MM
Malwela Micro Loans (PTY) Ltd
Unclaimed Business
MM
Malwela Micro Loans (PTY) Ltd
Unclaimed Business
2 Reviews (last 12 months)
Does not respond to reviews
Performance(last 12 months):
TrustIndex
0
Ranking
#69
in Financial Services
NPS Score
-100
Recommended: Unlikely
Review Distribution
1|2 Reviews
May '25 - Apr '26
5(0%)
4(0%)
3(0%)
2(0%)
1(100%)
5(0%)
4(0%)
3(0%)
2(0%)
1(100%)
Frequently Asked Questions About Malwela Micro Loans (PTY) Ltd
Malwela Micro Loans (PTY) Ltd has a TrustIndex of 0 out of 10 on Hellopeter, based on 2 reviews in the last 12 months. Hellopeter has tracked Malwela Micro Loans (PTY) Ltd across 7 total reviews. How is the TrustIndex calculated? →
Recent reviews (2)
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your ExperienceJM
Jade M
1 reviews | Active since Jan 2020
27 Jan 2026, 08:55
****MERS
DO NOT, I REPEAT, DO NOT FALL FOR THIS ****, I SPOKE TO SARA RAMABULANA, SHE HAS ADVISED ME THAT I NEED TO PAY R1320.00 TO RECEIVE A LOAN OF R40 000.00 AFTER PAYING, I RECEIVED AN ATTACHMENT, THAT I NEED TO PAY R2 999.00 TO RECEIVE THE FUNDS, I HAVE CANCELED THE APPLICATION, THEY CHARGED ME A FEE OF R860 BEFORE THEY CAN SEND IT, I AM NOT RESPONDING ANY FURTHER, I AM REPORTING TO SAPS, LET'S WORK TO GET THIS MICRO LENDERS REMOVED FROM OUR WEBSITE
Helpful (0)
|Replies (0)JM
Jade M
1 reviews | Active since Jan 2020
27 Jan 2026, 08:55
****MERS
DO NOT, I REPEAT, DO NOT FALL FOR THIS ****, I SPOKE TO SARA RAMABULANA, SHE HAS ADVISED ME THAT I NEED TO PAY R1320.00 TO RECEIVE A LOAN OF R40 000.00 AFTER PAYING, I RECEIVED AN ATTACHMENT, THAT I NEED TO PAY R2 999.00 TO RECEIVE THE FUNDS, I HAVE CANCELED THE APPLICATION, THEY CHARGED ME A FEE OF R860 BEFORE THEY CAN SEND IT, I AM NOT RESPONDING ANY FURTHER, I AM REPORTING TO SAPS, LET'S WORK TO GET THIS MICRO LENDERS REMOVED FROM OUR WEBSITE
0
Replies (0)ND
Nobuhle D
1 reviews | Active since Jan 2020
22 Jan 2026, 09:18
*****,Theft & ****ming
It was a loan application ****. They are registered with NCR which I checked before applying. Malwela Micro Loans (Pty) Ltd. Reg.No (2016/322042/07), (NCRCP8505). Contact numbers: +27 84 977 7573 and +27 84 796 3931 They demanded an upfront payment of R3500.00. I requested banking details and made the payment to Miss Meadow A Pillay account. After the payment done I was told there’s an Intermediary credit screening fee of R 5660. I requested to stop application due to lack of communication. I was expected to pay R1500 to cancel for my refund of R3500 that would take 7Day. I was further threatened legal action for demanding my money back & sent letter The Financial Intelligence Centre (FIC) is South Africa’s national authority responsible for receiving financial data, conducting analysis, and disseminating financial intelligence to competent authorities. The FIC was established by the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001) and is mandated to identify the proceeds of crime and combat money laundering and the financing of terrorism. It has come to the attention of the Financial Intelligence Centre that a transfer of R55,500.00 was initiated to (bank- account number ) in favor of the mentioned beneficiary. This transfer was made following an investigation initiated on 20th JAN 2026 (your loan approval date) contrary to Article 102, Section 36, Subsection IV of the 1996 Banks and Other Financial Institutions Act (BOFID), which prohibits transactions without clearance related to credit scores, this transfer was made without consulting this agency for official credit score clearance. Therefore, this transfer is deemed unconditional and ******* by this agency. As a result, the transfer has been halted until proper clearance is obtained. To release this transfer , you are required to upgrade. I gave her a chance to pay back the money before I proceed the SAPS, NCR complaint & bank flag. She ignored my communication.
Helpful (0)
|Replies (0)ND
Nobuhle D
1 reviews | Active since Jan 2020
22 Jan 2026, 09:18
*****,Theft & ****ming
It was a loan application ****. They are registered with NCR which I checked before applying. Malwela Micro Loans (Pty) Ltd. Reg.No (2016/322042/07), (NCRCP8505). Contact numbers: +27 84 977 7573 and +27 84 796 3931 They demanded an upfront payment of R3500.00. I requested banking details and made the payment to Miss Meadow A Pillay account. After the payment done I was told there’s an Intermediary credit screening fee of R 5660. I requested to stop application due to lack of communication. I was expected to pay R1500 to cancel for my refund of R3500 that would take 7Day. I was further threatened legal action for demanding my money back & sent letter The Financial Intelligence Centre (FIC) is South Africa’s national authority responsible for receiving financial data, conducting analysis, and disseminating financial intelligence to competent authorities. The FIC was established by the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001) and is mandated to identify the proceeds of crime and combat money laundering and the financing of terrorism. It has come to the attention of the Financial Intelligence Centre that a transfer of R55,500.00 was initiated to (bank- account number ) in favor of the mentioned beneficiary. This transfer was made following an investigation initiated on 20th JAN 2026 (your loan approval date) contrary to Article 102, Section 36, Subsection IV of the 1996 Banks and Other Financial Institutions Act (BOFID), which prohibits transactions without clearance related to credit scores, this transfer was made without consulting this agency for official credit score clearance. Therefore, this transfer is deemed unconditional and ******* by this agency. As a result, the transfer has been halted until proper clearance is obtained. To release this transfer , you are required to upgrade. I gave her a chance to pay back the money before I proceed the SAPS, NCR complaint & bank flag. She ignored my communication.
0
Replies (0)NS
NS
Nicole S
1 reviews | Active since Jan 2020
13 Feb 2024, 17:31
Im happy with Malwela Micro loans
I was hesitant in proceeding with the loan because of my past experience with other Companies but when I did, it turned out to be something that I will never regret. I can't believe l got a loan with my bad credit score,Thank you for the loan Malwela Micro loans.
Helpful (0)
|Replies (0)NS
Nicole S
1 reviews | Active since Jan 2020
13 Feb 2024, 17:31
Im happy with Malwela Micro loans
I was hesitant in proceeding with the loan because of my past experience with other Companies but when I did, it turned out to be something that I will never regret. I can't believe l got a loan with my bad credit score,Thank you for the loan Malwela Micro loans.
0
Replies (0)MM
Mulovhedzi M
1 reviews | Active since Jan 2020
12 Feb 2024, 16:36
Im happy with Malwela Micro Cash Loans.
Igot scared and thought I will not receive my loan after reading a review about Malwela Cash loans, I'm very happy to have received notification that my loan is in my bank account. Thank you Malwela loans for your help, may God bless you.
Helpful (0)
|Replies (0)MM
Mulovhedzi M
1 reviews | Active since Jan 2020
12 Feb 2024, 16:36
Im happy with Malwela Micro Cash Loans.
Igot scared and thought I will not receive my loan after reading a review about Malwela Cash loans, I'm very happy to have received notification that my loan is in my bank account. Thank you Malwela loans for your help, may God bless you.
0
Replies (0)RA
Ruth A
1 reviews | Active since Jan 2020
8 Feb 2024, 18:18
I'm grateful to Malwela Micro Cash Loans
I am a mortgage broker and have sent/funded 4 loans with The Malwela Micro CashLoans(all purchases), and I have to say, their team is absolutely stellar. We had a couple bumps in the road on one of the deals, and I knew I can lean on the team to help make the closing still happen on time, which we did. HUGE thank you to Nosipho , Snazo, Ntswaki, and last but definitely not least Melissa . This is an awesome team to work with and I will definitely keep them coming. Look forward to working with you all again. Thank you Malwela Micro Cash Loans, you are the best!!!.
Helpful (0)
|Replies (0)RA
Ruth A
1 reviews | Active since Jan 2020
8 Feb 2024, 18:18
I'm grateful to Malwela Micro Cash Loans
I am a mortgage broker and have sent/funded 4 loans with The Malwela Micro CashLoans(all purchases), and I have to say, their team is absolutely stellar. We had a couple bumps in the road on one of the deals, and I knew I can lean on the team to help make the closing still happen on time, which we did. HUGE thank you to Nosipho , Snazo, Ntswaki, and last but definitely not least Melissa . This is an awesome team to work with and I will definitely keep them coming. Look forward to working with you all again. Thank you Malwela Micro Cash Loans, you are the best!!!.
0
Replies (0)GZ
Goitsemang Z
1 reviews | Active since Jan 2020
6 Feb 2024, 08:26
MALWELA MICRO LOANS ARE ****MERS
MALWELA MICRO LOANS ARE THE BIGGEST ****MERS EVER! Do not trust them !! They will keep asking you to send them money for your loan to be payed out. 1st the initiation fee,then cot,then vat and it goes on and on until they suck you dry. DO NOT TRUST THEM! They pray on desperate people and lie daily about you receiving your payout whiles they keep asking you to send ridiculous amounts to them. NCR should remove them and they should be jailed!
Helpful (0)
|Replies (0)GZ
Goitsemang Z
1 reviews | Active since Jan 2020
6 Feb 2024, 08:26
MALWELA MICRO LOANS ARE ****MERS
MALWELA MICRO LOANS ARE THE BIGGEST ****MERS EVER! Do not trust them !! They will keep asking you to send them money for your loan to be payed out. 1st the initiation fee,then cot,then vat and it goes on and on until they suck you dry. DO NOT TRUST THEM! They pray on desperate people and lie daily about you receiving your payout whiles they keep asking you to send ridiculous amounts to them. NCR should remove them and they should be jailed!
0
Replies (0)