First Loan Interest Free First Loan Interest Free CREDIT: Ferratum Cash Loans/Bad Credit Loans

Payday Loans - an Easy Way to Finance a Family Feast

Tuesday 8 October 2013, 4:36PM
By Ferratum Cash Loans/Bad Credit Loans

Planning on having a hangi or umu for family and friends but not sure how you are going to afford it? Utilise Ferratum’s payday loans service to help fund your event. After the event is over use the koha you will receive as gifts from your guests to repay the loan.

Everybody knows how expensive a hangi or umu can be. As the host you are expected to provide enough food and drinks to satisfy your guests. If the event is not at your home you will also be expected to cover the cost of a venue and other expenses such as seating.

A koha is well known in pacific and Maori culture as the ultimate example of reciprocity. A traditional koha used to be presented in the form of food or a treasured gift. A modern day kohu is now more likely to be given as money.

Koha’s, although considered to be gifts are generally expected by the host to help out with the cost of the hangi or umu. A loan from Ferratum can also be used by the guests to cover the cost of their koha. Guests can arrange a short term loan of up to $1000 within four minutes with Ferratum and repay it later when their paycheck arrives.

Who exactly are Ferratum?

  • They offer cash loans and payday loans fast.
  • Unsecured loans of in-between $100 - $1000 can be taken out.
  • Loans can be repaid over 7 – 45 days.
  • Ferratum was the first company in the world to introduce mobile microloan services, so they know what they are doing.
  • It has been operation since 2005, in 20 countries, employing over 300 people worldwide and servicing over 1.5 million customers.
  • As a third tier finance provider Ferratum actively supports the New Zealand government and their efforts to clean up the sector and protect people from loan sharks.
  • They are a New Zealand government registered financial service provider.
  • Their loans have been specifically designed to help customers who are in temporary need of money.


If you find yourself needing to access money quickly for an upcoming hangi or umu, as either the host or guest but are still unsure about utilising Ferratum’s services here is what a couple of their past customers have to say about them;

“I just want to say a big thank you for helping me at this time, this is my first time applying for a loan and you guys made it quick, easy and painless. I will recommend you to my close friends” – WK

“Thank you so much you guys are the BEST!!” – JC

If you have a hangi or umu coming up anywhere in New Zealand choose Ferratum to help finance the event or your koha, and the first loan is Interest Free with Bad Credit Loans available.

Visit their websites at or for more information regarding their short term unsecured loan packages or simply to answer any questions you may have.