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Example Loan Calculation:

Loan Terms Weekly Total Repayable APR
$40 9 Weeks 12,703.80 TZS 114,335.00 TZS 164%
$3,000 104 Weeks $47.60 $4,950 65%

Rates and Fees

The interest rate you will pay depends on your loan amount and credit profile. For medium to long term loans, maximum 2 years, the APR can be up to 65%. On short term loans the APR can be up to 164%. Repayment periods can be between 1 week and 24 months.