Soft Loans
Small credit, based on how you save.
Your savings record with Supportz is the starting point. Soft loans are reviewed case by case, with terms explained before any money is released.
At a glance
- Eligibility after four weeks of consistent saving.
- A guarantor who is also a Supportz member in good standing.
- Loan limit up to three times your total savings balance, unless management approves more.
- Repay daily, weekly, or monthly as agreed at disbursement.
Default
If a loan is not repaid as agreed, credit services pause until the loan is cleared. The guarantor accepts joint liability. Persistent default can lead to recovery action and removal from the platform.
Ask about a soft loan