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This is a scheme that offers loans to low to medium income earners who work for the government, council, parastatals and approved corporate companies.

FirstFunding Employee Loan Scheme

This is a scheme that offers loans to low to medium income earners who work for the government, council, parastatals and approved corporate companies.

More about: FirstFunding Employee Loan Scheme

Why do I need this?

  • First Funding has incorporated a consolidation of debt option and all applicants wishing to consolidate their debt under one loan facility, is encouraged to do so, consolidations of debt will be discussed with applicants with the view to improving the applicants personal financial planning.
  • First Funding offers competitive interest rates in the market.
  • Quick turnaround time
  • Loan repayments come straight off your salary

What can l do with this?

  • Use the loan to buy anything that you require
  • Pay off smaller and bigger debts while servicing only one loan

Do l qualify?

To receive a loan you must meet the following:

  • You must have been in permanent employment for the past 12 months
  • Your remaining length of service prior to retirement must be at least 3 months longer than the period of the loan
  • Your employer must have a contract with FirstFunding to allow instalment recovery by salary deduction

Qualifying Criteria

  • Applicant Must be 21 years and above
  • Minimum Salary after deduction is P1500 (married) P1300 (single) for government employees and P790 for industrial class and private sector employees.
  • Minimum 1 year Employment
  • Client must have a valid bank account with any banking institution reflecting salary deposit as per salary advice.
  • 1 month Bank statements
  • Copy of Omang / Identity Card/ Passport (original to be seen and confirmed)
  • Latest Salary Advice slip.

Contact Details

First Funding: +267 3925245