[Mwalimu Personal Loan]
- 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.
- 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/=
- 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
- No Hassles to get loan