SOKONI LOAN
(a) Tanzanian citizens between the age of 18 years and 65 years.
(b) Should have experience more than 1 year
(c) Operating in the market with a permanent area (Kizimba).
(d) Should possess a valid identification document and Official letter from market lender
(e) Home Visitation and local Government verification must be done by credit officer checked by credit manager/Credit risk Manager.
(f) Client must have permanent home/ clients without permanent residence guarantor should have permanent residence.
(b) Should have experience more than 1 year
(c) Operating in the market with a permanent area (Kizimba).
(d) Should possess a valid identification document and Official letter from market lender
(e) Home Visitation and local Government verification must be done by credit officer checked by credit manager/Credit risk Manager.
(f) Client must have permanent home/ clients without permanent residence guarantor should have permanent residence.
LOAN AMOUNT
TZS 100,000 - 1,000,000
MODEL OF REPAYMENT
Daily or Weekly basis
TENURE
(a) Loan terms 1 to 6 months:
(b) Amounts below TZS 500,000 will have a maximum term of 3 months
(c) Amounts above TZS 500,000 and up to TZS 1,000,000 will have a maximum term of 6 months.
(b) Amounts below TZS 500,000 will have a maximum term of 3 months
(c) Amounts above TZS 500,000 and up to TZS 1,000,000 will have a maximum term of 6 months.
