Employers are inundated with requests from their employees for financial assistance. For employers, these often become emotional decisions and negatively affect the employer/employee relationship.
In addition, since the implementation of the National Credit Act, employers who administer internal loan schemes now have to be registered with the National Credit Regulator as a credit provider.
More and more employees are being caught in a debt trap by turning to reckless lenders for financial assistance.
Babereki has the solution. Outsource your employees financial wellbeing to us. As a responsible credit provider, we take full control of the management thereof and assist your employee’s with their financial needs freeing you from managing the risk yourself.