- Staff members of schools Educate has partnered.
- Currently the plan is offered for Girls College, Sibanesezwe Primary School, EATC College, Carmel Junior School, Masiyephambili Primary School and Masiyephambili College, Petra Schools and Dominican Convent Primary School..
- The Educator Loan scheme has 3 products: Salary Advance Scheme (SAS) with 0% interest and payable in 1 month.
- Educator Loan an all purpose loan running from 3-12 months
- Micro Educator Loan, a short term loan running from 3-4months, capped at $300
- Loan application response within 2 hours of submission of application documents
- Funds transferred into an account of your choice
- Application can be for practically any legal reason/purpose that requires funds (emphasis on legal)
- No account opening required
- No physical security required as collateral
To be considered for this plan you will need to supply the following:
- Confirmation of employment letter from school
- Copy of ID
- Proof of residence
- One passport sized photo
- Three month bank statement
- Original pay slips for the last two months