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 Customersk
All Artists and craftsmen from low to high levels throughout the country.
Loan Amounts
The loan amounts range between 30, 000 – 5,000,000Tshs 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
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 from two months and above
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
- One
- Two