These are targeted at customers who already have credit solutions with Sycamore Credit and would like to take more money (top up). The customer is able to apply for a new loan that allows them to top up a new amount. .
The name ‘Phukira’ translates to ‘budding’ and will be a loan top up that will allow customers who have repaid 60% to 70% of their loans to access another loan while clearing their previous loan. The requirements for the product will be as follows.