Are you looking to expand your business but stressed on where to get funding? Well Timiza has the solution for you.

The digital lending platform is offering Term Loans with tenures of 30 days, 3 months, 6 months, 9 months, and even 12 months, ensuring borrowers have enough time to repay their borrowings.

Anyone can access the loans provided they have a mobile phone, either through the Timiza mobile app available on Google Play store or IOS app store or through the USSD *848#.

The more one transacts the more they grow and improve their Timiza credit limit. In addition, one gets discounts and loan limit growth on early repayment.

To qualify for Timiza loans, one must be an active M-Pesa subscriber for at least 6 months before the date of application of the Loan.

In addition, borrowers must have been actively using other Safaricom services such as data, voice, and M-Pesa services prior to the loan application.

To open a Timiza account, you need to first register on Timiza for a transactional account. For your first-time loan application, follow the following steps.

1. Launch the app on your phone.
2. Enter your PIN to log in.
3. Your loan limit will be shown on the home screen
4. Click My loans.
5. Select Request loan.
6. Enter the amount of money you want to borrow.
7. Click continue.
8. Timiza will confirm whether or not the loan application was successful
9. Wait for a message confirming you have qualified for the loan.

How to avoid being conned on the Timiza mobile app

Application for a Timiza loan using USSD service

1. Dial *848# on your mobile phone. Make sure you have registered for a Timiza account.
2. Enter your Timiza PIN.
3. Select option 4: Loan
4. Select option 1: request loan.
5. Select option 1: Get Cash.
6. Enter the amount of money you want to borrow
7. Confirm the amount you have applied for
8. Timiza will send a confirmation SMS.

How to repay Timiza loan

To repay your loan, use Pay Bill number 300067 and enter your  mobile number as the account number. Here is the procedure.

1. On your MPESA menu, Select Lipa na M-PESA.
2. Select Paybill.
3. Enter 300067 as the Business number.
4. The account number is the Timiza registered phone number
5. Enter the amount you want to repay.
6. Enter your M-PESA PIN

Alternatively, you can dial *848# . Enter your Timiza pin, select loan option, and select pay loan.