Tanzania
Loans of 750,000 to 15 million for 12 to 36 months.
Loan offers made in just 5 days.
14% per annum interest
Each loans includes 6 months of face to face business support delivered by our team.
Once you have repaid 50% of your 1st loan you can qualify for follow-on funding at lower rates with lower collateral requirements.
Get a Business Loan in 5 days:
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To qualify, your business must be registered and operating for at least one year in a secondary town or city in Kenya or Uganda or Tanzania. You should be seeking investment between USD 10,000 and USD 250,000 to grow your business.
Balloon Ventures works with entrepreneurs who are open to hands-on support in areas like financial management, sales, and staffing. We also prioritise businesses that are committed to improving their operations and creating quality jobs in their communities.
Balloon Ventures provides loans ranging from USD 10,000 to USD 250,000, depending on your business needs and capacity.
Most businesses receive around USD 25,000, with funding tailored to support practical, sustainable growth. The final amount is based on what your business needs and can responsibly manage.
The process takes 7-14days.
Loans are typically repaid over 12 to 36 months.
Each loan also includes up to six months of hands-on business support, which is built into the overall cost. Repayments are structured to align with your business’s cash flow.
Yes, collateral will be required depending on the loan amount and your business profile. We accept various forms of collateral, including real estate, equipment, or business assets.
We assess both your business and you as an entrepreneur.
Key factors include:
We also look for qualities like vision, sector knowledge, willingness to learn, and integrity ensuring your business is well positioned to grow and succeed.
We evaluate applications based on:
