What is Tala Tanzania Apk Download

Tala is the best way to secure your financial future! You can get a loan whenever you want it.

Why do we do it in the first place?

We require access to financial systems, including credit and all of the benefits that comes with it. People require choices inside those systems so that they can do what they want, need, and should with their money. Finally, we want more individuals around the world to be in charge of their own finances, to be active participants in their own financial life, whether budgeting, saving, investing, or learning.

So! What is the mechanism behind it?

You can apply for a loan in as little as 5 minutes after creating a Tala account.

You’ll get feedback on your loan application in seconds.

Your Tigo Pesa or M-PESA account will be automatically credited.

Borrow and repay on time to have access to higher sums.

When you download the Tala app, we will ask to read your SMS and other data to check your identity and financial situation in order to provide you with a rapid loan anywhere in Tanzania. We value your privacy and will never share your information without your consent.

Terms and Conditions: Tala charges 14-20%* of the principal in service costs. The repayment schedules for Tala loans vary, but the maximum repayment time is 21 or 30 days after issuance. Late fees are 10% of the outstanding balance. Additional terms and conditions apply.

Example: a 30-day loan with a 20% service cost (on-time repayment)

TSH 100,000 is the principal sum.

TSH 20,000 as a service fee

12,000 people in total TSH APR is effective to the tune of 243 percent. You will never be charged more than your service cost by Tala (plus if you do not repay on time, a default fee). There are no interest costs, either compounded or accrued.

Apk NameTala Tanzania Apk Download
Size10.5 MB
DeveloperTala Mobile
Requires Android5.5 and up

What’s New:

  • Recently updated
  • Added additional knowledge
  • Virus and malware-free
  • Available latest & old Versions