Five sample loans, each with a clear limit, term and price. Rates are per month on the balance you still owe.
Show amounts in
Converted at indicative rates. Your written loan offer confirms the amount.
For members
Business Loan
Stock, tools, a stall or a shop
- Amount
- TZS 260,000 – TZS 7,800,000
- Time to repay
- 3–24 months
- Interest
- 1.8% a month
- One-off fee
- 1%
You need: 3 months’ membership, savings of 20% of the loan, one guarantor.
For members
Farm Loan
Seed, fertiliser, tools, storage — repaid around harvest
- Amount
- TZS 260,000 – TZS 6,500,000
- Time to repay
- 4–18 months
- Interest
- 1.5% a month
- One-off fee
- 1%
You need: 3 months’ membership, savings of 20% of the loan, one guarantor.
For members
School Fees Loan
Fees, uniforms and books, paid direct to the school
- Amount
- TZS 130,000 – TZS 2,600,000
- Time to repay
- 3–12 months
- Interest
- 1.2% a month
- One-off fee
- 0.5%
You need: 3 months’ membership, the school’s fee statement.
Fast
Emergency Loan
Medical bills and urgent family needs
- Amount
- TZS 52,000 – TZS 780,000
- Time to repay
- 1–6 months
- Interest
- 2% a month
- One-off fee
- None
You need: 1 month’s membership, decision within 24 hours.
For groups
Group Loan
Five or more members borrowing together
- Amount
- TZS 780,000 – TZS 13,000,000
- Time to repay
- 6–24 months
- Interest
- 1.6% a month
- One-off fee
- 1%
You need: A registered group, members who each save every month.
Sample rates and limits — replace them with your own.
Calculator
See the cost of your loan.
Pick a loan, then move the sliders. The calculator prints its assumptions and your first payments.
- Your monthly payment
- Loan
- Interest over the loan
- One-off fee
- Total you repay
Interest on the balance you still owe costs you less than a flat-rate loan at the same percentage.
| Payment | Interest | Principal | You still owe |
|---|
| Loan | What it is for | You need | Interest |
|---|---|---|---|
| Business Loan | Stock, tools, a stall or a shop | 3 months’ membership, savings of 20% of the loan, one guarantor | 1.8% a month |
| Farm Loan | Seed, fertiliser, tools, storage — repaid around harvest | 3 months’ membership, savings of 20% of the loan, one guarantor | 1.5% a month |
| School Fees Loan | Fees, uniforms and books, paid direct to the school | 3 months’ membership, the school’s fee statement | 1.2% a month |
| Emergency Loan | Medical bills and urgent family needs | 1 month’s membership, decision within 24 hours | 2% a month |
| Group Loan | Five or more members borrowing together | A registered group, members who each save every month | 1.6% a month |
Sample terms. Your written loan offer confirms the amount, rate, fee and payment dates.
About loans
What does “reducing balance” mean?
You pay interest only on what you still owe. As you repay, the balance falls, so the interest falls too. A flat rate charges interest on the full amount all the way through, which costs more.
Can I repay early?
Yes. Sample rule: there is no penalty, and you pay interest only up to the day you settle.
What is a guarantor?
A member who agrees to help if you cannot repay. Your savings can also secure part of the loan.
How long does approval take?
Sample times: emergency loans within 24 hours, others within 3 working days after we have your documents.