Konga

Konga is one of the leading online lenders in South Africa.

While they haven’t been in operation too long, they have dedicated employees with plenty of experience.

Their team of knowledgeable financial specialists hand in AI systems makes sure that every client gets exactly what they need and deserve.

What Konga wants

From the beginning, Konga has aimed to be the best payday loan, provider. They strive to become the leading company in online lending, and they’re well on their way. Their seamless online lending has reinvented the online everything covered. And if that isn’t enough, they have some of the most advanced technology in the online market today. Their advanced algorithms a loan market. They use their revolutionary technology to empower people across South Africa financially.

Hassle-free, easy online loans that you can apply for and get approved within minutes. What more could you want out of a lender?

The core values of Konga

At the centre of Konga’s operations, are three of their most cherished values. Konga aims to integrate these values into its daily operations.

• Integrity - Every employee at Konga must strive to be just in all their dealings, whether with clients or other staff.
• Innovation - Konga strives to bring new and innovative products to its clients continuously.
• Dependability - For the clients that have come to use Konga’s services often, reliability is a huge factor.

It’s good to know that a company like Konga holds such decent values. With this kind of dedicated service available 24/7, it’s not hard to imagine why Konga has such glowing reviews. The clients who use their service repeatedly with a good credit score also gain access to a wide panel of benefits.

Konga specializes in short-term online loans.

With such a saturated online loan market, it can be difficult for a growing business to stand out. Konga made its name by delivering good services that people can use from all walks of life.

By increasing their clients’ scope, they’ve reached more people over time and grew as a result. People with bad credit scores who previously never qualified for personal loans can now repair their credit scores through Konga. This is thanks to their tier-based system of lending.

Tier-based lending 

Tier-based lending is a unique approach to lending. There are four tiers:

• The starting tier
• Silver tier
• Gold tier
• VIP tier

Each tier represents a different level of benefits and services. If you have a lower credit score, you’ll start your lending journey at the beginning tier with a bad credit loan. As time goes on and you successfully pay off your loans, your credit score will improve, and you’ll have access to more benefits and savings.

Kind of loans Konga has on offer

As previously mentioned, Konga specializes in short-term loans, namely payday loans. Their loans range from R300 to a total of R5400. As your credit score improves and you unlock higher tiers in the Konga system. These loans take place over a repayment period of between 4 and 35 days. You can select the length that would suit you best.

You can apply for these loans 24/7, and with a quick online application and speedy payout, you can have cash in your account in minutes. All tiers are loaned money at an interest rate of 0.16% per day, so the faster you pay off your loan, the better.