Small and Medium sized enterprises (SMEs) are the drivers of the Tanzanian economy. This is because more and more people are interested in being financially independent, as well as being their own boss. The section of the economy with SMEs elevates the economy of the whole country.
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Small scale loans taking tanzania economy to next level
1. Small Scale Loans – Taking Tanzania’s economy to the next level
A small scale loan is a unique and game changing product that has been introduced recently into
the financial industry. The loan amount is small and very less documentation is required from
the customer’s side. Being unsecured loans, there is no need to mortgage any collateral
security. Features like instant availability and easy to repay have made these loans very popular
among customers, in a short span of time. In less than a few years, it has developed its roots
even in African countries like Tanzania.
L-Pesa is a well known financial services company which provides micro loans for mobile
banking customers. You just need to fill a simple micro loan application available on our web
page. Once the registration for M-Pesa account is confirmed you have all kinds of access to your
account. Initially you are eligible for a $5 loan that keeps on incrementing with time as per your
credibility. L-Pesa ensures that it's client can access their accounts anywhere in the world right
on their mobile phone. The two major financial solutions being provided by us are M-Pesa and
Micro Loans. Our vision is to enter all African and Asian countries and introduce everyone to our
financial solutions.
How to get a micro loan from L-Pesa using mobile banking in Tanzania?
Following are the steps you need to follow-
• Send an SMS with the number 222.
2. • You will receive an SMS from L-pesa for loan deposit in your M-pesa account.
• Now you can utilize the loan amount the way you want.
How to get a more cash from L-Pesa using mobile banking in Tanzania?
Once you can received your first loan from L-pesa and paid back in time, you are eligible to avail another
micro loan of higher amount. For example initially you got a loan of $5 and paid it back to L-pesa in time,
then now you can avail a loan of $10 from L-pesa. Follow these steps to avail the micro loan from L-pesa
once again-
• Pay back the previous loan in time.
• Send an SMS with the number 222, once again.
• You will receive an SMS from L-pesa for loan deposit in your M-pesa account.
Micro loans allow you to begin your business without fear of incurring massive debt,
losing precious assets or having loan installments that are a challenge to pay back.
In Case any queries please visit us at : http://www.l-pesa.com/