This article is all about the information that you will need before you apply and the process of how to apply for sassa loan via cellphone.
The South African Social Security Agency (SASSA) is the main institution under the South African government, created to oversee the application process for, approval and payment Social grants within South Africa to qualifying citizens.
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Different types of SASSA grants and loans
Grants that are administered by SASSA grants are intended to reduce and stop the effects of poverty.
In the Ministry of Social Development, SASSA grants are responsible for making sure that the government gives the correct amount of grant to the correct person, in an address that is comfortable for the person.
In a country such as South Africa, where the government is trying to address the three-pronged challenge of inequality, poverty and unemployment social grants have improved life of millions. Department of Social Development research has shown that grants can aid in reducing poverty, improving distribution of wealth, and promote economic growth in communities.
The statistics show an estimated 2.5 million people received government social aid in 1993. This number has since increased to over 16.8 million in 2016. According to the DSD has also revealed that over half of families in South Africa benefit from government’s social assistance program.
Mr Olawale Olokede is a registered loan officer and worked for over 10 years as a senior financial consultant for accounting, finance and business management firms in Nigeria. Mr Olawale Olokede implemented and supervised financial and loan solution to Lagos based small and medium scale businesses after lecturing at the Lagos Business school. He is channeled his writing skills and passion for blogging to set up Lending Naija with over 50 reviews on different loan application and downloads.