- Loan amount from Tsh10,000 to 100,000.
- Repayment periods from 91 days to 180 days.
- APR from 12% to 18%.
- Loan request: Need to be at least 18 years old or above.
- Easy to get a safe loan.
For a representative example:
If the loan amount is Tsh10,000, the loan term is 365days, and the APR is 14%, the total interest should be Tsh10,000*14%= Tsh1400. The total repayment amount would be Tsh10,000+ Tsh10,000*14%= Tsh11400.
Why Install UmojaLoan App?
In this app, you will get access to:
- Lenders with fast loan processing: It instant deposits to mobile account
- Easy application process: Online application no paperwork
- Flexible repayment options: Options to extend the repayment period.