DAR ES SALAAM, July 18 -- Tanzania has launched JIWEZESHE a next-generation digital loan product designed to provide fast, inclusive, and collateral-free credit to both salaried and non-salaried individuals, making it one of the most accessible loan offerings in the market today.

Replacing the previous Salary Advance product, JIWEZESHE has been redesigned to reflect the realities of Tanzanias evolving economy, where many people earn through self-employment, gig work, or informal trade, yet remain locked out of traditional financial services.

Clients can borrow between 50,000/- and 5m/-, depending on their income pattern and Stanbic account history. For non-salaried individuals with steady income, loans of up to 2.5m/- are now available....