EMERGENCY LOAN
Intended to provide quick and accessible financial assistance to individuals and small businesses facing unexpected crises or emergencies. The product is geared towards granting credit facilities to responsible business/ employed men and women, operating under different sectors of the economy, the loan will help in providing a swift and efficient financial solution to address unforeseen challenges, thereby promoting stability, preserving assets, and fostering financial inclusion and social responsibility
(a) Tanzanian citizens between the age of 18 years and 60 years.(b) Employees of private and government sectors, Micro, small, and medium-sized business owners. Individuals
(c) Loan collateral Motor vehicle or Bajaj and Motorcycle with insurance cover, Home Chattels (Electronics Devices-Television, Laptops and Apple Mobile phones) with good condition are held by Serene as collateral until the loan is fully paid.
(d) Good credit history.
LOAN AMOUNT
MODEL OF REPAYMENT
TENURE
(b) Maximum 2 Months. (for loans above TZS 1M)