Archive for August, 2012

What is a micro loan?

August 29, 2012

The NCA defines a micro loan as a short term credit transaction, where the amount borrowed must not exceed R8000 & which had to be repaid within a maximum of six months. Interest charged cannot be more than 5% per month (PER MONTH!) or 30% over 6 months, which translates to a whooping 60% per […]

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How much does Multiply cost?

August 22, 2012

  Multiply is Momentum Wellness Program. By joining Multiply you will enjoy significant discounts and rewards from various partners. But how much does it cost? You’ll enjoy access to the Multiply programme for a nominal monthly fee. Single members: R136 Two members: R156 Families of three or more: R166 Why join? the Multiply principles Multiply wants to […]

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