How It Works
Our Working Process
Step
Submit Application
The journey begins with you submitting a loan application, which includes personal information and income details.
Step
Review & Verification
Once the application is received, we review and do verification of the provided information.
Step
Loan Approval
After the review, if the application meets the our criteria, then loan is approved. You will be notified of the approval status, along with the loan amount, interest rate, and terms
Step
Loan Disbursement
Following approval, the final step is loan disbursement. The funds are transferred to the your designated account
Faq
Frequently Asked Questions ?
Who can apply for a Dimeva Loan?
Only active Dimeva members in good standing may apply. Members must have paid their joining fee and be up to date with monthly contributions
Can non‑members apply?
No. All loan products are strictly for registered Dimeva Co‑operative members.
What types of loans does Dimeva offer?
Dimeva provides four member‑focused loan products:
1.Emergency Loan – For urgent needs such as groceries, school fees or medical costs.
2.Funeral Top‑Up Loan – Additional support for funeral expenses not covered by the standard benefit.
3.Contribution Arrears Loan – Helps members catch up on missed monthly premiums.
4.Micro‑Enterprise Loan – Funding for small business activities within the commun
How much can I borrow?
Loan amounts depend on the product:
1.Emergency Loan: R500 – R2,000
2.Funeral Top‑Up Loan: R1,000 – R3,000
3.Contribution Arrears Loan: Up to 3 months of arrears
4.Micro‑Enterprise Loan: R1,000 – R5,000
Are loans deducted from my funeral payout?
No. Loan repayments are separate from funeral benefits. However, members must remain in good standing to maintain access to both services.
