Mobileloans

Mobileloans MobileCashLoans provides short-term micro loans through an SMS based application. Example 1. Have I registered with MobileCashLoans?
2.

Successful applicants receive the cash via the Swazi MTN Mobile Money platform. A 0.5% on the principal loan daily service charge is applied; and only 1 installment (Normally on your PayDay) is permitted.A once-off 6.5% on the principal loan transmission & collection fee is applied. A E500 loan for 15 days borrowed on the 26/05/14 is calculated thus:

PRINCIPAL LOAN + SERVICE CHARGE(0.5%*Loan)*No

.of Days+ 6.5%TRANSMISSION FEE=TOTAL to REPAY

0.5% * E500=E2.50; Once-off Transmission Fee: 6.5%*E500=E32.50
E500 + (E6.50*15 Days)+ E32.50.=? E500+E75+E32.50= E607.50

SMS: MCL LoanAmount Days DueDate DueAmount

MCL 500 15 10/06/14 600

SMS to: 6677

Example 2. A E700 loan for 10 days borrowed on the 26/05/14 is calculated thus:

PRINCIPAL LOAN + SERVICE CHARGE(0.5%*Loan)*No.of Days+ 6.5%TRANSMISSION FEE=TOTAL to REPAY

0.5% * E700=E3.50; Once-off Transmission Fee: 6.5%*E700=E45.50
E700 + (E3.50*10 Days)+ E45.50=? E700+E35+E45.50= E780.50

SMS: MCL LoanAmount Days DueDate DueAmount

MCL 700 15 05/06/14 805

SMS to: 6677

If DueAmount divided by your NET INCOME does not exceed 15%, then your application will automatically be successful. You will then receive the cash via Mobile Money in less than 30 minutes!!!!!Please ONLY apply for an amount that meets the 15% else your application will FAIL.


***Minimum Loan E500******Minimum days 20*******
***Maximum Loan E,6000****Maximum days 30 days*****

Questions to ask yourself before you SMS:

1. Have I submitted my most recent payslip to MCL?
3. Have I activated my MTN Mobile Money account?
4. Do I meet the 15% requirement?
5. Have I accurately entered the LoanAmount Days DueDate DueAmount?
6. Have I entered MCL before the LoanAmount? If 1-6 is all YES, then SMS to 6677 and you will get your cash in less than 30 minutes!!!!! To sign up for MobileCashLoans, simply download and print MCL forms on our page, fill in your details fully and sign, attach your most recent payslip and id. THEN drop off the MVTel building @ Sidvwashini in Mbabane or scan and email to: [email protected]. Once registered, you will receive a confirmatory SMS from us; and then you can start applying when in need via SMS.

22/01/2025
30/04/2022

Visit us at Somhlolo Shisanyama, 7854-6551/76609669

15/09/2014

we are now giving out loans to all civil servants and every one who is salaried @ fnb...the sooner you join and become a member, the sooner you can get a loan with us....

11/09/2014

civil servants must please fax payslips showing their employment number and the Bank they are using...as for those working in the private sector, please fax your payslip plus yo fnb statement for 3 months showing your salary deposit....fax number is 24220789..and please include your mobile number as well

29/08/2014

Its now simple and easy. You have MobileCashLoans in your finguretips. To register, simply SMS JOIN, your name and surname, your national ID number, your FNB account number and employment number to 6677. The quicker you register, the quicker you get a loan.

03/07/2014

GOOD NEWS: you don't have to come to our offices for registration when you are not around Mbabane. Simply follow these steps.


Visit our website www.mobilecashloans.net.


select apply for membership from the navigation bar


select 1.Download and Fill in the Membership Form


Print it (A4 size paper)


Fill in the required information


scan the forms, copy of your National ID, recent pay slip with net pay of at least E2000. Email it to [email protected]


You must be a registered MTN Mobile Money in order to access this facility

For more info: call 24221842 or whatsApp 78270044
ITS FAST FAIR AND FLEXIBLE

27/06/2014

STEPS OF PAYING THE LOAN

1: Buy Mobile money which is equal to due amount from any mobile money agent.
2: Dial *007 #
3: Select send money to
4: Select mobile money user
5: Enter mobile number 78534773
6: Enter Due amount
7: REFERENCE is 1
8: Confirm PIN
9: Enter

Please make sure you the number you are sending to is 78534773. For more information call 24221842 0r 78270044.

17/06/2014

MobileCashLoans is giving out E20,000 to its clients at the end of this month. Pay your Loan on time and stand a chance to win a share of the E20,000!!!To get a fast Loan visit our branch at Swazi SMS (Corporate Place,SwaziPlaza next to Shisa Nyama) call 78635827 for more information.

16/06/2014

Apply now and get your money in less than 30 minutes via Mobile Money. its a fair, fast and flexible way.

16/06/2014
Registration Form
23/05/2014

Registration Form

application/payment steps
21/05/2014

application/payment steps

Address

Office 202, MVTel Building, Off MR3 Highway
Mbabane
000000

Opening Hours

Monday 08:30 - 16:45
Tuesday 08:30 - 16:45
Wednesday 08:30 - 16:45
Thursday 08:30 - 16:45
Friday 08:30 - 16:45
Saturday 08:30 - 13:00

Telephone

+26878270044

Website

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