You can refinance more than one or more loans using a single MPOWER application. However, you must submit separate pay-off statements for each loan to ensure the accurate disbursement of the loan amount to the original lenders.

Important considerations:

• Loan limit: Applicants can only borrow loans from US$2,001 to US$100,000. You can only borrow up to US$100,000 at any given time.
• Repayments affecting eligibility: If you repay or reduce the balance of an existing MPOWER loan, this can be factored into the calculation for a potential new disbursement, allowing for additional borrowing capacity within the US$100,000 limit.