Terms and Conditions

Last updated: July 2026

These Terms and Conditions govern your use of the Machankura website and micro-lending services.

1. About Machankura

Machankura (Pty) Ltd is a registered credit provider under the National Credit Act (NCA). Our NCR registration number is NCRCP: CP901.

2. Eligibility

To apply for a loan, you must be: a South African citizen or permanent resident, at least 18 years of age, employed or have a verifiable source of income, and hold a valid South African ID.

3. Loan Terms

All loans are subject to credit assessment and affordability checks as required by the NCA. Interest rates, fees, and charges comply with the maximum rates prescribed by the NCA for short-term credit.

4. Repayment

Loan repayments are due on the agreed date. Failure to repay may result in additional interest charges, listing with credit bureaus, and legal action as permitted by law.

5. Cooling-Off Period

You have the right to cancel your credit agreement within 5 business days of signing, as per the NCA.

6. Responsible Lending

Machankura is committed to responsible lending practices. We will never lend you more than you can afford to repay, and we encourage you to borrow responsibly.

7. Dispute Resolution

If you have a complaint, please contact us first. If the matter is not resolved, you may lodge a complaint with the National Credit Regulator (NCR) or the National Consumer Tribunal.

8. Changes to Terms

We reserve the right to update these terms. Material changes will be communicated to you via email or SMS.

NCR Registered Credit Provider (NCRCP): CP901