Business loan
Working capital and growth support for eligible small businesses.
Finance for different stages
of life and business.
Explore Skaicom’s available and upcoming microfinance products. Salary-backed lending is available now, while four additional products are being developed.
View the available productAVAILABLE NOW
Salary-Backed Loan
Skaicom partners with employers through an MOU. Eligible employees apply individually, while approved monthly repayments are remitted by the employer through payroll.
Loan amountTZS 100,000–10,000,000
Repayment term3–12 months
Interest rate3.5% per monthReducing balance
Processing fee2.5%Deducted on disbursement
CollateralNot required
RepaymentEmployer payroll
Late payments: a three-day grace period applies. Any late-payment charge will be governed by the signed loan agreement and applicable requirements.
INTERACTIVE TOOL
Repayment calculator
Adjust the amount, term and monthly rate to understand an illustrative salary-backed loan repayment.
The current standard rate is 3.5% per month on a reducing balance. The adjustable rate is for comparison; the signed loan agreement controls.
SALARY-LOAN ELIGIBILITY
Check the essentials before you apply.
Meeting these conditions allows an application to be considered but does not guarantee approval. Full KYC and credit assessment remain required.
Review the application guideCurrent requirements
- Age between 18 and 59 years
- Minimum monthly income of TZS 350,000
- At least 12 months of employment
- Employer has an active MOU with Skaicom
- Valid employee ID and NIDA verification
- Full KYC completed through the application portal
- Any previous loan repaid successfully
- No adverse Credit Reference Bureau listing
IN DEVELOPMENT
More ways to finance what matters.
These products are planned but are not yet available. Product terms and launch dates will be announced after approval.
Personal loan
Flexible finance for eligible personal needs and planned expenses.
Student loan
Education-focused support with terms to be announced.
Vehicle loan
Structured vehicle financing currently under development.