Namfisa warns public against unregistered microlenders
The Namibia Financial Institutions Supervisory Authority (Namfisa) has warned the public to use only registered microlenders when seeking short-term loans, cautioning that unregistered lenders put consumers at risk of unlawful practices, unfair charges, and loss of legal protections. Registered microlenders are required to disclose interest rates and fees clearly, charge within legal limits, avoid abusive practices, and provide proper loan documents to borrowers.
16 January 2026 · New Era →