SME (INDIVIDUAL) LOAN
(a) Tanzanian citizens between the age of 18 years and 65 years.
(b) Minimum 3 Months & Maximum 9 Months for loans below or equal to 10M
(c) Must have minimum 1 years' experience in the business
(d) Business must be operated in a permanent location (proof doc to be attached)
(e) No Negative Status in Credit References (CRB) if any negative findings valid justification & proof documents to be submitted.
(f) The business location should be within Dar es Salaam region
(b) Minimum 3 Months & Maximum 9 Months for loans below or equal to 10M
(c) Must have minimum 1 years' experience in the business
(d) Business must be operated in a permanent location (proof doc to be attached)
(e) No Negative Status in Credit References (CRB) if any negative findings valid justification & proof documents to be submitted.
(f) The business location should be within Dar es Salaam region
LOAN AMOUNT
TZS 300,000 - 20,000,000
MODEL OF REPAYMENT
Monthly or Weekly basis
TENURE
(a) Minimum 3 Months & Maximum up to 12 Months.
(b) Minimum 3 Months & Maximum 9 Months for loans below or equal to 10M
(c) For Loans equal or below 500,000/= Maximum 4 Months
(b) Minimum 3 Months & Maximum 9 Months for loans below or equal to 10M
(c) For Loans equal or below 500,000/= Maximum 4 Months
