As a business owner, it is frustrating not to have working capital to expand or exploit business opportunities. This is where a Biashara Loan can help. It's a great way to access the funds you need to expand without locking up cash or waiting until you can finance it yourself. A Biashara Loan will provide you with additional working capital that will enable you to realize the true potential of your business ideas.

A Biashara Loan is designed to boost the growth of a running business by increasing working capital, hiring additional staff, expanding a facility, or purchasing new equipment. It is intended that the debt will lead to an increase in profit.

i. Eligibility Criteria feature

• Tanzanian citizens between the age of 20 years and 65 years.
• Valid Business License.
• Should have sufficient income to repay the loan.
• Registered Business with full business ownership & Tax Clearance.
• Should be the residence of either Dar es Salaam or Mwanza.

ii. Loan Characteristics feature

• Business must be operating.
• Financing up to TZS 150,000,000.
• Repayment of up to 36 months.
• Competitive interest rates.
• Get financed within 72 hours of submission.