Ustawi Loan

Features Ustawi Loan

Ustawi Loan is an personal loan app in Tanzania, Provide users with unsecured loans, low interest rates and strong financial support.(1) Product Details:Loan Amounts from 50,000 TZS to 10,000,000 TZS.Duration from 91 days to 365 days.Min interest rate: Annual Interest rates 10%Max interest rate: Annual Interest rates 26%Processing fee : varies from 0% - 5%;EXAMPLE OF COST OF LOANS,including all applicable costs:Loan amount: TZS 200,000Loan period: 91 Daysinterest rate is 20% per yearProcessing fee : 1%After deducting the processing fee, the interest payable is as follows :Interest = TZS 200,000 * 20% / 365 * 91 = TZS9,972.6Processing Fee= TZS 200,000 *1% = TZS 2,000Final amount to be paid after maturity = principal + interest + Processing Fee =TZS 200,000 + TZS 9,972.6+ TZS 2,000=TZS 211,972.6Monthly repayment = TZS 211,972.6 / 3 = TZS70,657(2)Apply Requirements:Residents of Tanzania.18-60 years old.Have a stable job(3)How to use:Install app from Google play storeRegister with a mobile numberUpload KYC documents and check your loan eligibilityUnder review, the best loan amount is credited to your account instantly!(4)Connect Us:Any questions, contact us:Timings: Monday to Sunday (08:30 - 18:30)Email: [email protected]:+255 699065349Address: Mpwapwa Rd 12, Dodoma, Tanzania