Tajiri Loan App

[Cassey Tash]

Tajiri offers a small amount of loan to their customers from as low as Sh200 to Sh30,000 depending on individual's credit score, loan limit and listing with the CRBs.

These loans are offered at an interest rate of between 20% and to as high as 40% depending with the amount requested. The interest is also calculated depending with the loan repayment period.

Tariji loans repayment period range from 7 days, 14days, 21days and 28days.

An individual can choose whether to repay their loans with instalments or repay them at once.

Requirements to access Tajiri loans

• An android smartphone
• National Identification number
• A registered Safaricom number
• Internet access

How to get Tajiri App

• Go to google play store and search for Tajiri Loan App
• Select an item with Tajiri logo as shown in the picture above
• Click on install to allow the app to download.
• Once it has fully downloaded, click on open to access the app

Tajiri App will request an access your mobile data, phone number, contact list, text messages, location and photo, calendar, camera and phone identity. Once granted, you will give Tajiri Loan App permission to call and send you a text message.

Proceed to registration by filling in the provided mandatory spaces. This include;

• Your full names as they appear on National ID
• National ID number
• Date of Birth
• Phone number

A 4-digit confirmation code will be sent to the phone number that you have registered with, this allows the app to verify your information before granting you a loan.

How to get Tajiri loans

• Open the Tajiri loan app on your phone
• Click on get a loan
• Select the amount you'd like to borrow
• Select the loan period and click on submit
• If the loan is approved, you will receive a confirmation message from Mpesa and Tajiri
• If rejected you will receive a message of the same from Tajiri

Advantages of Tajiri loans

• Once approved, a customer receives loans to their phones within minutes of application
• No presentation of several document apart from ID card to be granted a loan
• No guarantor or collateral need to be granted a loan

Disadvantages of Tajiri loans

• Loans are offered at a high interest rate
• If a loan is defaulted, a customer may be listed on CRBs
• A lateness fee is added to the loan after the repayment days elapse
• An individual receives several calls as a reminder about an outstanding loan(s)

How to repay Tajiri Loans via MPesa

• Go to SIM tool kit on your phone
• Select Lipa Na Mpesa, the Paybill
• Enter Tajiri Paybill number - 784221
• Enter your phone number as account number
• Enter your mobile money PIN number and submit