Clients

Background

“At Mzazela Finance Corporation (MFC) Pty Ltd, we are dedicated to addressing a critical issue plaguing  South Africa. The persistent dependency of citizens on social grants provided by the South African Social  Security Agency (SASSA) has created a complex challenge. 

Despite SASSA’s continuous efforts, the number of beneficiaries continues to grow, particularly in rural  areas and townships. MFC’s mission is to break this cycle of dependency by providing strategic micro lending solutions, empowering local business owners, and fostering economic sustainability in these  communities. Through innovative financial assistance and strategic support, we aim to reduce  dependency on social grants, promote financial independence, and contribute to the long-term stability of  South Africa’s underserved regions.” 

At Mzazela Finance Corp, we empower individuals and small businesses with access to credit, fostering  financial inclusion. With our innovative distribution model and tech-driven solutions, we serve a diverse  customer base of 18 million SASSA beneficiaries, 9,000 entrepreneurs, and 125 SMEs. Our products,  including microloans, micro savings, and micro insurance, cater to unique financial needs and help  underserved communities thrive. 

Extract from the official website https://mzazelafinance.co.za/about/

Reference : https://www.sassa.gov.za/SitePages/HomePage.aspx