From standard bank loans to loans for bad credit, Open Loans SA offers a platoform to offer personal loans online. African bank personal loans and SA cash loans can easily be accessed on the platform. Many african bank loans are being offered on Open Loans SA. Open Loans South Africa connects borrowers and lenders from Johannesburg to Cape Town to Durban to Pretoria to Port Elizabeth, etc. The idea is to create a very efficient loans marketplace in India
Open Loans South Africa also provides South Africans with investment opportunities. A private person in India with excess cash can use the app as a way to invest. He can lend the money to another South African he finds on Open Loans South Africa and earn an interest. He can secure himself by taking possession of security such as a car or a title deed.
Borrowers in South Africa can borrow from private persons as well as banks and other financial institutions in South Africa that they find (or find them on Open Loans South Africa).