SAL-12
Coming soonSalary Advance
Payroll-deducted loan for salaried employees up to 12 months.
Monthly rate
3.5% / mo
Amount
TSh 300,000 – TSh 600,000
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GL
Active
Group Loan
Group Loan
Borrow together with shared liability. Best for chamas and savings circles.
Apply nowGroup Loan
Loan limits
TSh 400,000 – TSh 10,000,000
Tenure
3–12 mo
Interest & profit
12.6% - 18% / mo
Processing time
24 – 48 Hours
At a glance
Overview
Borrow together with shared liability. Best for chamas and savings circles.
Who is this for?
Designed for Group borrowers who need flexible, transparent financing through our mobile platform.
- ✓No collateral required for qualifying tiers
- ✓Generous loan limits for verified borrowers
- ✓Apply and manage everything from your phone
- ✓All fees disclosed before you sign
- •Borrow together with shared liability. Best for chamas and savings circles.
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Active membership
Valid Kopafasta membership or renewal in grace period
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Verified identity
NIDA verification and face match completed
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Proof of income
Bank statements, payslips, or business records as applicable
- Application fee
- TZS 10,000
- Post-approval fees
- TZS 44,000
- Tiered monthly rate: 12.6% - 18% per month (by approved amount)
- At minimum amount: 18% per month
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📄
National ID (NIDA)
Verified through our identity system
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📄
Proof of income
Bank statements, payslips, or business records
- Group members — Member roster submitted during application
- Group approval — Constitution and group sign-off
- External guarantor — Not required for group loans
Estimate your repayments
Repayment calculator
Drag the sliders to preview your payment.
Amount
Tenure
mo
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Apply nowFrequently asked questions
Most applications are reviewed within 24–48 hours. Emergency products may be faster.
Many products offer tiers without collateral. Check the eligibility section for this product.
Our team reviews your application, may request additional documents, and notifies you when approved for disbursement.
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