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Employment Loan

Is a salary-based loan designed for employees whose employers have not entered into an agreement with Serene Microfinance Ltd, allowing them to borrow funds for personal use

Eligibility Criteria

Product Features

Loan Exposure TZS 500,000 - 20,000,0000
Tenure Minimum 1 Month & Maximum up to 12 for loans above 3 M
Loan maturity should be 2 months before the end of employment contract
Grace Period No