Loan Requirements

Salaried employees

Documents required for employees with a regular monthly salary

Required documents

01Workplace ID card

02Employer introduction letter

033 months of payslips

046 months of bank statements

05Collateral: title deed or vehicle logbook

06Employment contract (copy)

073 colour passport photos

SMEs and business owners

Documents required for small and medium business owners

Required documents

01National ID card

02Business licence

03Guarantor's ID

04Collateral: house title or plot deed

053 colour passport photos

06Tax clearance certificate and TIN number

076 months of bank statements

Churches and faith organisations

Documents required for registered churches and religious institutions

Required documents

01Local government recognition letter for the church

02Church registration certificate (copy)

03Loan request letter stating amount, purpose, collateral and repayment period

04Minutes of the church leadership board meeting

053 passport photos of each church leader

06Proof of tithe or offering collections for at least the last 3 months

07Loan collateral: plot, house, farm or vehicle

08Church income and expenditure statement (6 months)

09Church bank statement (6 months)

Why choose BSI Finance?

Simple requirements

We tell you exactly what you need — nothing more

Fast approval

Your answer within 48 to 72 hours of submitting

Transparent rates

From 3.5% per month, no hidden charges

Local expertise

A Tanzanian team that speaks your language

Why choose BSI Finance?