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Example loan
Loan Amount
400,000
Repayment term
6 months
Monthly repayment
110,823
Total repayment
664,938
Processing fee
3,000
Interest
16.50%
APR
201%
From TZS 3 000 processing fee. Min APR of 160%. Max APR of 311%. Customers enjoy flexible repayment terms and can determine their minimum and maximum repayment term at a period that suits them. For example, they can choose to repay their loan in full after a minimum of 3 months or a maximum of 24 months.
Do you qualify for a loan?
Requirements
- 1
You’re formally employed
- 2
Your salary is paid into a bank account
- 3
You have your latest payslip
4
You have the latest month's bank statement
5
You have an original National ID
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