Laina Finance

Laina Finance is a digital financing platform for consumers and merchants in Tanzania that provides flexible payment plans for purchases, insurance premiums, and short-term cash needs.

Key capabilities include:

• Buy now, pay later at checkout: access instant checkout loans for purchases at participating merchants, with an online or USSD application and an instant decision.
• Device financing: finance electronics and devices on a flexible repayment plan to spread the cost over time.
• Insurance premium financing: pay insurance premiums in manageable installments instead of a single upfront payment.
• Conventional loans and Sharia-compliant financing: choose between conventional loans (repayable up to 6 months, with late repayment fees) and Islamic financing options built around risk sharing and (late repayment fees go to charity).