Our express loans in Tanzania are also referred to emergency loans. This is a short term loan to cater for an immediate or unforeseen personal expense. It can also be used to offset a short term working capital requirement for your business.
This product is designed for clients whose businesses have verifiable daily cash flows. The loan usually goes to your account within 24 hours of application. Its repayment period depends on the amount taken.
The following are the features and requirements of Express Loans.
- Loans up to TZS 2,000,000/= with loan terms between 1-6months.
- Must be operating a legal enterprises for a minimum periods of six months.
- Must be Tanzanian National and aged 18 -65 years.