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DriverFund
FAQ

Questions, answered

Who can apply?

South African drivers aged 18+ who actively drive for a qualifying e-hailing or delivery platform, hold a valid licence and have a bank account in their own name.

How much can I borrow?

New drivers start at Level 1 (R350). With reliable repayment and a positive affordability assessment you can progress to R500, R1,000 and R1,500.

What does it cost?

Each loan has one fixed fee, with no interest. Your fee, total repayable and due date are shown on a quote before you accept. You never pay anything you have not agreed to in writing.

How long do I have to repay?

Initial loan products are repaid in full 3 days after the money is paid out. Your exact due date is on your quote.

Does repaying on time guarantee a higher limit?

No. Repayment history is the most important factor, but every level change also considers affordability, verification status and risk.

Is DriverFund part of an e-hailing company?

No. DriverFund is an independent company and is not affiliated with, endorsed by or a partner of any e-hailing or delivery platform. All trademarks belong to their respective owners.

I deliver food or parcels. Can I apply?

Yes. Drivers on other qualifying e-hailing and delivery platforms can apply, provided you can show active platform work and income.

How is my personal information protected?

Documents are stored privately with encryption and strict access controls. We process personal information in line with POPIA and only with your consent.

What if I can’t repay on time?

Contact us before the due date. We would rather agree a plan with you early than see you fall behind.

Still need help? Contact support