Whether you are faced with unpaid bills, tight living expenses, have shopping plans, or aspire to further your education for self-improvement, the PesaHaraka online lending app can provide you with convenient financial support to help you easily address various financial issues.
I. Core Product Information
PesaHaraka is dedicated to offering users flexible and transparent lending services. The specific product details are as follows:
- Loan Amount: Covers a range from 100,000 to 3,000,000, which can be flexibly chosen based on your actual financial needs.
- Loan Term: Provides term options from 91 days to 180 days, enabling you to reasonably arrange the repayment cycle according to your own repayment ability.
- Maximum annual interest rate: The annual percentage rate (APR) ranges from 25% to 36%. The interest rate is transparent with no hidden fees.
II. Loan Cost Example
To help you understand the loan cost more clearly, we use a specific case for illustration (including all relevant fees):
If you apply for a loan with a term of 180 days, an annualized interest rate of 25%, and a principal of 100,000:
- Daily Interest Rate Calculation: 25% / 365 = 0.068%
- Total Interest Calculation: 100,000 × 0.068% × 180 = 12,329
- Total Repayment Amount: 100,000 (principal) + 12,329 (total interest) = 112,329
III. Application Requirements
You can apply for PesaHaraka's loan service as long as you meet the following simple requirements:
1. A citizen holding a valid ID card of Tanzania;
2. Aged 18 years or above;
3. Having a usable mobile phone number;
4. Having a stable source of income to ensure the ability to repay on time.
IV. Application Process
PesaHaraka is fully operated online, and the application process is simple and convenient, which can be completed in just 4 steps:
1. Account Registration: Complete the registration using your mobile phone number to quickly start the application process;
2. Information Filling: Fill in your personal relevant information accurately as prompted to ensure the information is true and valid;
3. Selection and Submission: Select a suitable loan product according to your own needs, carefully check the information, and submit the application after confirming it is correct;
4. Funds Crediting: After the application is approved, the loan funds will be quickly disbursed to your designated account to meet your financial needs.
V. Information Security Assurance
The security of your data is our top priority. PesaHaraka strictly adheres to data security standards and will only upload and store your relevant data to our dedicated servers with your explicit permission. For detailed rules on data collection, storage, and sharing, you can refer to our privacy policy to fully understand the details of information processing.
VI. Contact us
PesaHaraka currently operates its business in Tanzania. If you have any questions, suggestions, or needs during use, please feel free to contact us through the following method:
- Email Address: [email protected]