Nikopeshe

Features Nikopeshe

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, lets 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.
Thats 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 IDOur 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 IDTo get an easy and fast loan from Nikopeshe Microfinance follow these steps:1.
Register2.
Fill in the required information3.
Download the form4.
Return the form5.
Wait for approval of your requestFor further assistance or inquiries about our mortgage services from Nikopeshe Microfinance, do not hesitate to contact us via:[email protected]@nikopeshe.com