Uni loan

Uni-Loan is a lifeline for university students, offering emergency loans when they need it most—while waiting for their funds from the Higher Education Students' Loans Board (HESLB). We've recognized the significant challenge students face during the long wait for their 'boom' (money from HESLB). Whether it's paying for rental housing, covering compulsory charges, tuition fees, or handling other unforeseen emergencies, students often find themselves in a tight spot. With Uni-Loan, they no longer have to wait two months for financial relief.
Tanzanian students often face significant challenges when it comes to accessing financial credit, making them ineligible for support from many financial institutions. As a result, they turn to street lenders who impose exorbitant interest rates—sometimes as high as 40%—and enforce stringent repayment conditions. This unfortunate scenario often forces students to part with valuable assets, such as laptops and phones, further complicating their university experience. To address this critical issue, we have introduced Plan B - the Uni-Loan, a reliable financial alternative designed specifically for students in need.