MkopoFasta-Personal OnlineLoan

4.4
22.7K reviews
100K+
Downloads
Content rating
Rated for 3+
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About this app

MkopoFasta is an online lending APP in Tanzania that provides flexible loan products, providing simple, fast and secure loan services through mobile phones.

Features:
Loan amount: TZS 10,000 to TZS 1000,000
Loan term: 91-180 days
Annual interest rate: 12%-18%
18+

example:
Installment loan with a principal amount of 10,000 TSZ. The APR for the loan payment period of 180 days is 12%. The total interest should be TZS 10,000*12%/365*180= TZS 592 The total repayment amount is TZS 10,000 (principal ) + TZS 592 (total interest) = TZS 10592

Why Choose Mkopo Fasta
Free to use, no hidden fees
Efficient application review
same day cash withdrawal
24/7 support
no paperwork required

How to apply for a loan:
1. Download the MkopoFasta app.
2. Register your account with your phone number.
3. Fill in your necessary information and submit the loan application.
4. Your loan will be credited directly to your account based on the mobile network you selected during registration.

Loan Eligibility Requirements
You must be at least 18 years of age to use our Services.
You must be a citizen or legal resident of Tanzania
You need a mobile money account to deposit funds

contact us:
Email: mk@mkopofasta.com
Address: Isseke Tanzania
Updated on
May 6, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Location, Personal info and 9 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.4
22.5K reviews
Walton Darr
May 9, 2024
I had some unexpected medical bills that I didn't have the cash to pay upfront. MkopoFasta made it possible for me to get the treatment I needed without going into default on the bills. Their application process was fast and simple, and I had the funds available within 2 days. I was able to pay my medical bills on time, avoiding any additional fees. MkopoFasta gave reasonable rates considering my credit profile. Their customer service team was also very helpful in setting up my repayment schedule.
11 people found this review helpful
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Rose Ahamad
May 9, 2024
I was in a real bind when my car broke down and I didn't have the cash to repair it. I needed a quick loan to cover the costs. I applied for a loan on MkopoFasta and was approved within hours. The application process was simple and fast. I provided some basic personal info and was approved for TZS500,000, which was deposited directly into my account the next day. With MkopoFasta's reasonable interest rates, I was able to pay off my loan over 6 months without too much strain on my budget. I'm so thankful this app was there when I needed emergency funds.
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Osborne Burrow
March 4, 2024
My daughter's ballet recital costume ended up being way more expensive than I anticipated. I didn't have room in my budget to cover the extra costs upfront. I turned to MkopoFasta for a short term personal loan. The loan amount was small but exactly what I needed to pay for the costume expenses right away. Repaying the loan was manageable with my next couple paychecks. I appreciated MkopoFasta's fast and easy application because I was able to get the funds I needed when I needed them. Their customer service was also very responsive in answering my questions.
252 people found this review helpful
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