Bayport Credit Solutions

Bayport Credit Solutions For Responsible Unsecured Credit

Bayport credit solutions empower African civil servants and unionised workers through access to unsecured credit.  Many of these people are “unbanked” and have traditionally been cut off from traditional credit at commercial banks.  Innovative Bayport credit solutions have made it possible to extend credit to these people at a far lower interest rate than they had become used to from the ruthless loan sharks.  Bayport Financial Services has so far been the only large credit provider company to have put forward a viable, sustainable business case for providing affordable unsecured credit in Africa.

Bayport offers its credit solutions in South Africa, Ghana, Uganda, Zambia and Tanzania, having first started out in 2002 in Zambia.  We have identified a need for responsible, affordable unsecured credit in Africa, but it was not easy devising a business plan that satisfactorily mitigated the risks involved in providing credit in Africa’s immature financial market.  Still, Bayport has faith in people’s will and ability to better themselves and we assist them through access to hassle-free, unsecured credit.

Bayport loans are used to pay school fees, fund farming activities, pay for home improvements and obtain cellular telephones on contract.  Longer-term loans are used to pay for motor vehicles, houses and as business loans to pursue economic opportunities and fund business growth.  Bayport’s vast distribution network and fully self-sufficient mobile units travel to where the clients are, even in far-off rural areas.

Bayport credit solutions mean that Africans have access to affordable, responsible credit at last.  Contact Bayport Financial Services today for more information on our company and financial products.