serve the unique financial needs of foreign nationals, expatriates, and local citizens across the African continent.
Whether you’re looking to consolidate debt, cover unexpected expenses, or finance a personal goal, we provide fast, fair, and flexible loan solutions that meet you where you are.
Simple, Fast & Inclusive Loans for Expats, Foreign Nationals & Locals
What We Do
We provide fast, affordable access to personal loans with clear terms, fixed repayments, and flexible borrowing limits.
Our lending model is inclusive — offering both policyholders and non-policyholders tailored loan solutions, regardless of traditional credit constraints.
🎯 Our Mission
Our mission is to bring ease of finance, quick loans, and inclusive credit access to those who need it most.
At Mutual Life Africa, we believe everyone — from working professionals to entrepreneurs and expats — deserves access to financial support that meets them where they are.
💸 Loan Features & Benefits
- Borrow from $2,500 to $50,000
- Repayment terms from 6 to 48 months
- Fixed interest rates and predictable monthly repayments
- Same-day approval, with disbursement in 24–48 hours
- No collateral or guarantor needed
- Loans available to clients with low credit scores (for policyholders)
- Loan top-up and restructuring options available
- Transparent terms and no hidden fees
- Accessible via branch, online, or mobile app
📋 Qualifying Criteria
🔹 Non-Policyholders
- Ages 21–60
- Gross salary of $500+ per month
- Must be permanently employed
- Clean credit record
- Valid ID/passport, 3 months’ payslips & bank statements, proof of address.
🔹 Policyholders
- Ages 21–60
- Income of $300+ per month (employed or self-employed)
- May have low credit score or be blacklisted
- Must have an active Mutual Life Africa policy
- Provide proof of income
Frequently Asked Questions (FAQs)
Anyone meeting the income and employment requirements — including foreign nationals, expats, and locals — can apply.
From $2,500 to $50,000, depending on income, affordability, and credit history.
Our interest rates are fixed and based on your loan term and risk profile. You’ll see the rate upfront during your offer.
Yes — if you’re a Mutual Life Africa policyholder, you can qualify even with a poor or blacklisted credit profile.
Approvals can be issued same day, with payouts processed in 6 to 24 hours.
No, our personal term loans are unsecured — no collateral or guarantor needed.
Absolutely. You can settle your loan early with no penalties or extra fees.
Absolutely. You can settle your loan early with no penalties or extra fees.
Apply online, via our mobile app, or visit any Mutual Life Africa branch.
Valid ID/passport, proof of income, 3 months of bank statements, and proof of address. Policyholders should provide their policy number.