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Frequently Asked Questions
FAQ
How do I apply for a loan?

It’s so easy. You can apply online, over the phone or in person. If you need an answer super fast, then apply online

Are there other ways for me to make my payments?

Yes, Through bank.

What ID do I need?

We need to see confirmation of your income such as a recent pay slip or bank statement, proof of your address and some personal identification such as your Driver’s Licence, Passport, Bank Card or Firearms Licence.

We also need to have a current phone number (mobile or landline) and the registration (number plates) of any cars being used as security.

How do I make my loan repayments?

You can make monthly payments through bank.

What if I make a payment after my due date?

Coming soon...

How long does it take to get loan approved?

Our customers need money fast so we act fast. Provided you’ve given our finance company all the details, we can let you know if your loan has been approved within 60 minutes of processing your request.

How much can I borrow?

We offer instant finance approval on secured loans from 1,000,000 TZS to 50,000,000 TZS. The amount you can be approved for is calculated on the value of the security you can offer. We also structure your repayments to suit your pocket and coincide with your payday.

Do I need security for a car loan or vehicle finance?

Usually we use the car you’re buying as security for your car loan, but you can use other assets or motor vehicles belonging to you, a co-borrower or your guarantor if you prefer.

Do I have to accept the money straight away?

Although most people prefer to get their money straight away, once approved, your loan approval is valid for 14 days.

Will it cost me if I pay the loan back early?

No. Early repayment of your loan is free.

What if I need to borrow more money once a loan has been approved?

Once you’ve built up a good payment record with us, (usually after 3 months history) you may be offered or qualify for loan top-ups.

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Proshare Finance Limited where you can get loans to serve your financial emergencies. We are committed in making sure that individuals, schools owners, SME’s and employees meet their daily obligations even in the time of financial constrain.

Contact Info

Physical Address:
Mikocheni Regent Estate,
Migombani Street

Postal Address:
P.O Box 79632, Dar es Salaam

Tel : +255 677 021 323

Email :
info@prosharefinance.co.tz

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