Pocket Mkopo - Cash Shilling 1.0.5

Pocket Mkopo Review

Pocket Mkopo is a credit loan platform that offers unsecured loans, providing borrowers with flexible financial solutions in times of urgent need. With a credit limit of up to TZS 2,000,000, it offers an attractive option for those who may not have collateral.

No Collateral Required: One of the standout features of Pocket Mkopo is that borrowers are not required to provide any collateral, making it accessible for a wider range of users.

Simplicity in Application: The application process is entirely online, characterized by easy data entry and a straightforward procedure, which can be advantageous for users seeking efficiency.

Convenient Payment Options: Borrowers can pay directly through their virtual accounts, streamlining the repayment process and enhancing user convenience.

Security and Confidentiality: Pocket Mkopo emphasizes the protection of user data, ensuring that all personal information remains confidential and is not shared with third parties without consent.

Loan Product Details:

• Loan Amount: TZS 10,000 – TZS 2,000,000
• Loan Term: Minimum 91 days, Maximum 365 days
• Annual Interest Rate: Up to 24% (APR)
• Daily Interest Rate: Approximately 0.0658%
• Service Fee: 0% (no additional fees)

For example, if a user requests a loan of TZS 20,000 with an annual interest rate of 24% over a term of 120 days, the total repayment amount would be TZS 21,578, factoring in the interest calculated over the loan period without any extra charges. This translates to a monthly payment of approximately TZS 5,394.52.

High-Quality Customer Service: Pocket Mkopo is committed to providing quality customer support. Should users encounter any issues, assistance is readily available.

Loan Application Process:

1. Download the Pocket Mkopo application.
2. Complete your personal information.
3. Await review of your application.
4. The funds will be transferred to your account promptly upon approval.

Loan Eligibility Requirements:

• Tanzanian Citizenship
• Aged between 18-55 years with a valid ID
• An active phone number

Contact Information:

Customer Service Hours: Monday – Friday, 09:00 - 17:00

Email: [email protected]

Address: Dar Es Salaam Region, Ilala District CBD, Kivukoni Ward, Ohio Street, Samora Avenue Road, Plot No. 1, Block No. A, House No. 7