A loan which is designed to cater individuals who are in need of emergency funds to resolve immediate matters. The borrower will be granted this particular loan not more than 24 hours subject to review and approval or disapproval

• One current passport size (Blue Background) of Borrower;
• Borrower must have an official recognition letter from the local government office where he/she resides;
• Business location, TIN number, Certificate of incorporation, Business License and Tax Clearance are mandatory;
• Collateral is mandatory;
• Repayment period is between 3 - 12 Months;
• Applicant must be at least 18 years old or above;
• National Identity card (NIDA) for Borrower;
• An individual can access a Personal Loan of between TZS 100,000.00 and TZS 5,000,000.00;
• Clients will be charged by SML an interest rate of 3.5% by applying reduced balance methodology;
• Loan process is within 48 hours during working days.