Times of Swaziland - Monday, january 14, 2013Mad rush for cash loans as it is back to school time:MEDIA RELEASE2013 First Finance Company. All rights reserved - Another Design By The Advertising AgencySocial NetworksRead MoreMBABANE - School and tertiary fees requirements have seen some micro lenders see an 82 per cent increase in the average personal loan demand. Swaziland Development Finance Corporation’s (FINCORP) subsidiary, First Finance Company, is one of the registered micro lenders who have realised the huge demand for cash loans from its clients rising to reach 82 per cent. Dumisani Msibi, Managing Director of the institution attributed the mad rush for cash to school fees and tertiary requirements. Continue"We expect this trend to continue until the end of January," Msibi said. First Finance’s clientele base is mostly civil servants. However, some interviewed micro lenders said the personal loan demand has increased by an average of 20 to 25 per cent.
FIRST FINANCE COMPANY (FIRST) is an authorized financial services provider duly licensed by the Central Bank of Swaziland. FIRST FINANCE offers general purpose credit to salaried employees of the civil service, parastatals and other selected private organizations. Beyond just offering credit, FIRST FINANCE also offers financial planning and debt counseling to its borrowers and the main motivation behind this initiative being to practice responsible and credible lending to loan beneficiaries guarding against over indebtedness. MEDIA RELEASEFAQ’sWHAT’s NEWCONTACT USLOGINOUR SERVICESABOUT USHOMEPHOTO GALLERYFAQ’sWHAT’s NEWCONTACT USLOGIN“YOUR PRIORITY IS OUR UTMOST PRIORITY”