Student Loans
Made Simple
Fast, secure, and flexible financial solutions designed to support your educational journey without financial stress.
How to Apply in 3 Simple Steps
Sign In
Create your account securely using your university credentials or email.
Apply
Fill out a short form with your details, guarantor information, and collateral.
Get Decision
Track your application status in your dashboard. Funds processed after verification.
Available Loan Offers
Dar es Salaam Offer
25% InterestTailored financial support for students in Dar es Salaam
- Loan Amount: TShs 50,000 - 500,000
- 30-Day Repayment Term
- Processing Fee: TShs 3,000
Mbeya Offer
20% InterestSpecialized financing for students in Mbeya region
- Loan Amount: TShs 50,000 - 500,000
- 30-Day Repayment Term
- Processing Fee: TShs 3,000
4+ Years of Financial Expertise
Mwanasheria Mikopo Co. Ltd, established on December 15, 2022, is a pioneering student financing company dedicated to providing innovative, efficient, and accessible financial solutions that empower students' educational journeys.
Our Mission
To empower students through fast, fair, and accessible financial aid, ensuring education remains a right, not a privilege.
Our Vision
To become Tanzania's most trusted student financing partner, enabling every learner to pursue education without financial barriers.
Core Values
- • Reliability
- • Accessibility
- • Trust
- • Excellence
Transforming Student Financing
Mwanasheria Mikopo delivers innovative, secure, and accessible financial solutions that enhance student productivity. We provide tailored loan services for university students, helping them streamline their educational journey and achieve their dreams.
Our Leadership
Silvester Mhagama
Chief Executive Officer
Tarcisius Mhagama
General Manager
Our Reach
LOAN TERMS & CONDITIONS
For University Students
LOAN ELIGIBILITY CRITERIA
Applicant must meet at least one of the two criteria. (Criterion 2 is used only for the study period.)
1. Loan with Collateral
- Applicant must have collateral worth more than forty percent (40%) of the loan amount.
- Collateral will remain in the office until the loan is repaid.
- Collateral can be a Phone, PC, TV, Motorcycle, etc.
Repayment Terms (Criterion 1)
A. Applicant must repay the loan amount with 20%(Mbeya) / 25%(Dar es salaam) interest within the specified loan agreement period (30 days).
B. If any issue arises within the loan period, an extension request will be processed with an additional 20%(Mbeya) / 25%(Dar es salaam) interest on the amount due.
C. Contrary to (A/B), the collateral will be auctioned to recover the loan amount.
2. Loan with Loan Board Guarantee
If the applicant is guaranteed by the loan board and needs a loan to make repayments through self-sustaining funds from the loan board, the maximum amount is TShs 50,000/=.
Loan Board Guarantee Requirements
- Visit the office with the bank card used to receive self-sustaining funds, HESLB and college information.
- One of the following identification documents:
- Form Four Certificate
- Form Six Certificate
- National Identification (NIDA)
- Passport
- Driver's License
Repayment Terms (Criterion 2)
A) Applicant must repay the loan amount with 20%(Mbeya) / 25%(Dar es salaam) interest within the specified loan agreement period (30 days).
B) If the loan exceeds the agreement period (30 days), and the applicant fails to repay due to delayed self-sustaining funds, the following terms will apply to the loan and interest calculation:
- Days 1 to 15: Additional 15% of the amount due.
- Days 16 to 30: Additional 20%(Mbeya) / 25%(Dar es salaam) of the amount due.
DIGITAL SYSTEM REGISTRATION
Applicant will register on the Mwanasheria-Mikopo digital system for tracking, reminders, and record keeping for the applicant's and office's benefit.
LOAN VERIFICATION
By accepting a loan from Mwanasheria-Mikopo Co. Ltd, the applicant agrees to all terms set forth and commits to fully comply.