Northern Advanced Micro Loan gives salaried employees across Namibia fast access to short-term credit with transparent pricing, no hidden fees, and automated repayment on payday.
From application to cash in your account. No paperwork maze, no branch visits required.
Submit your application with proof of employment and latest payslip.
We run affordability and credit checks. Know your amount within hours.
Approved amount transferred directly to your bank account via EFT.
Repayment collected automatically on payday via Enhanced Debit Order.
Designed from the ground up for the realities of Namibia's working population.
27% total finance charges, well below the 30% regulatory cap. No hidden admin fees, no surprise charges, no fine print.
EFT transfer directly to your FNB, Standard Bank, or Bank Windhoek account. No branch visit, no waiting in line.
Start at N$2,000. Each successful repayment increases your limit by N$1,000. Loyalty is rewarded.
We never lend more than 35% of your net salary. Credit bureau checks ensure you're not overextended.
Technology-first platform prepared for fully digital applications as Namibia's Electronic Transactions Act takes effect.
Majority Namibian-owned, headquartered in Outapi. Born in the North, built for all of Namibia.
Salaried employees across Namibia with a regular monthly income and a bank account. You must pass our affordability assessment.
New customers start with up to N$2,000. Your limit grows by N$1,000 with each successful repayment, subject to affordability (max 35% of net salary).
25% flat interest plus 2% initiation fee per loan cycle (31 days). Total 27% finance charges. Plus N$5 stamp duty. No other fees.
Through an Enhanced Debit Order (EnDO) via NamPay, timed to your salary date. Automatic, reliable, no manual effort.
NamLoan is a product of Northern Advanced Financial Services (Pty) Ltd, operating under the Microlending Act 7 of 2018 and regulated by NAMFISA. We are in the licensing process ahead of our 2027 launch.
We're preparing for launch in 2027, starting from our home base in Outapi and expanding across Namibia. Sign up for updates to be among the first to know.
NamLoan is launching soon. We'll notify you when applications open.
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