Built for South Africa
Lend to people you trust,
without the awkwardness.
Snokonoko turns an informal loan between friends or family into a clear digital agreement that repays itself — so money never gets in the way of the relationship.
- ✓ Plain-language agreements
- ✓ Automatic repayments
- ✓ Both sides see the balance
R2,000
Lerato → Busi
65% repaid
Recent activity
How Snokonoko works
Three steps from an awkward favour to a settled agreement.
Create the agreement
Set the amount and choose how you'll be repaid — a fixed monthly amount, a share of each deposit, or an automatic deduction when salary or a grant arrives.
Both sides agree
Your friend or family member reads the terms in plain language and accepts digitally. The agreement is frozen at that moment — a real record both of you can see.
Repayments run themselves
They happen automatically — when salary lands, when a grant arrives, or on the day you agreed. No reminders, no chasing, no awkward WhatsApp messages.
Repayment that fits real life
Not everyone earns the same way. Pick the trigger that matches how money actually reaches the person you're helping.
Salary trigger
When a salary above R5,000 lands, R500 automatically goes toward the loan.
SASSA grant trigger
After each grant payment, an agreed amount is recovered toward the balance.
Airtime & data top-up
Every airtime or data purchase adds a small, agreed amount toward repayment.
Fixed monthly
R400 every month for 5 months, on a day of the month you both choose.
Percentage of deposits
10% of every incoming deposit goes toward the loan until it's settled.
Hybrid
A fixed amount each month, plus a share of every deposit — combined.
Whatever you choose, the borrower sees the exact terms in plain language before agreeing.
Every loan is a real agreement
A WhatsApp message can be deleted, forgotten, or argued about. On Snokonoko, the terms you both accept become a record neither side can quietly change — the reason the product has "trust" in its name.
- ✓ Frozen at acceptance. The terms are captured the moment they're agreed — nothing changes after.
- ✓ A shared history. Every repayment is logged where both people can see it — no disputes over what's left.
- ✓ Notified on every payment. Both sides get a heads-up when money moves and when the loan is settled.
Agreement terms
You are borrowing R2,000.00. Whenever a salary payment greater than R5,000.00 enters your account, R600.00 will automatically go toward repaying the loan.
Digitally accepted by Busi Nkosi
12 March 2026, 14:07 · consent record stored
Questions people ask
Is this a loan company? +
No. Snokonoko never lends money itself and charges no interest. It structures loans between people who already know and trust each other, and keeps the terms and repayments clear for both.
Does it cost anything? +
It's free while Snokonoko is in early access. There are no fees to create an agreement or to repay one.
What if someone doesn't pay? +
Both sides always see the agreement and the full repayment history, so there's never confusion about what's outstanding. Snokonoko makes lending transparent and accountable — it doesn't act as a debt collector or guarantee repayment.
Is my banking information safe? +
Repayments only ever follow the terms both people accepted — nothing moves outside the agreement you consented to. Your consent record is the reference point for every deduction.
Help the people you care about — without damaging the relationship.
Free to use. Set up your first agreement in under two minutes.
Get started — it's free- ✓ Plain-language agreements
- ✓ Automatic repayments
- ✓ Both sides see the balance