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Over 80 000 loyal customers should be receiving a total of R160 million in interest refunds.

Capitec Bank has decided to make things a little easier for their clients.

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Capitec CEO Gerrie Fourie said that they want to help their clients as much as possible during this time.

This is why they waived the interest for the relief period for clients who met the qualifying criteria.

Taking to Twitter, @KasiEconomy shared the news, also looking for people to support the young man.

Business news: Capitec Bank refunds over R160 million to customers

Capitec Bank is going to refund their clients R160 million for honouring loan repayments during the Covid-19 pandemic. Image: Jaco Marais/Foto24/Gallo ImagesSource: Getty Images

“This young man from Soshanguve, Pretoria opened his own Internet Cafe business in a shack.

Let’s make him famous,” the page captioned the heartwarming Twitter post.

Many people obviously found the post super inspiring, liking it over 9 000 times.

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Source: Briefly News

Thando MpembeThando Mpembe is a sports journalist who has a passion for all things entertainment.

In her spare time, Thando enjoys reading and spending time with family.

She is an advocate for mental health and believes that a healthy body starts with a healthy mind.

Thando holds an Honours Degree in Journalism from the University of Johannesburg.

Her favourite quote is “Gentle reminder - you are not for everyone and that is a blessing”.

Email: thando.mpembe@briefly.co.za