Fast, simple and responsible financial solutions for individuals and employees.
Apply via WhatsAppAll loan applications are conducted via WhatsApp only.
For individuals needing quick financial assistance.
First time clients – INTEREST FREE!
Refer a colleague who successfully takes a loan and repays on time, and earn an incentive as our appreciation.
For employees of companies partnered with Bakoto.
Bakoto Financial Services was founded to make short-term borrowing simple, honest and dignified for everyday South Africans.
We observed that many individuals, driven by financial urgency, were turning to informal and unregulated lenders, often exposing themselves to hidden charges and unclear lending terms. Bakoto was established to provide a more transparent and responsible alternative: a simple microloan and salary advance solution delivered entirely through WhatsApp, with clear and upfront pricing communicated from the very first interaction.
Every application is supported by a dedicated member of our team rather than an automated system. We conduct thorough affordability assessments, disclose all fees transparently, and ensure that clients are never offered more credit than they can reasonably afford to repay. This customer-centred approach has enabled us to build strong, long-term relationships with both individual clients and the companies we partner with across South Africa.
To become South Africa's trusted provider of accessible, responsible and innovative financial solutions that improve people's lives.
To provide fast, transparent and affordable financial services while building long-term relationships with individuals and corporate partners.
1. Employee requests salary advance from HR.
2. HR contacts Bakoto.
3. Bakoto performs affordability assessment.
4. Bakoto pays employee.
5. Employee repays via payroll deduction.
6. At month-end, Bakoto sends soft copies of: Mandates, Invoice to the company's Finance Department.
All salary advance facilitation is done between Bakoto and the company's finance department.
Helping employers support their workforce
Bakoto partners with businesses to provide responsible salary advances without increasing HR administration.
Apply exclusively via WhatsApp.