Secured Micro Loans Mikopo Midogo yenye Dhamana
Loans from TZS 1,000,000 for small traders and micro businesses that need cash quickly, repaid over 6 months.
Key facts
- Amount
- From TZS 1,000,000
- Repayment
- 6 months
- Processing
- 24 hours
- once we have all the required documents
- Paying early
- No extra charge
- settle your loan whenever you are ready
About this loan
For micro businesses that need money fast to pay a supplier, restock or get through a slow month. The loan is secured: your loan officer agrees the collateral with you before you sign.
Who it is for
- Small traders and micro businesses
- Owners who can provide basic documents to verify the business
What you can use it for
- Paying suppliers
- Restocking
- Day-to-day running costs
- Short cash flow gaps
How applying works
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Step 1: Apply online or at a branch
Fill in the short online form, or visit any of our branches.
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Step 2: We call you
A loan officer talks through your loan and tells you which documents we need.
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Step 3: Your loan is processed
Within 24 hours once we have all the required documents.
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Step 4: You repay
On the schedule agreed with you before you sign. Paying early costs nothing extra.
Questions about Secured Micro Loans
What is the smallest amount I can borrow?
Secured Micro Loans start at TZS 1,000,000.
How long do I have to repay?
6 months, on a schedule agreed with you before you sign.
What security do I need?
The loan is secured, so you need collateral. Your loan officer agrees what that will be with you before you sign.
How quickly will I get the money?
Most loans are processed within 24 hours once we have all the required documents. Your loan officer tells you which documents your loan needs when they call you.
Can I pay my loan off early?
Yes. Paying off your loan early costs nothing extra.
Kwa Kiswahili
Mikopo Midogo yenye Dhamana
Kwa wafanyabiashara wadogo na biashara ndogo zinazohitaji fedha haraka. Mikopo inaanzia TZS 1,000,000 na inarejeshwa ndani ya miezi 6. Ni mkopo wenye dhamana: afisa mikopo atakubaliana nawe kuhusu dhamana kabla ya kusaini. Mkopo unashughulikiwa ndani ya saa 24 baada ya kupokea nyaraka zote zinazohitajika, na ukilipa mapema hakuna gharama ya ziada.
Keep your small business moving
Secured Micro Loans start at TZS 1,000,000 with a 6-month repayment plan, for traders and micro businesses that need capital quickly.
Photo by Ali Mkumbwa on Unsplash