Business Loan
Business Loan
We understand that access to capital is the heartbeat of every business. This Business Loan product is designed specifically to meet the financial needs of small and medium-sized enterprises (SMEs) owned by sole proprietors and those running partnership business individuals. These loans are tailored to support business growth, working capital requirements, asset purchases or other business-related expenses.
The loan amount is determined based on the business's financial health, creditworthiness, and repayment capacity. Tevi Microfinance will finance retail and whole sale shops (food, clothes, spare parts, drinks, pharmacy, building material, hardware, veterinary etc.); E-money agencies, restaurant (food vendors), really estate agencies etc.
Loan Characteristic Features
• Flexible repayment periods
• Financing up to TZS 40 million
• Repayment period up to 18 months
• Competitive interest rates.
Client Eligibility Criteria features
• Tanzanian citizen with age between 25 years and 75 years
• Customers with adequate business experience
• Operates registered business with full ownership
• Valid identification and proof of residence
• Pledged a collateral such as property with Title Deed
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Get started today and let Tevi Microfinance help you drive toward your dreams.
Whether personal or business, we finance your mobility with confidence.