1.1.0 Safe to install
BongoPesa: Your Easy Path to Personal Loans
BongoPesa offers a hassle-free online loan experience, making personal financing more accessible than ever before with competitive rates and quick approvals.
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:
- Download the BongoPesa app
- Register your account using your phone number
- Complete the required details and submit your loan request
- 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:
- Email: [email protected]
- Address: Find us at Dar Es Salaam, Tanzania.
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
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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