Easy access to loan

Business, Normal
Source:

The National, Monday April 7th, 2014

 CUSTOMERS who apply for loans with Kina Finance’s EsiLoan can access their funds without having a bank account.

This followed the rollout of EsiLoan’s EFTPOS cash card aimed at breaking down barriers of remoteness by providing customers with the opportunity to use 21st century technology.

Kina Finance chief executive Syd Yates confirmed that the EsiLoan product did not require a bank account.

He said clients could access their cash once approved and did not necessarily need a bank account and could use it anywhere, anytime.

“The ability for our customers to directly access their funds at EFTPOS terminals and ATMs anytime anywhere will be of great benefit for them and we are extremely excited.”

EsiLoan client Lyanne Leonard said she was able to use her funds the same day she applied for loan.