NzuriCash-Quick Loan 1.0.2

The NzuriCash platform offers a financial solution tailored to the needs of users in Tanzania seeking short-term funding options. As a credit provider, NzuriCash aims to facilitate quick, convenient, and flexible borrowing experiences for individuals facing urgent financial requirements.

Key features of the product include high-value loans of up to TZS800,000, with repayment periods ranging from 91 to 180 days. The maximum annual percentage rate (APR) is 26%, which corresponds to a monthly interest rate of approximately 2%.

For example, a borrower opting for the maximum loan amount of TZS800,000 over a 91-day term at an annual interest rate of 26% would incur interest fees of approximately TZS50,960. The total repayment amount would then be TZS850,960, broken down into monthly payments of around TZS283,653.

The application process is straightforward: users are instructed to download the "NzuriCash" app from the Google Play Store, register with their mobile number or email address, and complete the necessary personal and loan information. Following submission, applications are typically processed promptly, and approved funds are transferred directly into the applicant's bank account.

Eligibility criteria include being a Tanzanian citizen aged 18 or older.

For further assistance or inquiries, contact can be made via email at [email protected]. The office is located at 50 Msasani Road, next to the Rwanda Embassy in Dar es Salaam.