MkopoFasta-Personal OnlineLoan

4.4
25.3K reviews
1L+
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
6 May 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
25.1K reviews
Zee
9 April 2024
Please help I am getting texts of not paying but I can not get into the app it keeps telling me that I have reached the limit on OTP request yet its twice and still the OTP does not come through.I have uninstalled and reinstalled the same yet nothing changes. Worse is that the agents call and do not text to say where they are from and send texts to contacts on my phone book it is clearly not a good thing. Please help I'd like to sort out my loan and see ehst others are pending.
49 people found this review helpful
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Osborne Burrow
4 March 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.
342 people found this review helpful
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Reservations Office
1 June 2024
1. Their loan officers harass clients too much 2. They have a lot of hidden charges and deductions that they don't state upfront 3. Their interest rates are too high 4. They don't send you the exact amount that they initially advertise 5. Their workers hack into your mobile account, and send and call your contacts to tell them that you have outstanding loans with them. And they send repeated messages of abuse 6. They have not stated where their offices are, nor their registration certificates
53 people found this review helpful
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