Frequently Asked Questions
Find clear answers regarding loan eligibility, turnaround times, repayment structures, and digital application processes.
General Loan Inquiries
What types of loan facilities does Nasi Finance offer?
Nasi Finance is a licensed non-bank credit provider offering: (1) School Infrastructure & Fee Bridging Loans, (2) SME & Merchant Working Capital Credit, (3) Asset & Digital Technology Leasing, and (4) Personal & Educator Loans.
How fast are loans approved and disbursed?
Once your documentation is complete, our automated credit underwriting engine performs risk appraisal within 2 to 4 hours. Once the loan agreement is signed, funds are disbursed within 24 hours via bank transfer or direct mobile money (M-Pesa, Airtel Money, Tigo Pesa).
Are there any hidden appraisal charges or penalties?
No. Nasi Finance operates under 100% transparency. Our interest rates, processing fees, and insurance cover are disclosed upfront in the loan schedule before you sign. We do not charge early repayment penalties.
School Infrastructure & Education Loans
How does termly repayment synchronization work for schools?
Schools collect fees at the beginning of each academic term (January, May, September). We structure repayment milestones around these fee intake dates, so schools do not struggle with monthly cash outlays during holiday periods.
What documents are required for school facility approval?
Requirements include: (1) Registration certificate from the Ministry of Education, (2) Board or School Management Committee resolution approving borrowing, (3) Last 6 months bank/fee collection statements, and (4) Contractor or procurement quotation if financing construction.
SME & Asset Equipment Financing
What is the maximum borrowing limit for small businesses?
SME Working Capital loans range from TZS 500,000 up to TZS 50,000,000 depending on verifiable transaction history, turnover, and collateral or guarantor arrangements.
How does lease-to-own equipment financing work?
Nasi Finance purchases the requested hardware, solar panels, or school vehicles directly from verified marketplace vendors. You make an affordable initial down payment (10-20%) and repay the balance over 6 to 36 months, after which full ownership transfers to your institution.
Still Have Questions?
Our relationship officers are ready to guide you through loan structures and requirements.