NIVUSHE PLUS

Tigo only offers loans to selected customers who actively use services like airtime, data, SMS, bill payments and Tigo Pesa transactions. You will get an SMS when you qualify. For those who are not qualified to get a loan, for them to qualify in future, they will need to use more Tigo and Tigo Pesa services & transactions

Tigo Pesa only offers loans to selected customers who actively use services like airtime, data, SMS, bill payments and Tigo Pesa transactions. You will get an SMS when you qualify. For those who are not qualified to get a loan, for them to qualify in future, they will need to use more Tigo and Tigo Pesa services & transactions.

Dial *150*01# select 7 for Financial Services then select Loans then Nivushe Plus on your Tigo sim-card or through Tigo Pesa App select Financial Services select Loans then select Nivushe Plus for you to Request for a loan. You will need to accept a loan Terms & Conditions prior taking a loan with the specified payment period and enter the amount of money you want to take as a loan within your loan limit, and then enter your PIN to complete the transaction.
If you get a message that says you don’t qualify, you will need to use more Tigo and Tigo Pesa services & transactions.

Nivushe Plus offers loans from minimum of Tsh 1,000. How much you can get depends on how you use your Tigo Pesa account and how you use other Tigo services like airtime, data, and SMS. Each customer is granted their own limit according to their score.

You can get loans for 7 – 90 days. The payment will be taken out of your Tigo Pesa account at the end of the term you choose.

The fee is different for each customer and each loan. Fees range between 9.2% to 25%. You will be shown how much your fee will be before you take the loan. Customers with good habits (like paying and transferring with their Tigo Pesa account and always repaying their loan on time) get lower fees.

You can take two loan at a time, but once you’ve paid your loan you can qualify for another loan immediately. Your next loan could be bigger, if you pay on time and use your Tigo Pesa account together with other Tigo services like airtime, data, and SMS.

Dial *150*01# select 7 for Financial Services, Loans, Nivushe Plus and then select 3 for “Outstanding Loan balance” or through Tigo Pesa App select Financial Services select loans select Nivushe Plus then select “Outstanding Loan balance”

To repay your Nivushe Plus make sure you have enough money in your Tigo Pesa account on the day your loan is due and Nivushe Plus will initiate an auto strike from your Tigo Pesa wallet. If you prefer to pay early or late, dial *150*01# and select 7 for Financial Services select Loans then Nivushe Plus then 2 for “Repay Loan” or you can use Tigo Pesa App select Financial Services select loans then Nivushe Plus the select “Repay Loan“. You can then choose whether you want to pay the whole loan, or only part of the loan and enter your PIN to confirm.

For early payment, Dial *150*01# select 7 for Financial Services and select Loans, Nivushe Plus and select 2 for “Repay Loan” or through Tigo Pesa App select Financial Services select loans select Nivushe Plus then select “Repay Loan” You can then choose whether you want to pay the whole loan, or only part of the loan and enter your PIN to confirm.

If you do not pay your loan on the due date you will have to pay a penalty fee of up to 7%- 10% of the outstanding balance. You will get an SMS to remind you to pay before the due date. If you pay late your next loan may be smaller, and if you often pay your loans late you could be removed from the Nivushe Plus service.

It’s always better to pay at least part of the loan when you can, because this will keep your Late Payment fee smaller.

Use Tigo and Tigo Pesa services & transactions more often, and make sure you repay your loans on time. The loan amounts you get are decided by your use of Tigo services like airtime, data, SMS, bill payments and Tigo Pesa transactions and by looking at whether you repay your loans on time, every time.

If you’ve paid one of your loans late, or if you’re using Tigo Pesa or other Tigo services less than you used to. The loan amounts you get are decided by your use of Tigo services like airtime, data, SMS, bill payments and Tigo Pesa transactions and by looking at whether you repay your loans on time, every time.

If the message notification you get is that you don’t qualify this means that you need to use Tigo and Tigo Pesa services regularly to be qualified in the future and pay loan on time.
If the message notification is “you have reached your daily loan limit”. Please try after 24 hours for you to enjoy the Nivushe Plus service.

Nivushe Plus is a better version of Tigo Nivushe, there both managed by Tigo. The main difference is financial services provider i.e with Nivushe Absa and Jumo were the only providers- while with Nivushe Plus we will have more than one FSP’s which are Azania bank, Letshego Bank, CRDB Bank and Jumo, therefore we will be able to serve more customers.