MyPesa is a trusted and secure online financial loan platform designed specifically for mobile users in Tanzania. We are committed to offering our customers access to a range of high-quality loan products around the clock, ensuring that financial support is available whenever you need it, 24 hours a day, 7 days a week. Our services are entirely online, eliminating the need for physical paperwork and enabling you to apply for loans, manage your account, and make repayments from the comfort of your home or on the go.
Eligibility
1. Tanzanian citizen
2. Between 18-60 years old
3. With regular source of income
Product Features
Loan Amount: TZS 50,000 ~ TZS 5000,000
Loan Term: from 91 days to 360 days
Maximum Annual interest Rate（APR）: 26%
For example:
If you apply for a loan of TZS 100,000, the term is 120 days and the annual interest rate is 25%.
So the daily interest rate = 25%/365=0.068%,
the interest for 120 days = TZS 100,000x25%/365x120 = TZS 8219,
the totally repayment = TZS 100,000 + TZS 8219 = TZS 108,219,
the monthly repayment = TZS 108,219/4 = TZS 27,054.75
Customer Service Email: [email protected]
Address: 5321+2QW, Dar es Salaam, Tanzania
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