Simba Loan

About Simba Loan

Are you in need of a motorcycle loan, tuktuk loan, or urgent cash loan? Look no further than Simba Loan. With us, you can access loans of up to Tsh.1,000,000, Tuktuk or Motorcycle in just a few clicks!

Loan Details:

Minimum and Maximum Repayment Period: Our loan terms are flexible, ranging from 3 months to 12 months, allowing you to choose a repayment schedule that suits your financial circumstances.

Maximum Annual Percentage Rate (APR): We ensure transparency in our pricing by capping the maximum Annual Percentage Rate (APR) at 17.27%

Example: Let's illustrate the cost of borrowing with a representative example. Borrowing Tsh.550,000 for 3 months would result in an interest charge of approximately Tsh.24,643 (calculated at a 17.27% APR). The total repayment amount would be approximately Tsh.574,643.
Understanding the true cost of borrowing is paramount. That's why we transparently calculate your Annual Percentage Rate (APR) – for instance, borrowing Tsh.550,000 for 3 months results in an APR of approximately 17.27%. We believe in empowering our users with clear financial information.

Why choose Simba Loan? It's not just about quick funds – it's about trust and reliability. Our user-friendly app ensures a seamless borrowing experience. Simply provide your national ID number and a few personal details to get started.

Our loan options are tailored to your needs, ranging from Tsh.50,000 to Tsh.1,000,000, based on your financial profile and repayment capacity.

Ready to take control of your finances? Follow these simple steps:

1. Download and register on the Simba Loan app.
2. Choose your desired loan type and amount.
3. Complete your personal details and national ID number.
4. Get approved and receive your loan within minutes!

Rest assured, Simba Loan prioritizes security and confidentiality. Your data is safe with us.

Don't let financial constraints hold you back. Experience the ease of borrowing with Simba Loan today!