Malwela Micro Loans (PTY) Ltd
Unclaimed Business
|1|2 Reviews (last 12 months)|This business does not respond to reviews
Malwela Micro Loans (PTY) Ltd
Unclaimed Business
|1
2 Reviews (last 12 months)
Does not respond to reviews
Performance(last 12 months):
NPS Score
-100Unlikely
NPS Score
-100
Recommended: Unlikely
Review Distribution
1|2 Reviews
Oct '25 - Sep '26
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 Feb 2024
27 Jan 2026, 10:55
****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 Feb 2024
27 Jan 2026, 10:55
****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 Oct 2023
22 Jan 2026, 11:18
*****,Theft & ****ming
It was a loan application ****. They are registered with NCR which I checked before applying. Malwela Micro Loans (Pty) Ltd. Reg.No (***), (NCRCP8505). Contact numbers: +***3 and +***1 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 (1)ND
Nobuhle D
1 reviews | Active since Oct 2023
22 Jan 2026, 11:18
*****,Theft & ****ming
It was a loan application ****. They are registered with NCR which I checked before applying. Malwela Micro Loans (Pty) Ltd. Reg.No (***), (NCRCP8505). Contact numbers: +***3 and +***1 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 (1)