What are the fees I will pay?
Mukuru keeps things simple and affordable. Here’s a quick breakdown:
- Initiation Fee: Just 10% of your loan amount.
- VAT: 15% of the fee.
✅ Example: For a loan of R1,000, you’ll pay:
- R100 initiation fee
- R15 VAT
➡️ Total repayment before due date: R1,115
The best part? Once you repay your first loan, you unlock lower interest rates and quicker access to future loans. It’s a smart way to build your financial flexibility while keeping costs predictable.
Ready to take control of your cash flow with Mukuru?