This type of loan is for a small business start-up or is used for expanding an existing business.

Loan ceiling (1st loan)

TZS 1,000,000 – 7,000,000

Follow-on loan

Up to TZS 1,000,000

Insurance / loan processing fees


No. of instalments


Loan duration / period

06/08/10/12 months

Processing time for 1st loan

1 - 2 weeks

Grace period

7 days

Age limit

18 – 55

Maximum loan limit

No yet fixed

Collateral requirement

Not required