Sokoni Loan

Boost Your Business with Sokoni Loan

Designed to cater to the needs of micro and small entrepreneurs or merchants operating within specific marketplaces.

Quick loan access

With quick access to small amounts of credit, you can now grow your business without the usual hassles of traditional loan processes.

  • Group Size
    Your group should consist of at least 5 members.

  • Business Experience
    Group members must have experience in the Sokoni business.

  • Loan Amount
    Your group can borrow up to Tshs/= 1,000,000 for both individual and group loans.

  • Loan Duration
    The loan repayment period ranges from 3 to 6 months.

  • Monthly Repayments
    The loan is repayable in small, manageable bi-weekly or monthly installments.

  • Affordable Interest Rate
    The loan comes with a favorable interest rate.

Inclusive Financing

Perfect for micro-entrepreneurs or merchants who are often excluded from other loan options.

  • Group Unity
    Members should have a union and know each other well for at least 6 months.

  • Good credit history

  • Tanzanian Citizen

  • Business experience
    Group members must have experience in the Sokoni business.

  • Guarantor
    Group members should be able to guarantee each other.

Apply for a Loan

Applying for a loan with us is a straightforward and convenient process.

  • 1

    Apply Online
    Fill in our easy online application form.

  • 2

    Receive a Call
    Our operator will call you in less than 24 hours and double check details with you.

  • 3

    Branch Visit
    Visit a branch for loan processing and account opening.

  • 4
    Disbursement
    Get the funds in your account within 5 working days if all conditions fulfilled.

Start your application

Applying for a loan with us is a straightforward and convenient process


Frequently Asked Questions

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