Varlend delivers a fully protected lending experience in Tanzania, employing advanced security measures to safeguard your personal data and transactions. We are committed to providing transparent, responsible financial solutions that prioritize your peace of mind. Experience a trustworthy partner dedicated to helping you achieve your goals.

Product Features:
- Loan Amount: up to Tsh 1,000,000
- Loan Term: 91 to 360 days
- Maximum Annual Interest Rate (APR): 10%
- Service Fee: 6%

Example Calculation:
For a loan of Tsh 1,000,000 with 10% APR over 360 days and a 6% service fee:
- Daily interest rate = 10% / 365 ≈ 0.027%
- Interest = Tsh 1,000,000 × 0.027% × 360 = Tsh 97,200
- Service fee = Tsh 1,000,000 × 6% = Tsh 60,000
- Total repayment = Tsh 1,000,000 + Tsh 97,200 + Tsh 60,000 = Tsh 1,157,200

You will receive Tsh 1,000,000 and are expected to repay Tsh 1,157,200.

Eligibility Criteria:
1. Tanzanian citizen aged 18-60 years
2. Possess a valid national ID
3. Have a regular source of income

Security:
We implement robust 256-bit SSL encryption to secure all transactions. Your personal information remains fully protected within our systems and is never shared with unauthorized third parties.

Contact Us:
- Customer Service: [email protected]
- Office Address: Sokoine Drive, Ilala, Dar es Salaam, Tanzania