L-Paisa ensures that its client can access their accounts anywhere in the world right on their mobile phone.Two major financial solutions being provided by us are M-pesa and Micro Loans. Our vision is to enter all African and Asian countries and introduce everyone to our financial solutions.

1. Micro loans – A Phase Changing
Product For Tanzania
Micro-loan is one of the finest product introduced in financial
industry, still there are very less people who could understand its
importance and enjoyed the benefits. One of the major reason why
people are still unaware about micro-loan is lack of knowledge.
Majority of people still do not know how exactly do we define micro-
loan and what how it is beneficial to our lives.
How we define Micro loans?
Micro-loan is basically a small scale loan which can be availed by anyone and
requires very less documentation. It is generally provided by non- profit
organizations for a smaller period of time. Once availed, one can easily repay
this loan through easy installments.

2. What is the use of Micro loans?
To alleviate poverty
Micro loans have supported lots of families living in Tanzania, who were facing
poverty. People can now fulfill their daily necessities like food and shelter which
were missing before micro-loans.
To encourage small scale businesses
People are utilizing the micro-loans to start some activity which will help them
in earning a sufficient amount for living.
To support women empowerment
Women are able to provide better living to their family members living in
Tanzania. They are now working, earning and saving money for their better
future.
To extend education
Parents who are not capable enough to pay the school fee for their children are
now utilizing the micro-loans to educate them at schools of Tanzania.
To fight unemployment
Small scale businesses started by people of Tanzania have provided
employment to many in need. Credit straight away goes to the micro loans
only, which acts as a strong support to these small scale businesses.

3. A few essentials that you need to consider while taking a micro
loan:
1. Loan amount: The first thing you need to do before you apply for a
micro loan is to decide what amount you require. L-pesa is very much
flexible when it is about the loan amount. Initially you can apply for a
micro loan of $10 using mobile banking. Once you repay the loan to L-
pesa in time, you are then eligible to get another loan of higher amount.
2. Loan interest: Certain percentage levied on the loan amount is the only
factor of revenue generation for any lender. This percentage varies from
lender to lender depending upon the policies being followed and a way to
pull the customer for taking loan. The L-pesa offers micro loans with zero
interest rate, to its customers. This becomes a big factor for L-pesa to be
an attraction among the customers who need micro loan and are living in
Dar Es Salaam, Tanzania.
3. Timely installments: Always pay the loan installments on time to avoid
a fine. Whenever you take a loan always keep a check on installment due
date and arrange the necessary funds to make the payment on time. This
helps in increasing your credibility and makes it easy to apply another
loan of higher amount.

4. To Know More About Us, Please Visit:
http://lpesa.com/pages/about_us/tn