SUM1 Loans

THIS IS YOUR BUSINESS GROWTH

FUELLING TOWNSHIP ENTREPRENEURSHIP.

Sawubona! Welcome to SUM1 LOANS, the smartest way to grow your business.

Happy woman in a car paws

HELLO!

I'M MOO'LA, YOUR FRIEND IN MONEY.

I'm here to make saving feel less like hard work and more like a conversation.

Moo'la the mascot paws

CELEBRATION NATION

YOUR NEXT BIG SMILE IS JUST A FEW CLICKS AWAY.

Ask Naledi and Zinhle why they're smiling? They grew their business powered by SUM1.

Two happy women paws

About Us

SUM1 began with a bold idea: when everyday people come together, they can invest in their communities—creating real impact through growing local businesses and creating jobs where they are needed most. We’ve reimagined the spirit of stokvels into a smart investment platform that allows them to help local businesses grow. Investing for good—for the community, by the community. Because with SUM1, the sum of our efforts is greater than one. Together, we grow stronger.

Sponsors

Investing in What Matters

We channel collective savings into trusted community businesses, giving them the capital to grow. Through 3–12 month asset-backed loans, repayments recycle into new opportunities, multiplying impact. This creates jobs, expands businesses, and strengthens local economies. Every rand invested fuels futures from thriving enterprises. When local businesses succeed, communities prosper.

How it works

Sum1 Funds high impact businesses based in township and rural market with a focus on black-owned and youth-led businesses.

  • Step 1
    Stokvels invest with Sum1: Stokvel invests directly into local businesses.
  • Step 2
    Apply online with your business information and funding requirements
  • Step 3
    Funds are allocated to your business: Local businesses receive funding to expand their operations
  • Step 4
    Your business repays their loan: As the businesses repay their loan with interest, funds are returned back to stokvels as returns.
  • Step 5
    Once a loan is repaid, businesses scan request additional funding to unlock more growth
A visual representation of the workflow process

Funding Requirements

Entrepreneur FICA requirements
Business Profile
CIPC registration
Business Bank account
Bank/Financial statements
Quote for asset to be financed

Why Sum1

(Client Testimonials)

  • Designed for township businesses

    Funding tailored for township businesses and the context which they operate.

  • Flexible payments

    Payment terms based on your business cash flow.

  • Funds are backed by stokvels

    Interest paid flow back to Stokvels - helping them earn a return.

  • Fast funding

    Get access to funds when you need it.

Get fast & easy business loans.

No collateral needed, flexible repayment options, and dedicated support. Get approved in minutes.

Get the loan you need today

By clicking 'Get Loan' you agree to be contacted.

An unhandled error has occurred. Reload 🗙