MoLoCredit app analytics for January 4

MoLoCredit is Tanzania's go-to loan app, offering quick, reliable access to cash anytime. Easily apply for loans with fast approval and flexible repayment options. Whether for emergencies, business, or personal needs, MoLoCredit provides secure and hassle-free financial solutions. Download now and get the cash you need instantly! Product Features: - Loan Amount: up to TZS 990,000 - Loan Term: 91 days to 365 days - Service Fee: 5% - Maximum Annual Percentage Rate (APR): 25% Example: If the loan amount is TZS 990,000 and the APR is 16% per annum with a tenure of 365 days, and the service fee is 5%: - Daily interest rate = 16% / 365 = 0.044% - Interest for 365 days = TZS 990,000 * 0.044% * 365 = TZS 158,994 - Service fee = TZS 990,000 * 5% = TZS 49,500 You will receive TZS 990,000 and should repay TZS 1,198,494 (990,000 + 158,994 + 49,500). Eligibility Criteria: 1. Aged between 18-65 years old 2. A citizen of Tanzania 3. Regular source of income Contact Us: - Customer Service Email: help@molocredit.cc - Address: P.O. Box 12345, Kijitonyama, Dar es Salaam, Tanzania