Mpowa loans

Mpowa is a credit provider with NCR registration NCRCP6666.

Mpowa

NCRCP6666 Lends R3 000
Up to
R7 000
Term
Check on lender’s site
Interest
5% p.m.
Legal entityMPOWA Finance (Pty) Ltd
NCR registrationNCRCP6666
Loan amountR500–R7 000
TermCheck on lender’s site
AgeCheck on lender’s site
Cost of creditInterest 5% per month for first loan in a calendar year, 3% per month for any later loan that year. Initiation fee 16.5% of first R1000 then 10% (R165+VAT up to R1000). Service fee R60 per month plus VAT.Source: Mpowa website, checked 29 October 2026
RequirementsLatest 3 months bank statements or payslips; At least 3 months in current job; Repayment by debit order on payday
Official websitempowafin.co.za
Data reviewed29 October 2026

A detailed guide for this page is being prepared by the LoanRadar editorial team.

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Sources

  • NCR register of registrants (ncr.org.za)
  • Official website (https://www.mpowafin.co.za/)
  • Official page: https://www.mpowafin.co.za/
  • Official page: https://www.mpowafin.co.za/faq
  • Official page: https://www.mpowafin.co.za/how_it_works
  • Official page: https://www.mpowafin.co.za/policy_fees