Ndzhakeni South Avenues Cooperative Financial Instituion
Taking Cooperative banking to the people. Economic and Financial inclusion for workers and mixed income communities.
Accessible investment platform, access to finance, free financial education.
- Trusted
- Experienced
- Professional
Who are we?
Ndzhakeni South Avenue formed in 2018 when two social investment clubs came together with a vision of creating a black-owned financial institution.
We registered as a Cooperative Financial Institution in 2020.
Our Mission
Is to provide:
- accessible investment platform
- free financial education
- access to finance
Our Vision
To generate wealth for members that will be a legacy for the future generation.
Why Choose Us
We Offer the following services
Invest
Own dividend earning-shares in NSA, a registered CFI through our Voluntary Share Account.
How?
- Register to be a member of Ndzhakeni South Avenue CFI
- Buy a minimum of one share worth R2000.
Savings & Fixed Term
Save for a rainy day from as little as R50 a month. The Ordinary Saving Account gives you access to your money within 2 days. Save for those important things like kid's school fees, wedding, or holiday with a fixed-term saving account.
How?
- Complete a saving form.
- Start Saving.
Loans
Navigate life with our low interest short term and medium term loans. Debt settlement loans available for qualifying members.
How?
- Request a loan application form.
- Have an active saving account with the CFI.
Who Can Join?
Groups
For motivation and consitency, get together with like-minded friends and save as a stockvel for higher returns.
Individuals
You can save as an individual for the things that you like, or open an account for your dependants to teach them financial management from a young age.
Companies
Employers can contribute on behalf of employees who will benefit from our financial wellness program and savings and loan products.
Request An Application Form
When submitting your application please include the following documents:
- Proof of Address
- Copy of ID
