Having a smartphone is very important in modern life. A smartphone helps you communicate with people, search for information, and even access financial services and other important services such as insurance.
However, not everyone can afford to buy a mobile phone, especially a smartphone. Fortunately, there are ways to get a smartphone through a loan. Through this article, I have brought you the best smartphone loan service providers in Tanzania where you can get a smartphone loan.
Y9 Microfinance
Y9 Microfinance is a company that provides financial services in Tanzania. This company offers quick and easy loans and also provides loans for people who want to buy a phone or smartphone by paying little by little.
You can get a smartphone loan of up to Tsh 500,000 and pay for the phone every day from the day you take it. You just need to have a national ID and other necessary data to prove your ability to repay the loan.
Learn more about how to join Y9 Microfinance here.
Tigo Tanzania
Tigo Tanzania is one of the largest mobile phone companies in Tanzania. This company offers financial services to its customers, including mobile phone loans. You can get a smartphone loan of up to TZS 500,000, depending on your financial ability, through Tigo Pesa. You just need to be a Tigo Pesa customer, have a national ID, and prove your ability to repay the loan.
To join this service, you need to dial *147*00#, then choose number 9, then choose 3 Phone Shop, and then choose the service according to your needs.
Vodacom Tanzania
Vodacom Tanzania is another major mobile phone company in Tanzania. This company also offers loans to its customers to buy smartphones.
You can get a smartphone loan of up to Tsh. 500,000. As with Tigo, to join Vodacom’s smartphone loan service, you need to be a customer of M-Pesa from Vodacom, have a national ID, and prove your ability to repay the loan.
To join, dial *150*00#, then choose the Loans section.
Easy Buy Tanzania
Easy Buy by Tecno Tanzania is a new service for buying Tecno phones on credit. This service allows customers to buy Tecno phones in installments instead of paying cash all at once. You can get a Tecno phone through a smartphone loan.
You just need to fill out a form and prove your ability to repay the loan, including other requirements such as a national ID and other necessary requirements.
Therefore, if you want to buy a smartphone but don’t have cash, you can get a smartphone loan from financial companies such as Y9 Microfinance, Tigo Tanzania, and Vodacom Tanzania. You can also use the Easy Buy by Tecno Tanzania service to buy a Tecno phone through a smartphone loan.
Remember to follow the loan terms and conditions, and also make sure you can prove your ability to repay the loan before taking out any loan.
