BongoPesa-Personal Online Loan 1.1.0

BongoPesa-Personal Online Loan 1.1.0

PataKash – Freeware – Android
Latest Version
1.1.0
Safe to install

BongoPesa: Your Easy Path to Personal Loans

David Fischer

BongoPesa offers a hassle-free online loan experience, making personal financing more accessible than ever before with competitive rates and quick approvals.
image/svg+xml 2025 Editor's Rating

BongoPesa is an online lending application in Tanzania that offers a range of loan products, delivering convenient, swift, and secure loan services via mobile devices.

  • Loan amount: TZS 10,000 to TZS 1,000,000
  • Loan term: 91-365 days
  • Annual interest rate: 8%-24%
  • Age requirement: 18 to 60 years

For example, consider an installment loan with a principal sum of TZS 10,000. With an APR of 12% over a 180-day repayment period, the total interest amounts to TZS 592. This leads to a total repayment sum of TZS 10,592.

Why Opt for BongoPesa:

  • No charges - a free service with transparent terms
  • Quick application processing
  • Instant cash withdrawals
  • Round-the-clock customer support
  • No need for extensive paperwork

Application Process:

  1. Download the BongoPesa app
  2. Register your account using your phone number
  3. Complete the required details and submit your loan request
  4. Your loan will be deposited directly into your account based on your chosen mobile network during registration

Eligibility Criteria:

  • You must be at least 18 years old to access our services
  • Citizenship or legal residency in Tanzania is mandatory
  • A mobile money account is required for fund transfers

Contact Information:

Overview

BongoPesa-Personal Online Loan is a Freeware software in the category Business developed by PataKash.

The latest version of BongoPesa-Personal Online Loan is 1.1.0, released on 03/30/2024. It was initially added to our database on 03/30/2024.

BongoPesa-Personal Online Loan runs on the following operating systems: Android.

BongoPesa-Personal Online Loan has not been rated by our users yet.

Pros

  • 1. Quick and easy access to personal loans.
  • 2. Convenient online application process.
  • 3. No collateral required for the loans.
  • 4. Flexible repayment options.
  • 5. Provides financial assistance in case of emergencies.

Cons

  • 1. Higher interest rates compared to traditional bank loans.
  • 2. Limited loan amounts available.
  • 3. Limited availability in certain regions.
  • 4. Potential for hidden fees or charges.

David Fischer

David Fischer

I am a technology writer for UpdateStar, covering software, security, and privacy as well as research and innovation in information security. I worked as an editor for German computer magazines for more than a decade before joining the UpdateStar team. With over a decade of editorial experience in the tech industry, I bring a wealth of knowledge and expertise to my current role at UpdateStar. At UpdateStar, I focus on the critical areas of software, security, and privacy, ensuring our readers stay informed about the latest developments and best practices.

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