Eye Loan Solutions - Products

¿ A minimum of R20 is needed for the initiation of the account. ¿ A record is set out for each payment in our database. ¿ A cycle of 31 days (a month) is set out for a customer for this account. ¿ Consistency is a priority pertaining to this account. ¿ If a customer start this this account with a minimum of R20, it is recorded for the first day of the cycle and this continues with the same amount regardless of the amount paid by a customer a day For example, Machuene starts an Eye account with an amount of R20 for the first day. This is recorded for the first line of the cycle and this also means that the subsequent lines or days is to be filled with R20 up until the 31st day or the end of the cycle. If Machuene decides to pay R60 a day, it is divided to and each line gets R20 each. However, the first payment made by a customer for this is reserved as Eye Loan commission I.E. the first day deposit goes to eye loan and the rest of the 30 days goes to the customer. Your service is vital to us and therefore every customer is monitored with every deposit and withdrawal for three months and if affirmative to Eye loan policy, an interest of 5% is earned.