It is a salaried Loan where Its target group is Teachers from Government schools.
It’s mostly for development purposes but can also be used to cater for short term needs such as school fees, personal development and any other need which is legal.
Features
Minimum Period 3 month
Maximum period 86 months based on the amounts and ability to pay
Maximum unsecured amounts of up to Tshs.30,000,000/=
Maximum secured amount is up to Tshs.70,000,000/=
Benefits
Longer repayment period, pay smaller amount monthly for Big amount of loan
Credit life insurance cover for customer to cover against death and permanent disability
