BongoPesa is an online lending application in Tanzania. The app offers flexible interest rates and a simple process, providing safe and convenient loan services.
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To meet the increasing demand for consumer loans, credit applications have emerged. Among them, BongoPesa is a reliable destination preferred by many customers when they need to borrow capital in Tanzania.

Essentially, BongoPesa App is not a lending entity but rather operates as an intermediary connecting customers with financial institutions. This entity provides financial solutions for customers who want to borrow money quickly, through expedited loans based on personal IDs.

Loan Products at BongoPesa

BongoPesa facilitates online lending for customers through a professionally operated application. Here, customers are provided with loan packages characterized as follows:

  • Loan Amount: From 10,000 TZS to 1,000,000 TZS.
  • Loan Term: From 91 to 365 days.
  • Annual Interest Rate: From 8% to 24%.

For example, if you borrow 10,000 TZS with a term of 180 days and an annual interest rate of 12%, the total amount you must repay will be calculated as follows:

  • Total interest to be paid: 10,000 * 12% / 365 * 180 = 592 TZS.
  • Total amount to be repaid: 10,000 (principal) + 592 (interest) = 10,592 TZS.

This makes the borrowing process flexible and easy for users, while providing suitable options for their financial needs.

Advantages and Disadvantages of the BongoPesa App

To better understand BongoPesa’s loans, let’s delve into the pros and cons. Specifically:


BongoPesa offers an ideal financial solution for customers in need of quick and expedited loans. The advantages of the loan package include:

  • Supports loans without the need for collateral or third-party guarantees.
  • Simple loan conditions allow various customer demographics to successfully borrow capital.
  • The loan process is conducted online without the need for face-to-face interactions.
  • Fast application processing and same-day disbursement help customers effectively address financial difficulties.
  • Compared to many other intermediary lending apps/websites, BongoPesa applies lower interest rates.


Taking out loans with BongoPesa also entails certain drawbacks that require careful consideration by each customer. Specifically:

  • BongoPesa supports loans with relatively low limits, suitable only for customers in need of small amounts.
  • Interest rates are often much higher compared to those of traditional banks, especially considering that interest rates tend to fluctuate with an upward trend.
  • Therefore, borrowers need to choose loans that align with their income to ensure repayment capabilities.
  • Customers may encounter difficulties when lodging complaints regarding their loans.

Loan Requirements at BongoPesa

For a loan application to be successfully disbursed at BongoPesa, borrowers must meet the following conditions:

  • Age 22 or older, a citizen of Tanzania.
  • Possess a registered SIM card.
  • Have stable employment and income to ensure loan repayment capability.
  • Hold a valid personal ID.
  • Not have a history of bad debts with banks or credit institutions.
  • No outstanding loans from external sources.
  • Maintain an active personal bank account.

How to Apply for a Loan on the App

Customers who meet all the requirements as stipulated by BongoPesa can proceed to apply for a loan online. The process of borrowing money from BongoPesa will proceed with the following steps:

Step 1: Prepare documents

Customers in need of a loan should prepare the necessary documents required by BongoPesa. These documents include:

  • Identification papers and photos
  • Bank statements for the last 3 months (if available).

Step 2: Complete the loan application procedure

After preparing the documents, customers should open their phones and access the BongoPesa application. Once the app interface opens, customers need to select “apply now”. Next, enter the correct phone number and activation code to log in.

The app system will prompt customers to update all personal information for loan eligibility assessment. At this point, loan applicants need to provide accurate and truthful information, including:

  • Full name
  • ID number
  • Occupation
  • Address
  • Current residential area
  • Phone number of relatives

Next, customers need to select the desired loan amount. Then, take a photo of the ID and include a selfie to complete the loan application process. Subsequently, the customer’s application will be sent to the lending institution for evaluation and approval. The customer’s task is to patiently wait for notification within 24 hours. If the customer’s application meets the requirements, the loan will be disbursed into the account promptly.

Contact Information for BongoPesa App

Below is the contact information for BongoPesa:

  • Email: fqa @
  • Address: 99, Dar Es Salaam, Tanzania.

If you have any questions, require assistance, or need additional information about BongoPesa’s products and services, you can contact us via email or visit us directly at the provided address. The staff at BongoPesa will be happy to assist you.


The above is detailed information introducing BongoPesa. Hopefully, you have gathered the necessary information to confidently complete your loan application. However, please remember to borrow responsibly from BongoPesa and proactively repay the loan when due.

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