Letsatsi Finance Review


Letsatsi is a microfinance company that is based in South Africa with various branches across Gauteng, Mpumalanga, Limpopo, North West, Free State, Eastern Cape, Kwa-Zulu Natal, Northern Cape, and Western Cape. Since its launch in 1999, Letsastsi finance and loans has been providing its clients with various financial products at an affordable price.

Letsatsi Finance consistently provides reliable, efficient, affordable, and responsible financial services to all clients. The online financial services provider aims to improve their clients’ overall standard of living by helping them reach their financial goals and achieve financial freedom.

Letsatsi Finance and loans strive to achieve sustainable success by adhering passionately to the following core values: honesty, integrity, respect, innovation, accountability, and diligence. They offer short-term loans with long-term repayments and debt consolidation. Letsatsi Finance offers loans ranging from R500 to R8,000, while the repayment periods are from 2 months to 6 months.

Letsatsi Finance Features and Overview


  • Knowledgeable client support team
  • Competitive fees and interest rates
  • Offers various types of loans
  • Long term repayments
  • Debt consolidation


  • Loans are available to South Africans only
  • The interest amount could become large for long term loans

What Types of Loans Does Letsatsi Finance Offer?

Letsatsi Finance provides personal loans for debt consolidation. The available loans include one-month loans, short-term loans, and long-term loans.

How Does Letsatsi Finance Work?

Letsatsi Finance operates simply, just like most online loan platforms. The loan applicants will confirm if they qualify for the loan. Then, they can proceed to fill out the full application. The funds will be credited to clients’ accounts in a few days after loan approval. The repayment periods range from 2 months to 6 months.

What Are Letsatsi Finance’s Terms, Fees, and Conditions?

Letsatsi Finance offers various personal loans, including short-term and long-term loans. The loan amount ranges from R500 to R8,000, while the repayment periods are within two months to 6 months.

Letsatsi’s interest rate is regulated according to the NCR, and a standard service fee is charged monthly, which is applied to your loan account. In addition, a credit Life premium is charged every month and is applied to your loan repayments.

How Can You Qualify?

To qualify for a letsatsi loan, you must meet several conditions.

First, you must be a South African citizen between the ages of 21 and 60. The loan applicants must also be earning at least R3500 per month and be permanently employed for more than six months with their salaries paid directly into their bank account. However, it is important to note that Letsatsi Finance and Loans does not offer loans to people who are under debt review or administration.

How to Apply for a Letsatsi Finance Personal Loan

To apply for a Letsatsi, you will need to follow the typical loan application process, which involves prequalifying for a rate, submitting a formal application, and awaiting loan approval. Follow these steps to apply for a Letsatsi Finance personal loan:

When applying for a Letsatsi Finance loan, the first step is to log into your Letsatsi loan account and fill in the online Letsatsi loan application form. The Letsatsi loan application form at the top right corner of the website would require you to enter your name, email address, and other personal details. Upon submission of your Letsatsi loan application form, the loan service provider will process your information and reach out to provide them with certain documents for them to decide if they accept your request or not.

The following documents would be required to complete the loan application process:

  • A valid South African Identity Document (ID)
  • Two months latest pay slips
  • Three months latest bank statements
  • Proof of residence, not older than three months

Where Does Letsatsi Finance Operate?

Letsatsi Finance operates in South Africa with branches across Gauteng, Mpumalanga, Limpopo, North West, Free State, Eastern Cape, Kwa-Zulu Natal, Northern Cape, and Western Cape.

Is Letsatsi Finance Reputable?

Yes. Letsatsi Finance and Loan (Pty) Ltd is an Authorised Financial Services and Credit Provider (NCRCP895).

How Is Letsatsi Finance’s Customer Service?

You can contact Letsatsi Finance’s customer service representatives from Monday to Friday: 08h00 to 17h00 / Saturday: 08h00 to 12h00 via Email:info@letsatsifinance.co.za and telephone: 011 802 4073 / 0860 992 998.