OnePesa app analytics for March 23

OnePesa is an online lending APP in Tanzania that offers flexible loan products. OnePesa provides access to personal loans through our easy and secure online application process. With no credit guarantees, the users can get cash loan at the competitive rate without any hidden fees. Loan Term: 91-180 days Interest: 0.11% per day Maximum Service Fee: 32% Maximum Total Cost: 43% Maximum Annual Percentage Rate (APR): 170% Late Payment Penalty: Outstanding principal for the current installment*3.5% per day, after a delay of more than 90 days or when the accumulated late payment penalty reaches 50% of the remaining principal, no further late payment penalty will be applied Example: An applicant who gets a loan with the principal of TZS 100,000, 91-day loan payment term The total interest should be TZS 100,000*0.11%*91=10,010 The total service fee should be TZS 100,000*32%=32,000 The total repayment amount is TZS 100,000(principal amount)+TZS 10,010(total interest)+TZS 32,000(total service fee)=TZS 142,010 Each day late payment penalty: Not exceeding TZS 3,500 per day Eligibility Requirements for OnePesa Loan You should be minimum of 18 years or older to use our service. You must be a Tanzanian citizen or legal resident. You need a mobile money account for the fund to be deposited. Why choose OnePesa Free to use, no hidden fees Efficient application review Same-day access to cash 24/7 support No paperwork required How OnePesa works? Download the app and easily fill out our online application. Get your loan approved and the loan directly sent to your mobile account. Repay with your mobile account. Privacy: Your personal information will be highly secured. We will never share your information with any third parties without your permission. Contact Us： Email: info@onepesa.co Address: 6697+99W, Sam Nujoma road, Dar es Salaam, Tanzania