Kimondo Finance

Kimondo Financial Services Limited

About this app

Kimondo Finance is your trusted solution for quick and flexible personal loans, designed to meet your financial needs with ease and transparency. Access loans for 6 to 8 months with a competitive 3.5% monthly interest rate on a reducing balance, ensuring affordability over time.

Key Features:
1. Flexible Loan Terms: Borrow for 6 to 8 months, tailored to your repayment capacity.
2. Competitive APR: A maximum annual percentage rate (APR) of 42%, charged at 3.5% monthly on a reducing balance—making borrowing more cost-effective.
3. Simple Fee Structure: Includes a one-time processing fee, monthly GPS tracking fees, and loan insurance for added security.
4. Fast & Easy Application: Apply seamlessly through the app with quick approval and disbursement.
5. Secure & Transparent: Clear terms, no hidden charges, and robust data protection.

Whether it’s for emergencies, personal projects, or unexpected expenses, Kimondo Finance empowers you to take control of your finances with confidence. Download now and experience hassle-free borrowing!

Note: Terms and conditions apply. Ensure timely repayments to avoid penalties.

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Sample Loan Calculator

For a loan of TZS 1,000,000 over 6 months:
• Interest Rate: 3.5% per month (reducing balance)
• Processing Fee: 7% (one-time) = TZS 70,000
• Life Insurance: 0.5% (one-time) = TZS 5,525

Estimated Total Payable:
Loan (1,000,000) + Interest (approx. 35,000) + Processing Fee (70,000) + Life Insurance (5,525)
= TZS 1,110,525

What’s new

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