Interest rate is 15.96% p.a reducing balance

Loan tenure is up to 10 months

Minimum loan amount is TZS 300,000 up to Single Borrower Limit (SBL)

Opening of transactional account for the loan repayment

Evidence of two month upfront instalments

Duly completed & signed IPF agreement contract

Customer to provide KYC i.e. National ID, TIN certificate, certificate of incorporation/registration

Positive Credit Reference report

A registered Business entity that can provide cash or irrevocable standing payment order instructions to debit account for the loan repayment over the loan period

Policy Holders with paid employment or business individuals that can provide cash or irrevocable standing payment order instructions to debit his account for the loan repayment over the loan period