Affordable credit, built around your life
Four purpose-designed loans with member-friendly rates and a fast, transparent process. Estimate your repayment below, then apply in minutes.
Loan Calculator
Estimate your indicative monthly repayment.
Indicative monthly repayment
TZS 155,000
- Interest rate
- 12% p.a. (flat)
- Total interest
- TZS 720,000
- Total repayable
- TZS 3,720,000
Figures are indicative and for illustration only. Final terms are confirmed on application.
Borrowing with HIFADHI
We believe in responsible borrowing and the prudent use of credit. Every loan is granted under our Loan Policy and Bylaws, with fairness, transparency, and sustainability.
General requirements
- Be a member in good standing who has met all shareholding and savings obligations
- New members become eligible three months after joining and being accepted
- Borrow up to three times the value of your savings, or use your salary as guarantee
- Collateral may include property, land, vehicles, shares, deposits, or savings
- A minimum of two members usually act as guarantors
- Repay conveniently through payroll deduction or a standing order
How to apply
- 01
Obtain and fill the official Loan Application Form from our office
- 02
Submit it with your Savings Book to the Loan Officer
- 03
The Loan Committee reviews your eligibility, capacity, and collateral
- 04
Once approved, funds are disbursed by bank transfer, mobile network, or cheque
Fair, competitive rates
Interest rates are set by the General Meeting and designed to be affordable and competitive.
Responsible use
The Society may monitor the use of your loan to ensure it serves its intended purpose.
Your right to appeal
Unhappy with a Loan Committee decision? Appeal to the Board of Directors, whose decision is final.
Community Development Loan
Funds projects that benefit the wider community, typically initiated by groups of members: clean water and sanitation, infrastructure such as roads or community buildings, educational initiatives such as schools or scholarships, and other community-centric development that aligns with the Society's values.
12% p.a.
12–48 months
TZS 30,000,000
Build a better
Eligibility
- Open to groups of members or aligned projects
- Project aligned with the Society's common bond and values
- Assessed on viability, sustainability, and social impact
- Terms and collateral matched to the project's scale and nature
Required documents
- Detailed project proposal (objectives, budget, timeline)
- Expected community benefits and impact
- Completed loan application form
- Guarantor forms where applicable
Application process
- 01
Submit a detailed project proposal with the application form
- 02
Proposal reviewed for viability and social impact
- 03
Team works with you to structure feasible, fair terms
- 04
Approval and disbursement to fund the project
Education Loan
Dedicated to direct educational expenses: school fees for primary, secondary, or tertiary education, tuition for colleges and universities, the purchase of school supplies, books, and equipment, and vocational training costs, for members and their children.
11% p.a.
6–24 months
TZS 12,000,000
Investing in knowledge
Eligibility
- Dedicated exclusively to direct educational expenses
- Repayment terms often aligned with the academic calendar
- Documentation of the institution and fees required
- Guarantor who is a member in good standing
Required documents
- Completed loan application form
- Admission letter or fee structure
- Invoice from the educational institution
- Copy of national ID
- Guarantor forms
Application process
- 01
Submit the application with supporting documents
- 02
Application reviewed by the loan committee
- 03
Financing structured to ease the family's burden
- 04
Disbursement, often directly to the institution
Emergency Loan
Designed for genuine emergencies: medical situations requiring immediate treatment or hospitalization, unexpected funeral expenses, or critical repairs to your home or vehicle. It is not intended for planned expenses or non-urgent needs.
14% p.a.
3–12 months
TZS 5,000,000
Financial relief when
Eligibility
- Processed with priority for the fastest possible turnaround
- Streamlined application to reduce waiting times
- Flexible collateral: savings, salary, or approved guarantors
- Manageable repayment terms suited to the situation
Required documents
- Completed application form stating the emergency
- Copy of national ID
- Supporting documents for the emergency
Application process
- 01
Contact the Loan Officer immediately and explain the emergency
- 02
Submit the filled application with supporting documents
- 03
Our team assesses your application quickly
- 04
Funds released as fast as possible
Health & Medical Loan
Covers a wide range of medical and health-related expenses: hospitalization and surgery, outpatient treatment and consultations, prescribed medication, diagnostic tests and check-ups, and other health-related costs, so care is never delayed by finances.
12% p.a.
4–18 months
TZS 8,000,000
Affordable healthcare, without
Eligibility
- Dedicated exclusively to health and medical expenses
- Prioritized for quick processing so you can focus on recovery
- Covers hospitalization, outpatient care, medication and tests
- Relevant medical documentation required
Required documents
- Completed loan application form
- Medical report or referral letter
- Hospital invoice
- Copy of national ID
Application process
- 01
Submit the application with relevant medical documents
- 02
Application reviewed promptly by the loan committee
- 03
Team works to release funds as quickly as possible
- 04
Rapid disbursement for timely care
Not sure which loan is right for you?
Our credit team will help you choose the product and repayment plan that fits your needs and budget.