Mjasiliamali Loan

This is a credit facility designed to finance business operations.  The facility is meant to support working capital needs, business growth and other personal issues related with businessman/women to help them stabilize and continue with their economic activities as usual. Eligible businesses for this facility are those that are fully licensed and registered as well as must be in operation at least for a period of one year and above.

 

LOAN AMOUNT AND DURATION:
Our loan start from TSH 1,000,000 and above depending on the business capacity to repay and the duration is not more than 12 months.

ACCEPTED COLLATERAL

Motor vehicle, plot of land, house and other asset that may considered relevant as per loan request.

REQUIREMENTS

  • Filled application form with personal details
  • Personal supporting documents
  • Business supporting documents
  • Proof of business experience of not less than 12 months
  • Business Bank Statement of the past six months

 

Loan will be released within 48 hours after submission of a thorough application with all the requirements as stated above.