REGISTER Representing the interest of 14 IPA’s, throughout South Africa

In our quest to deliver superior and value-adding service to all ASAIPA members we entered into an exclusive agreement with Iemas Financial Services (Co-operative) Limited to provide you with competitive financial products and services.

Why Iemas?

Iemas is a Co-operative which means its members (the employees/members of participating organisations who use Iemas products) become the owners of the organisation, like shareholders of a company, but with the main difference that a member can only have one vote. To become an Iemas member a person must utilise any of the wide range of products and services offered by Iemas.

Co-operative organisations differ from other businesses in three key ways:

A different purpose

A different control structure

A different allocation of profit

Co-operatives strive to meet the common needs of their members, whereas most investor-owned businesses exist to maximise profit for shareholders. Iemas has no external shareholders.
Co-operatives use a system of one-member/one-vote. This helps in serving the members’ common needs and to ensure people, and not capital, control the business.
The decision on how profits are distributed is approved annually by the members of the Co-operative. Profits to Iemas members are allocated on the basis of how much they have used the business’ products and services throughout that specific financial year.

Over the past ten years Iemas paid out more than R900 million in benefits to happy Iemas members!

The Iemas profile:

  1. Iemas is a registered financial services (FSP 15815) and credit provider (NCRCP 1332) with a 79 year track record;
  2. Iemas has an agreement in place with ASAIPA, to offer various financial products and services to ASAIPA members.

Iemas’ financial products and services available to you as an ASAIPA member:

Educational Loans

  • Guaranteed affordable interest rate*
  • Repayment period of up to 24 months
  • Loan amount can be used for tuition fees, books and campus accommodation
  • As an Iemas member you will share in the annual Iemas benefit payment
*Subject to approval, interest rate may vary from prime minus 1% to plus 3%

Let us enable your family to invest in a prosperous future! - Click Here
Health Staff Locum

  • The ideal way of financing your required equipment, practice extension and much more
  • Competitive interest rates
  • Maximum amount up to R80 000
  • Up to 60 months to repay

*Loan amounts and payback terms are subject to individual credit and payment profile.

Competitive interest rates to suit your pocket! - Click Here

  • Over 10,000 national retail outlets to choose from
  • No transaction costs
  • Interest-free credit up to 55 days
  • Budget facility available
  • FREE lost card protection
  • Medical practitioners can also apply to accept the Iemas Purchase Card as a form of payment for services rendered

Save while you swipe with the Purchase Card! - Click Here
Short-term Insurance Brokerage

  • We guarantee your annual member cash-back reward even if you've claimed
  • As your broker we provide expert advice regarding your insurance needs
  • Because we are underwritten by various insurance companies we provide you with multiple quotations to choose from
  • We believe that every member is unique and therefore, you deserve a short-term insurance solution that is tailor-made for you
  • We also provide business insurance to ensure your practice and equipment are comprehensively insured

Receive an annual guaranteed member cash-back benefit, regardless of claims! - Click Here
Vehicle Financing

  • We can source any new or pre-owned vehicle on your behalf
  • We can quote on existing finance
  • Refinancing as well as financing for private transactions is available
  • Maximum repayment term of 72 months
  • As an Iemas member you will share in the annual Iemas benefit payment

Let us put you in the driver's seat! - Click Here

Benefit payment calculation example on vehicle finance

When financing a vehicle through Iemas you will, as an Iemas member, receive an annual benefit payment (2015/16 = 10% on interest paid throughout the year)

Vehicle price: R350,000.00
Term: 72 months
Interest rate: 10.5% (current prime rate)
Monthly instalment: R6,572.64
Annual Iemas benefit: 10% on interest paid

Total interest payable for the term of financing contract = R123,230.00

10% member benefit payment on interest earned for the term of financing contract = R12,323.00

Contact Us

For more information contact your Iemas personal Account Manager:

Charmaine Pelser

T: 012 674 7011 | C: 084 824 2873