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Komboa Loan

Overview


Is your cargo stuck at the port and you're struggling to get it released? 

We understand the frustrations of having your business operations delayed due to delayed cargo. That's why Silent Ocean (OPPO Agencies) and CRDB Bank have partnered to bring you the Komboa Loan, a short-term loan designed to help you clear your cargo from the port and keep your business operations running smoothly.

The Komboa Loan is specifically designed to cater to the needs of businesses with full container and loose cargo stuck.

  • The loan is available to customers who imports through Silent Ocean.
  • Your business should have a good credit score and a clean credit report from the Credit Reference Bureau.
  • No collateral is required for loans up to TZS 150 million.
  • For amounts above TZS 150 million, collateral is required.
  • The loan is suitable for customers with loose cargo or full containers

The Komboa Loan has several benefits that will help your business stay afloat, including:

  • It provides the necessary capital to cover all shipping costs and government taxes up to 100%.
  • The loan attracts a competitive interest rate of 18% per annum.
  • Repayment is flexible, with a maximum repayment period of 180 days.
  • Loans are disbursed quickly, allowing you to clear your cargo and resume operations without delay.

To be eligible for the Komboa Loan, your business must meet the following requirements:

  • You must be an authorized customer of Silent Ocean (OPPO Agencies).
  • Your business should have a sales turnover not exceeding 90 days.
  • You must have a CRDB Bank account with a turnover of at least 150% of the requested loan amount for the past 12 months.
  • Your business should have a good credit score and a clean credit report from the Credit Reference Bureau.
  • No collateral is required for loans up to TZS 150 million.
  • For amounts above TZS 150 million, collateral is required.
  • You should have a good repayment history and/or deposit with CRDB Bank or any other financial institution for at least 12 months.

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