Nikopeshe

Contains ads
100K+
Downloads
Content rating
Everyone
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About this app

Nikopeshe allows you to get a quick loan of up to Tsh.1,000,000 in a short time with only a national Identification number.
Minimum and Maximum Repayment Period: Our loan terms offer flexibility, with repayment periods ranging from 3 to 12 months, allowing you to select a schedule that fits your financial situation.

Maximum Annual Percentage Rate (APR): To ensure transparency, we cap the maximum Annual Percentage Rate (APR) at 17.27%.

Example:
To illustrate the borrowing costs, let's consider a representative example.
If you borrow Tsh. 550,000 for 3 months, the interest charge at a 17.27% APR would be approximately Tsh. 24,643.
The total repayment amount would be approximately Tsh. 574,643. Understanding the true cost of borrowing is crucial to us. That's why we transparently calculate your Annual Percentage Rate (APR).
For instance, borrowing Tsh. 550,000 for 3 months results in an APR of approximately 17.27%. We believe in providing clear financial information to empower our users.


Why use Nikopeshe?
- Get a loan within a short period of time
- Get your loan directly through a mobile or bank payment method
- It is easy to get a loan, all you need is a national number or ID

Our Credit is in the following categories based on applicant criteria as follows:

- Tsh.5000 - Tsh. 250,000
- Tsh.250,000 - Tsh. 550,000
- Tsh. 550,000 - Tsh. 750,000
- Tsh. 750,000 - Tsh. 1,000,000


Parameters:
- Be a citizen of Tanzania
- Be 18 years or older
- Have a source of income
- Have a number or national ID

To get an easy and fast loan from Nikopeshe Microfinance follow these steps:

1. Register
2. Fill in the required information
3. Download the form
4. Return the form
5. Wait for approval of your request

For further assistance or inquiries about our mortgage services from Nikopeshe Microfinance, do not hesitate to contact us via:

msaada@nikopeshe.com
au
info@nikopeshe.com
Updated on
Jun 27, 2023

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.
This app may share these data types with third parties
App activity
This app may collect these data types
Personal info, Financial info and 3 others
Data is encrypted in transit
You can request that data be deleted

What's new

Fixed minor bugs