HOME IMPROVEMENT

MASS SILC understands a home is the most important personal asset a person will acquire during their lifetime and that keeping a house in good condition through regular maintenance, upgrades, furniture’s, home appliances, and improvements ensures its appreciation in value over time. The MASS SILC Home Improvement Loan is therefore available to entrepreneurs and salaried employees who own a finished or partially finished residence to help them realize their home improvement dreams and to grow the value of their investment.

RENOVATION AND REHABILITATION OF HOUSE
Whether you want to renovate or rehabilitation your house, Home improvement Loan is the way to improve your house.
Benefits
Loan Amount starting from TZS 3,000,000/= to 5,00,0000/=
Repayment period of 6 months;

Eligibility Criteria

The borrower must:

  • Be an individual entrepreneur or merchant, or other legal entity engaged in income-generating activities;
  • Be an employee of reputable company;
  • Have at least 6 months experience in the same business;
  • Be able to demonstrate competence and expertise in a particular business sector;
  • Demonstrate capability of operating a business profitably;
  • Have a guarantor;
  • Have collateral (e.g. business equipment, vehicle, house or land).

FURNITURE AND HOME APPLIANCES
MASS SILC loan is a customized product to enable people to improve their home. The loan facility is designed to make your home better and customer may get Home furniture of different kind, also you can get a loan of Smart TV, Led TV, Fridge, Freezer etc.
Television
StarTimes TV

Eligibility Criteria
The borrower must:

  • Be an individual entrepreneur or merchant, or other legal entity engaged in income-generating activities;
  • Be an employee of reputable company;
  • Have at least 6 months experience in the same business;
  • Be able to demonstrate competence and expertise in a particular business sector;
  • Demonstrate capability of operating a business profitably;
  • Have a guarantor;
  • Have collateral (e.g. business equipment, vehicle, house or land).