LOAN PRODUCTS

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

TZS 500,000 -  20,000,000

MODEL OF REPAYMENT

Daily or Weekly or Monthly basis

TENURE

(a) Maturity/Term: Minimum 1 month
(b) Maximum 2 Months. (for loans above TZS 1M)

The Serene Microfinance Company intends to reach poor families in Tanzania with microloans in the next five years. Its operations will start in many parties of Dar es Salaam City and nearby Regions and later with different branches all over Tanzania Regions
The Microfinance strives to ensure that, the granting of credit accommodation is always based on sound and professional credit assessment of customers.

CONTACT US

LOCATION

Mikocheni B, Bima Road

CALL US

0677 500 018 / 0677 111 742

OPENING HOURS

MON - FRI: 08:00am - 05:00pm
SAT: 08:00am - 01:00pm