Jibusti is an East African based application offering financial solutions. The application allows customers to take loans of up to 12 months with low interest rates of 3.5% and processing fee of 2.5%. The application process is fast and secure.
According to East Africa Policies
- Minimum period for repayment is two(2) months equivalent to 60days.
- maximum period for repayment is twelve(12) months.
- Maximum Annual Percentage Rate (APR) is 3.5%.
- The total cost of the loan = Principle + interest rate + charging fee
Example if user request 10,000 TSH;
totalReturn = 10,000 Tsh + 350 Tsh + 250 Tsh == 10,600 Tsh