Fundi has been established as a private student loan provider and so far Fundi has assisted over 800 000 families in South Africa.
The answer is yes!
To qualify for funding from Fundi, you must be:
- a South African resident (you must provide proof of this with your ID and proof of residence)
- permanently employed or have a parent who is permanently employed (you must provide proof of this with a letter from your employer confirming this; your last receipt of salary and your latest bank statements)
You must be in good standing in terms of your credit profile as you will not qualify if you are under credit or debt review. This is so that Fundi can see that you are able to repay the loan that they are providing.
Fundi aims to make loans more accessible and affordable for students. They do not require you to pay collateral and repayments are deducted from your salary or can be paid through debit orders.
Click here for how to apply for this loan
For more information on the Fundi Loan, click here.
