Kamata Pesa - Online loans 1.3.1

Kamata Pesa operates as an online loan platform designed to cater to a diverse range of financial needs. It offers a variety of loan options, including emergency funds, personal consumption loans, and short-term working capital. The application process is streamlined and can be completed within minutes, facilitating swift approvals.

Loan Details:

• Loan Amount: 100,000 TZS - 800,000 TZS
• Loan Term: Minimum 120 days to 360 days
• Annual Interest Rate (APR): 12% to 26%

Please note that the loan amount and interest rate are subject to actual approval.

Loan Example:
If you apply for a loan of 100,000 TZS for a term of 180 days at a daily interest rate of 0.03%, the fee details are as follows:
Total interest: 100,000 TZS x 0.03% x 180 = 5,400 TZS
Total repayment: 105,400 TZS

Basic Requirements for Loan Application:

• Must be a legal resident of Tanzania with a valid ID
• Aged between 18-65 years
• Possess a stable source of income

Product Features:

1. Fast Approval: The intelligent review system ensures that the initial assessment is completed within minutes following the submission of your application.
2. Credit Improvement and Revolving Loans: Timely repayments contribute positively to your credit score, making it easier for you to secure larger loans in the future.
3. Security: Advanced data encryption technology is employed to safeguard your personal information and funds, ensuring all transaction processes are securely protected.

Contact Information:
Email: [email protected]
Working Hours: Monday to Friday, 9:00 AM - 7:00 PM