FlexiLoan

FlexiLoan is a trusted online loan application designed to serve all Tanzanian residents with personal credit options and installment repayment plans. This digital loan service offers secure, flexible, and transparent lending, protecting customer information at the highest level to ensure a safe borrowing experience.

Key Features

• Loan Amount: Available loan amounts range from 10,000 Tanzanian shillings to 1,000,000 Tanzanian shillings.
• Loan Term: Loan terms vary between 91 and 180 days.
• Annual Interest Rate: Interest rates range from 12% to 18% annually, depending on the borrower’s profile.
• Age Requirement: You must be 18 years or older to apply.

Loan Calculation Example

Here’s a sample calculation to illustrate how FlexiLoan’s installment repayment works:

Example:

• Principal: 10,000 Tanzanian shillings
• Loan Term: 90 days
• Annual Interest Rate: 12%

For a 90-day loan, the interest is calculated as follows: Total Interest=Principal×Annual Interest Rate×Loan Period365\text{Total Interest} = \frac{\text{Principal} \times \text{Annual Interest Rate} \times \text{Loan Period}}{365}Total Interest=365Principal×Annual Interest Rate×Loan Period​

• Total Interest: 10,000 TZS×12%/365×90=296 TZS10,000 \text{ TZS} \times 12\% / 365 \times 90 = 296 \text{ TZS}10,000 TZS×12%/365×90=296 TZS
• Total Repayment Amount: Principal+Total Interest=10,000 TZS+296 TZS=10,296 TZS\text{Principal} + \text{Total Interest} = 10,000 \text{ TZS} + 296 \text{ TZS} = 10,296 \text{ TZS}Principal+Total Interest=10,000 TZS+296 TZS=10,296 TZS

Monthly Repayment Breakdown:
For a 3-month repayment schedule:

• First Month: 3,432 Tanzanian shillings
• Second Month: 3,432 Tanzanian shillings
• Third Month: 3,432 Tanzanian shillings

Note: These figures serve as examples only. The final interest rate and installment amount may vary based on credit assessment.

Why Choose FlexiLoan?

• Leading Digital Credit Platform: Tailored for Tanzanian residents seeking emergency funding with ease.
• Free Application: No charges are applied throughout the application process.
• 100% Online Process: Apply using only your mobile device—no paperwork needed.
• Quick and Simple Process: Just a few steps to complete your application and receive funds.
• Secure Data Protection: Your information is protected 24/7 with the highest security standards in place.

How to Apply for a Loan with FlexiLoan

1. Download the FlexiLoan app on your mobile device.
2. Enter Your Details to submit a loan application.
3. Await Approval – a decision will be provided shortly.
4. Receive Your Funds – funds are disbursed promptly upon approval.

Loan Eligibility Criteria

To apply, you must:

1. Be at least 18 years old.
2. Have a stable monthly income or cash flow.
3. Provide personal identification for verification.

Privacy and Data Protection

FlexiLoan values your privacy. When you download the app, we may request permission to access certain mobile information to verify your identity and eligibility. Rest assured, FlexiLoan strictly adheres to data protection standards and will never share your information with third parties without your consent.

Contact Us

Email: secure@securecredittz.com
Customer Support Hours:

• Monday to Friday: 9:00 AM to 6:00 PM
• Saturday: 9:00 AM to 3:00 PM

Address:
Masama Kusini Chamwino, Tanzania