EasyPesa

Visit our financial innovation startup on www.easypesa.co.tz
Like us for financial advice. Mission
Save millions of Tanzanians millions of shillings by escaping the inefficient and old fashioned payday debt trap. Company Overview
EasyPesa is your path from payday loans to financial independence. As you climb, you earn access to more money at better rates for longer periods of time, and ultimately

you can increase your credit score. Description
Last year, 15 thousands Tanzanian used a payday loan. Many of these people were looking for a simple fix to a short-term financial problem, but ended up fight with friends and trapped in long-term debt caused by hidden fees, costly rollovers and opaque terms and conditions. This is a big problem. We have a solution: EasyPesa, not chutes. At EasyPesa we believe there are two types of financial products: chutes and ladder. Ladder help people up, chutes push people down. One of our core values is that every product we offer at EasyPesa is a ladder, measured by the long-term financial wellbeing of our customers. EasyPesa loans are a stepping-stone towards better credit, and all the products we offer are in service of commitment to getting our customers to a better financial state. Why are good, honest people still paying for less responsible borrowers through higher interest and higher fees? We think that is simply not fair. So we are doing something about it. We built a business that succeeds when our customers succeed, not when they stay in debt.