HomeChoice unit FinChoice plans to offer business loans to its mostly female customers

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

The financial services arm of HomeChoice is targeting small enterprises with no access to bank loans

FinChoice, the financial services arm of JSE-listed HomeChoice, is hoping to offer small business loans through its mobile website to its mainly female customers who may not qualify for bank loans.

HomeChoice sells bedding, linen and homeware through sales agents and social media, mostly on credit — and online — to female customers with an average income of R10,000.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government-backed business loans are far from reaching targetsScheme for businesses hit by the pandemic has paid out only R13.4bn of R200bn
Source: BDliveSA - 🏆 12. / 63 Read more »

SA women account for among the fewest global female business leadersThe global number of female entrepreneurs has grown more than 10% each year but SA still lags
Source: BDliveSA - 🏆 12. / 63 Read more »