10K+
Downloads
Content rating
Everyone
Screenshot image
Screenshot image
Screenshot image
Screenshot image

About this app

Introducing Sava Loan – Your Financial Partner
πŸ“’ Are you a working professional or a small business owner in Tanzania? Sava Loan is here to empower you!

Sava Loan is your go-to instant loan app designed for hardworking individuals and small businesses. With Sava, you can access non-collateral loans instantly, right into your mobile money account. Whether you're a salaried professional or a SME business looking to scale, Sava is your trusted financial solution.

Why Choose Sava Loan?
πŸ‘ Easy, Fast, and Convenient: Get the funds you need in minutes.
πŸ‘ Loan Amounts: Borrow between Tsh 50,000 and Tsh 2,000,000.
πŸ‘ Hassle-Free Application: Simply download the Sava Loan App from Google Play, fill in your details, and you're good to go!

Key Features:
πŸ“Œ No paperwork or office visits needed
πŸ“Œ Loan approval within minutes
πŸ“Œ Trusted and Reliable 24/7
πŸ“Œ Transparent process with no hidden charges or fees
πŸ“Œ Monthly interest rates ranging from 3% to 5%, equivalent to APR ranging from 36% to 60%
πŸ“Œ Easy account registration and setup
πŸ“Œ Loan Terms: 2 months to 12 months

Depending on your loan amount and account category, you can have access to a repayment period of up to 12 months. Rest assured, there are no hidden transaction fees – we believe in transparency!

Loan Example (Amount in TZS):
This illustration considers the loan amount given to be 200,000/=
β–ͺ️ Loan amount: Tsh 200,000/=
β–ͺ️ Loan monthly rate: 5% per month
β–ͺ️ Management Fee:7.2% = This covers Application, Processing, Credit β–ͺ️ reference Report and mobile transaction fees for disbursement and collection fee.
β–ͺ️ Insurance: 0.6%
β–ͺ️ Tenure: 4 months
β–ͺ️ Repayment Schedule: approximation to nearest 1,000/=
------->First Month Installment = 56,000/=
------->Second Month Installment = 56,000/=
------->Third Month Installment = 56,000/=
------->Second Month Installment = 56,000/=
Total Loan Repayment Amount: Tsh. 224,000/=
APR – 60%


Eligibility Criteria:
βœ”οΈ Must be a Sava Loan Registered User
βœ”οΈ Must request the loan using the Sava Loan application
βœ”οΈ Must fill in all the required information during the loan application process
βœ”οΈ Loan must be reviewed by the Sava ambassador before the transaction is sent to your mobile number.
βœ”οΈAnyone aged 18 years and above, with a mobile money account and a NIDA registration number, is eligible for an instant loan through our application.

Your data is secure, and your privacy is our priority. For in detail Sava-tech privacy
policy follow the Link
https://sava.co.tz/privacy-policy/

Information Required:
Sava boasts a seamless and rapid verification process, making it one of the best online loan apps in Tanzania. To access instant personal loans, provide the following details: -
β–ͺ️First Name: As it appears on your official identification.
β–ͺ️Middle Name and Surname: Complete names as per your NIDA ID.
β–ͺ️NIDA ID Information: Your National Identification Authority number (NIN) for verification.
β–ͺ️Profile Photo: A recent photograph for identification purposes.
β–ͺ️Mobile Account Number: The mobile money account number where the loan amount will be disbursed.
β–ͺ️Fingerprint Verification: Biometric verification to ensure the security and authenticity of the application.

The entire process is 100% online and secure. Our dedicated support team is available round-the-clock to address any queries or concerns you may have.

🀝 Support:
For assistance, reach out to us at
πŸ“§ support@sava.co.tz
πŸ“² +255 672 600 151.
🌍 Visit our website www.sava.co.tz.
πŸ“ Find us at
Mikocheni B,
Mlalakuwa/Coca Cola Road,
Asia Street, Auditax House 1st Floor,
P.O Box 1286,
Dar es Salaam, Tanzania.

Experience financial freedom with Sava Loan today! πŸ’ͺπŸ’Έ
Updated on
Dec 10, 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.
This app may share these data types with third parties
App activity, App info and performance, and Device or other IDs
This app may collect these data types
Personal info and Photos and videos
Data is encrypted in transit
You can request that data be deleted

What’s new

Update lending functionality and improve user experience

App support

About the developer
SAVA-TECH FINANCIAL SERVICES LIMITED
info@sava.co.tz
Auditax House Mikocheni B, Plot 47, Asia Street Dar es Salaam Tanzania
+255 672 600 151

Similar apps