Maximize your benefits with BoraPesa.
When you need it, apply for a loan in minutes. No endorsements, no bureaus, no complicated documents. register with your phone number, upload your 18+ ID card, and your credit is gone. When you pay on time, your next payment will increase immediately.
How to get a loan quickly?
Download BoraPesa App
Complete the identity verification information required for your online loan application.
Once approved, the loan will be deposited directly into your Mobile money wallet.
By remembering the repayment dates and making your payments on time, you can continue to increase the loan amount and term.
Application Requirements
1. 18 years old and above
2. be a Tanzanian citizen
Features:
Loan amount: TZS 10,000 to TZS 1000,000
Loan term: 91-180 days
Annual interest rate: 12%-25%
Example:
Example
If you apply for a loan of Tsh 100,000, the loan tenure is 365 days and the APR is 25%.
Therefore
Interest for 365 days = TZS100,000 x 25% = TZS 25000
Total Repayment = TZS 100,000 + TZS 25000 = TZS 125000
contact information:
Email:[email protected].
Address:7 Itsoseng St, Dar es Salaam, Tanzania
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