Nivushe Loan

NIVUSHE LOAN

This is a salary advance facility designed to finance Employees from private companies, NGO’s & Public Listed Companies. The facility is meant to support  their day to day needs and serves as a bridging finance.

Objective

This is a personal advance to assist short term needs such as utilities payments electricity, waters bills, transport fare and emergencies such as medical bills.

Target Customers

All Employees from private Companies throughout the country

Loan Amounts

The advance amounts starts from Tsh.50,000/= to 500,000/= or above depending on employee salary and the employer approval to adjust the loan ceiling.

Duration of the Loan

The loan is designed to be repaid within 10 days after the last date of the loaned month.