Salary Based Loans

Zonga offers all salaried employees within the private sector, payday loans to cover your short-term financial needs with no collateral required.

Loans to Civil Servants

Small loans to civil servants repaid through SSB deductions with a tenure of up to 24 months to pay. Repayments depend on the applicant’s net salary.

Group Loan Schemes

Loans under the scheme are offered to employees based on company’s own deposits or guarantee from the employer. Your employees will have access to affordable financing by leveraging their collective security and stable salaries whilst assisting the employer to provide assistance to employees with emergency financial requirements.
How it works

• Employer partnership: A company enters into an agreement with Zonga Microfinance to provide loans to its staff.
• Salary deduction: Repayments are often made through a payroll deduction facility or other arrangements directly with the employer.
• Favourable terms: Schemes include concessionary terms and conditions, such as increased affordability, negotiable rates and access to 100% of the loan amount compared to standard market rates.

SME Working Capital Loans

Working Capital loans to small businesses and entrepreneurs to fund their day-to- day operations such as paying for raw materials, paying suppliers and other operational expenses. At Zonga, we understand that access to finance is crucial to the success of every small business. Our SMEs loans are quick to access, with minimum documentation, less red tape and flexible repayment terms.

Zama Zama - Informal Traders Loans

Short term loans offered to informal traders to assist with stock and cashflow management. These loans are designed to cater for the small to medium informal business enterprises such as vendors, flea market traders, grinding mill operators and cross boarder traders who require short term loans to grow their businesses or buy daily stocks or other working capital requirements.

Jacaranda Bloom - Youth Ignite Empowerment Loans

Our drive is to promote gender inclusive financial growth in underserviced markets. Zonga offers loans to assist and women and the youth to ignite their businesses. The loans are particularly geared to small business startup projects which are already operations. This includes small projects in poultry, Tobacco, Horticulture and tech related projects among others.

Invoice Discounting

A popular facility to help small businesses improve its cashflows by freeing funds that are owed for work done. This financing option unlocks working capital by converting unpaid sale invoices into cash, giving your business finance linked to turnover.
With Zonga Microfinance’s invoice discounting financing, SMEs can access up to 75 % of the value of their outstanding invoices. This allows SMEs to unlock the cash they need to invest in their operations and meet their financial obligations, without waiting for payment from their customers.

Order Financing

Short term facilities to assist businesses with capital to pay suppliers upfront for verified, confirmed orders. Our order financing solution empowers SMEs to improve their cash flow and strengthen their relationships with their customers and build a reputation for reliability and dependability.

Bid Bonds/Guarantees and Escrow Services.

Zonga offers Bid Bonds and performance Guarantees to ensure safe, transparent and secure business transactions. Whether you are bidding for a government tender, contracts, securing project performance, or facilitating high value transactions, our financial instruments provide the necessary guarantees and support you require.