Mutual Life Africa Micro Loans & 30-Day Loans
Simple, Fast & Inclusive Personal Loans for Expats, Foreign Nationals & Locals
Mutual Life Africa offers fast, reliable micro loans and 30-day cash loans from R1,000 to R8,000 to foreign nationals, expats, and local citizens across Africa.
Whether you’re facing a short-term cash gap or an urgent need, our short-term credit helps you move forward — fast.
We prioritize speed, accessibility, and transparency, ensuring our clients receive funds quickly with clear repayment terms.
We also reward loyalty and on-time repayment with access to larger loans and policy-linked credit upgrades.
Simple, Fast & Inclusive Loans for Expats, Foreign Nationals & Locals
What We Do
To make financial inclusion a reality by providing quick, flexible microcredit solutions that meet people where they are — regardless of background — while remaining fully compliant with credit laws.
Product Overview
- Loan Amounts: R1,000 to R8,000
- Repayment Term: 30 days
- Repayment Type: Full lump sum repayment
💡 Key Benefits
- ✅ Same-day loan approvals
- ✅ Funds paid out in under 24 hours
- ✅ Full loan transparency
- ✅ Repeat clients enjoy better terms
- ✅ Repayment reminders and support
- ✅ Loan protection insurance available
- ✅ Builds history toward larger Mutual Life Africa loans
Qualifying Criteria
🔹 Non-Policyholders
- Permanently employed
- Earning R3,500+ per month
- South African ID or valid passport & work permit
- Clean credit record
🔹 Policyholders (Mutual Life Africa)
- Employed or self-employed
- Earning R3,500+ per month
- Active Mutual Life Africa policy
- Can be blacklisted or have a low credit score
Frequently Asked Questions (FAQs)
A 30-day short-term loan from R1,000 to R8,000, fully repaid after 1 month.
Foreign nationals, expats, and local citizens who meet employment and income criteria.
No, but policyholders enjoy easier qualification and lower income requirements.
Interest is capped at 5% per month under the National Credit Act.
If approved, you’ll receive the money the same day or within 24 hours.
Late repayments incur additional fees and may affect your credit profile.
Apply online, through our call center, or in person at our branches.
Yes — clients in good standing may re-apply or get pre-approved top-ups.
- ID or passport
- Proof of income
- Proof of residence
- Mutual Life Africa policy (if applicable)
Repayments are made via debit order or EFT. We’ll remind you before due date.
Mutual Life Africa Micro & 30-Day Loan Calculator
Applied Amount: R1000.00
Initiation Fee: R0.00
Monthly Service Fee: R60.00
Interest (30 Days): R0.00
Credit Life Insurance (Mandatory): R0.00
You will repay Mutual Life Africa R0.00 after 30 days.