Frequently Asked
Questions
More Than Just a Financial Institution!
General Information
What is Connect Credit?
Connect Credit (Pty) Ltd is a female-owned financial institution established in Botswana in October 2023. We provide short-term financing to various segments of the economy, including market women, private individuals, and small enterprises.
What is the mission of Connect Credit?
Our mission is to redefine financial accessibility by meeting the key financial needs of Botswana in a dynamic economic environment. We aim to inspire and empower women, break barriers, and drive national progress.
Services Offered
What types of financing does Connect Credit provide?
We offer short-term financing solutions, including Express Microloans, tailored to the needs of market women, private individuals, and small enterprises for working capital purposes.
How quickly can I get a loan approved and disbursed?
Our digital channels and streamlined processes ensure quick loan approvals and disbursements, often within 24 hours of application.
Application Process
How do I apply for a loan with Connect Credit?
You can apply for a loan through our website or visit our offices. The application process is straightforward and designed to be as quick and hassle-free as possible.
What documents do I need to apply for a loan?
Typically, you will need to provide identification, proof of income, and any other documents relevant to your financial situation. Specific requirements may vary depending on the type of loan you are applying for.
Licensing and Regulation
Is Connect Credit a licensed financial institution?
As of May 31, 2024, we have obtained a license as a Micro Lender from the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).
What measures does Connect Credit take to ensure ethical lending practices?
We uphold high ethical standards and comply with all regulatory requirements. Our values of integrity, transparency, and customer-centricity guide all our operations.
Financial Education and Community Initiatives
Does Connect Credit offer financial education?
Yes, we provide digital financial education programs to empower our clients with the knowledge needed to make informed financial decisions.
How does Connect Credit contribute to community development?
Connect Credit supports community development through digital financial education programs, empowering clients to make informed financial decisions. We focus on education and entrepreneurship, investing in local projects and fostering social responsibility. By emphasizing the education and entrepreneurial spirit of our children, we invest in a brighter future for our community.
Transform Botswana
We are your partners in achieving financial freedom and prosperity. Together, we can build a financially inclusive Botswana, where everyone has the opportunity to succeed.