About iMali
The Speedy Dollar Eight Group contains a number of business investment portfolios that get managed from Bloemfontein, South Africa. P Kleovoulou started lmali Loans in 2014 with 5 branches and opened the 6th branch in 2016. The main income stream is interest received on 30 day loans issued to clients, as well as administration fees and service fees.
The business has minimised security risk by having up to date software programmes for issuing of loans and verification of customer identities. Each branch consist of signature pads, fingerprint scanners and webcams to verify the identity of the customer as well as his/her work employment. Further to this, each branch consist of tellers and a branch manager.
The directors initiated its first investment in the late 1990’s and since have grown to 6 branches, of which 5 are located in Botshabelo and 1 in Bloemfontein. Our core investments have been in the business ventures in the financial services industry, namely micro-lending industry.