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  • Short-term Loans up to R7,000
  • Low-interest up to 150%
  • Repayment up to 6 months

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Letsatsi homepage
Author Letsatsi. Screenshot of Letsatsi website.
[Accessed May 11, 2023]

About Letsatsi

Letsatsi Finance and Loan is a microlending organisation that was established in 1999. Letsatsi has more than 50 branches, with its head office located in Johannesburg, Rivonia.

All their branches are easy to locate and offer a secure, clean, and competent environment in which to perform your transactions. Their branches are available in all nine provinces in South Africa.

Letsatsi Finance and Loan’s mission and vision

Letsatsi’s mission is to offer you financial solutions at an affordable price. Their vision is to constantly provide you with the most cost-effective, definitive, and efficient financial services in a responsible manner.

Their goal is to improve your material comfort based on your financial needs, while also assisting you to gain financial freedom and well-being.

Letsatsi is a company you can trust. They believe in unlimited success and growth and know this can be obtained by being passionate and consistent with its principles and values.

These are their values:

  • Honesty: They foster honest and open relationships with you. You can expect exceptional communication between you and the entire Letsatsi team
  • Respect: You’re always shown a high level of respect by everyone involved at Letsatsi
  • Integrity: You’re assured the best service every time you interact with them
  • Innovative: Constantly thinking outside the box, leads them to be leaders in customer service, technological innovation and processes
  • Diligence: Letsatsi aims to always do their best and take full ownership of outcomes

Letsatsi’s code of conduct

The purpose of Letsatsi’s code of conduct is to make sure that as you’re offered financial services, you’re able to make an informative decision that fulfils your financial requirements. The main objective is to offer a thorough understanding of what is expected from the Letsatsi team.

Letsatsi provides positive social value

Not only is Letsatsi active in supporting various communities, but it also plays a part in improving the economy through a number of educational and financial initiatives.

Letsatsi Services

The best solution for an unexpected expense is a short-term loan offered by Letsatsi. If you need cash immediately, a short-term loan can help you.

Letsatsi offers short-term loans with a repayment period of 2 to 6 months starting from a loan amount of R500 to R7000.

A short-term loan can be used for:

  • Car repairs
  • Emergency medical bill
  • Arrangement of a funeral
  • Burst geyser
  • Any house-related expenses
  • Personal needs
  • Special ceremonies
  • Education
  • Traditional events

Short-term loans are repayable in several instalments over a short period. If an expense you’ve not budgeted for comes along, just know that Letsatsi has you covered and can easily grant you a short-term loan in the quickest time possible.

Letsatsi’s loan calculator

The loan calculator is available on their website to assist you in getting an estimate of how much you’re likely to pay for a short-term loan.

Let’s say you wish to take up a loan of R2500 which you intend to pay after 2 months. You’ll be charged interest and fees amounting to R739.16 and your monthly repayment amount would be R1,619.58, meaning your total repayment amount over 2 months would be R3,239.16.

Not sure if Letsatsi’s short-term loan is for you?

Letsatsi also offers long-term loans with loan terms of up to 13 months and loan amounts from R1,000 to R50,000.

They also offer debt consolidation loans, which are ideal for you if you’re struggling to keep up with multiple debt repayments. This is also ideal for you if you’d like to reduce the overall amount you pay towards debt on a monthly basis.

Advance your skills with Letsatsi’s financial education

Letsatsi offers a number of training solutions which are accessible online or through your preferred location, and they also host wellness days. These set out to upskill employees on how to manage money the right way. Topics of discussion include how to invest, save, and budget.

Letsatsi – Short-term Loan

  • Loan Type Short-term Loans
  • Interest Rate 150%
  • Loan Amount up to R7,000
  • Repayment 2 months to 6 months

Benefits of Letsatsi

  • Affordable short-term loans
  • Reliable debt consolidation loans
  • Loan approval in 60 minutes
  • Flexible repayment terms

Short-term Loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This short-term loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Get your short-term loan with Letsatsi in under an hour

Letsatsi can review your documentation, run a credit and affordability check, and approve your short-term loan application in under an hour.

Once you’ve been approved, you must sign your loan agreement and the funds will be transferred immediately. You can expect this money to reflect within 24 hours (or less).

What documents are required to apply?

  • SA ID
  • Latest 2 months' payslip
  • Latest 3 months' bank statement

What are the requirements for loan approval?

In addition to the documents listed above, you’ll need to undergo an affordability assessment and a credit check. This simply means that Letsatsi will make inquiries into your financial standing, as required by law, before approving you for a loan.

While you’re able to make a quick online loan application, Letsatsi’s call centre agents can also attend to your application. You can also contact them directly or complete a contact form on their website, and you’ll receive a callback.

You’ll get the quickest approval upon quickly submitting your

  1. Original SA ID
  2. Latest 3 months' payslips
  3. 3 months' bank statement
  4. Credit check
  5. Calculation accessing your affordability

A few benefits you receive by taking out a Letsatsi’s short-term loan

  • Fast approval.
  • You receive the cash fast. The application can be approved in 60 minutes.
  • Fast payout. You can receive instant cash in your wallet on the same day you apply. Once you’ve signed the contract and have submitted all your bank details, cash will be paid into your bank account.
  • Supportive customer service. If you require any further assistance, you can give Letsatsi a call, or you can visit them at any branch closest to you.

Letsatsi’s heart-warming client stories

From compliments on the professionalism of their staff to praises for their affordable loans, Letsatsi’s heart-warming client stories paint a picture of dedication and excellence.

Initiatives supported by Letsatsi

  • Buddhas Light International
  • Casual day
  • Door of Hope Children
  • Gift of the Givers Foundation
  • SA water warriors
  • SPCA Roodepoort
  • TCA
  • Tzu-Chi Foundation

Letsatsi Contact

Physical Address

  • 222 Rivonia Rd, Morningside, Sandton Johannesburg Gauteng 2199 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 12:00
  • Sunday – Closed