Mobile Money Loans in Tanzania

Compare instant loans from M-Pesa, Tigo Pesa, and Airtel Money. Get cash directly to your mobile wallet in minutes.

Faidika Loan

CRDB Bank

CRDB Faidika is a mobile banking platform offering instant loans to CRDB customers based on their transaction history.

CRDB account integrationHigher limits for loyal customersAutomatic repayment

Loan Amount

TSh 50,000 - TSh 2,000,000

Interest Rate

3.5% per month

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HalloPesa Loan

HalloPesa

HalloPesa offers instant mobile loans to Tanzanians through their smartphone app. Get quick access to credit with flexible repayment terms.

No collateral requiredInstant approvalRepay anytime

Loan Amount

TSh 10,000 - TSh 500,000

Interest Rate

4% facility fee

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HaloPesa Loan

Halotel

No collateral requiredInstant disbursementAvailable 24/7

Loan Amount

TSh 5,000 - TSh 300,000

Interest Rate

4% per month

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Songesha Loan

Vodacom M-Pesa

Builds on M-Pawa usageHigher limits availableInstant approval

Loan Amount

TSh 1,000 - TSh 1,000,000

Interest Rate

9% facility fee

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Sava Loan

BOT licensed digital lenderNo paperwork or office visitsApproval within minutes

Loan Amount

TSh 50,000 - TSh 2,000,000

Interest Rate

3-5% monthly (36-60% APR)

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Tigo Nivushe

Tigo Pesa

Tigo Nivushe is a popular nano-loan service offering instant loans from TZS 10,000 with no collateral. Regulated by Bank of Tanzania with a maximum 4% monthly interest rate.

No collateral requiredInstant disbursement to Tigo Pesa24/7 availability

Loan Amount

TSh 10,000 - TSh 500,000

Interest Rate

4% per month (BOT regulated)

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M-Pawa

Vodacom M-Pesa

M-Pawa is Tanzania's largest mobile money loan service, combining savings and loans through M-Pesa in partnership with NCBA Bank. Save to earn interest and unlock higher loan limits.

Savings and loans combinedEarn interest on savingsLoan limit grows with savings

Loan Amount

TSh 1,000 - TSh 5,000,000

Interest Rate

9% facility fee on loan amount

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PesaX Pro Loan

PesaX Pro

100% online applicationNo collateral requiredNo supporting documents needed

Loan Amount

TSh 10,000 - TSh 1,200,000

Interest Rate

12-26% APR

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Tala Tanzania Loan

Tala

Global fintech brandBuild credit with each repaymentIncrease limits over time

Loan Amount

TSh 10,000 - TSh 500,000

Interest Rate

5-15% service fee

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Timiza

Airtel Money

Timiza is Airtel Money's instant loan service powered by JUMO's AI credit scoring, offering fast loans from TZS 5,000 to TZS 1,000,000 at BOT-regulated rates.

JUMO AI credit scoringInstant approvalNo collateral

Loan Amount

TSh 5,000 - TSh 1,000,000

Interest Rate

4% per month (BOT regulated)

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Branch Loan Tanzania

Branch

Branch is a leading digital lender offering instant personal loans via mobile app. Apply in minutes, get approved in seconds, and receive funds directly to M-Pesa or Tigo Pesa.

100% digital processNo paperworkMachine learning credit scoring

Loan Amount

TSh 8,483 - TSh 1,696,730

Interest Rate

20-211% APR depending on risk profile

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OnePesa Loan

OnePesa

No hidden fees24/7 customer supportNo paperwork

Loan Amount

TSh 10,000 - TSh 100,000

Interest Rate

0.11% daily (~170% APR)

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Kasi Mkopo

AI-powered credit scoringNo paperwork requiredInstant funding

Loan Amount

TSh 10,000 - TSh 500,000

Interest Rate

Variable rates

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Tigo Bustisha (Overdraft)

Tigo Pesa

Instant overdraft for transactionsUse when wallet is emptyAutomatic qualification based on usage

Loan Amount

TSh 1,000 - TSh 50,000

Interest Rate

10% service fee

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About Mobile Money Loans in Tanzania

Mobile money loans in Tanzania provide instant access to credit through your phone. Services like Tigo Nivushe, M-Pawa, and Timiza allow you to borrow money directly to your mobile wallet without visiting a bank.

How It Works

Dial the USSD code for your mobile money provider
Select the loan option (e.g., "Mikopo" or "Loans")
Choose your loan amount
Confirm with your PIN
Receive funds instantly to your mobile wallet

Interest Rate Regulation

The Bank of Tanzania (BOT) has set a maximum interest rate of 4% per month for digital and mobile money loans, helping protect consumers from excessive charges.