MSANII LOAN
This is a credit facility designed to finance Artists. The facility is meant to support working equipment needs and serves as a bridging finance Msanii loan, for that matter has three sub – products which aims at and Serves two purposes. These are pesa loans, working equipments (vifaa) And rent (Pango)
Pesa Loans
Objective
This is a quick personal financing loan for supporting short term needs such as utilities payments i.e. electricity, waters bills, transport fare and emergencies like medical bills.
Target Customers
All Artists and craftsmen from low to high levels throughout the country.
Loan Amounts
The loan amounts range between Tsh.30, 000 – 5,000,000 and keep on increasing as the member repay and take loans timely.
Duration of the Loan
The loan is designed to be repaid within one month i.e. after Every ten days.
Pango Loan
Objective
This is a personal financing loan for supporting rent needs aiming at improving
artist production environment by lending them rent so that they can have quality
working environment.
Target Customers
All Artists from low to high levels throughout the country Loan Amounts The loan amounts starts from 400,000 and keep on increasing as the member repay and take loans timely.
Duration of the Loan
The loan is designed to be repaid starting from six months, Depending on the amount loaned
Vifaa loans
Objective
This is a personal financing loan for supporting long term needs aiming at improving artist production by lending working tools or equipments.
Target Customers
All Artists from low to high levels throughout the country Loan Amounts The loan amounts starts from 300,000 and keep on increasing as the member repay and take loans timely.
Duration of the Loan
The loan is designed to be repaid starting from two months, Depending on the amount loaned