The newest operation in the Bayport Financial Services family is Bayport Mozambique. Incorporated in the last quarter of 2012, Bayport Mozambique partnered with Whatana Investments, a company chaired by the former Mozambican first lady, Graca Machel, to guide and assist the in-country management team.
The economic boom that is following in the wake of the civil war is generating unprecedented business opportunities in Mozambique. Against this backdrop, Bayport loans empower individuals to drive their personal economic freedom.
A Bayport medium term loan offers a larger cash loan that gives you more time to pay back the loan. A short term loan is ideal for smaller amounts, but a medium term loan allows you to repay a bigger amount over 1 to 2 years.
This type of loan can help you to:
Pay school fees
Purchase farming products
Start or grow a business
Furnish your home (computer, oven, etc)
If you need to grow your business or make investments that will benefit your family, then this is the right solution for you.
A Bayport long term loan allows you to borrow maximum cash amounts that can be repaid over a 36 to 60 month period. Repayment is more affordable to manage as you will have more time to pay back the loan.
If you are looking to make the following investments, then a long term loan is best for you:
Buying a car
Buying a house
A professional Bayport agent will be able to advise, assist and guide you through the process of making a long term loan commitment.
At Bayport we aim to facilitate economic development and social change. Long term loans offer opportunities that can enable positive development in people’s lives.
Credit Life takes care of your loan when you can’t.
When you take out aBayport loan, you take out Credit Life Cover at the same time. If you are retrenched, disabled, pass away or get a dread disease like cancer, the money you still owe on your loan will be paid back to Bayport by the insurance company.
You get this cover when you enter into a valid finance agreement with Bayport, as long as you are turning older than 19 on your next birthday and have not yet turned 60. You are covered from the moment you sign the policy — even if you have not paid a single premium yet.
Once your policy has started running, you must keep up your payments, otherwise you cannot receive your Credit Life Cover benefits.
Find a Bayport Branch near you by clicking on the highlighted letters below.