Introducing Sava Loan β Your Financial Partner
π’ 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?
π Easy, Fast, and Convenient: Get the funds you need in minutes.
π Loan Amounts: Borrow between Tsh 50,000 and Tsh 2,000,000.
π Hassle-Free Application: Simply download the Sava Loan App from Google Play, fill in your details, and you're good to go!
Key Features:
π No paperwork or office visits needed
π Loan approval within minutes
π Trusted and Reliable 24/7
π Transparent process with no hidden charges or fees
π Monthly interest rates ranging from 3% to 5%, equivalent to APR ranging from 36% to 60%
π Easy account registration and setup
π 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 β we believe in transparency!
Loan Example (Amount in TZS):
This illustration considers the loan amount given to be 200,000/=
βͺοΈ Loan amount: Tsh 200,000/=
βͺοΈ Loan monthly rate: 5% per month
βͺοΈ Management Fee:7.2% = This covers Application, Processing, Credit βͺοΈ reference Report and mobile transaction fees for disbursement and collection fee.
βͺοΈ Insurance: 0.6%
βͺοΈ Tenure: 4 months
βͺοΈ 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 β 60%
Eligibility Criteria:
βοΈ Must be a Sava Loan Registered User
βοΈ Must request the loan using the Sava Loan application
βοΈ Must fill in all the required information during the loan application process
βοΈ Loan must be reviewed by the Sava ambassador before the transaction is sent to your mobile number.
βοΈAnyone 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: -
βͺοΈFirst Name: As it appears on your official identification.
βͺοΈMiddle Name and Surname: Complete names as per your NIDA ID.
βͺοΈNIDA ID Information: Your National Identification Authority number (NIN) for verification.
βͺοΈProfile Photo: A recent photograph for identification purposes.
βͺοΈMobile Account Number: The mobile money account number where the loan amount will be disbursed.
βͺοΈFingerprint 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.
π€ Support:
For assistance, reach out to us at
π§ support@sava.co.tz
π² +255 672 600 151.
π Visit our website www.sava.co.tz.
π 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! πͺπΈ