Apply anytime, get fast loans up to TZS 1.5M, no collateral needed.
WatuMkopo ā Trusted Personal Loan App in Tanzania
Get fast and reliable personal loans with WatuMkopo, your go-to financial solution for urgent needs. Borrow from TZS 50,000 to TZS 1,500,000 with flexible repayment terms ranging from 91 to 365 days ā no collateral required, no hidden charges, 100% transparency.
š¼ Why Choose WatuMkopo?
ā
Loan Amount: TZS 50,000 ā TZS 1,500,000
ā
Loan Tenure: 91 ā 365 days
ā
Daily Interest Rate: 0.03% ā 0.07%
ā
Maximum APR: 25.55%
š Example Loan Calculation
If you borrow TZS 500,000 for a period of 180 days at a daily interest rate of 0.05%:
Total Interest = TZS 500,000 Ć 0.05% Ć 180 = TZS 45,000
Total Repayment = TZS 500,000 + TZS 45,000 = TZS 545,000
Monthly Installment ā TZS 90,833
š Loan Requirements
To be eligible for a loan with WatuMkopo, you must:
Be a Tanzanian citizen
Be 21ā60 years old
Have a valid national ID (NIDA)
Have a stable source of income
š”ļø No Hidden Charges
We believe in financial transparency. WatuMkopo has no hidden fees, no processing charges, and no early repayment penalties.
š How to Apply
Download the WatuMkopo App
Complete your personal and employment details
Choose your loan amount and term
Submit your application and get approved in minutes
Receive funds directly in your mobile wallet or bank account
š§ Customer Support:
Email: [email protected]
š Address: BARABARA 12, Hatibu Ave, Dodoma, Tanzania
š Website: https://watu-mkopo.com
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