Disburse loans and collect repayments from one wallet
Top up your lending float from your CRDB or NMB account with your deposit number, pay approved loans straight to each borrower’s mobile money or bank account, and collect repayments back into the same wallet, ready to lend again.
Who you can pay
- Individual and business loans
- Group and solidarity loans
- Salary advances
- Emergency and top-up loans
How it works
The same four steps whether you pay ten people or five hundred.
Deposit from your bank
Pay the total into your permanent deposit number from CRDB or NMB. Free on the Malipopay side.
Upload your list
Fill the payout template in Excel and upload it. Every row is checked with a name lookup.
Approve with a code
See the total, the fees and the balance left, then approve with a one-time code.
Everyone is paid
Money goes to each mobile money number or bank account, and every row gets its own status.
Why it works for microfinance and lending
A whole disbursement day in one file
Export the approved loans from your loan system, upload them as one batch of up to 500 borrowers, and approve it with a one-time code.
Repayments by control number
Give every loan its own control number. Borrowers pay it through Pay Bill 858687 from their mobile money, and each repayment is matched to that loan automatically.
A float that keeps revolving
Repayments land in the same wallet the loans went out from, so you can lend them again or settle the surplus back to your bank.
Connect your loan system
Create control numbers and send disbursements from your own loan management system with the Malipopay API, and get a webhook when each repayment arrives.
| Name | Account | Amount (TZS) | Description |
|---|---|---|---|
| Rehema J. | 0754 000 141 | 300,000 | LN 10421, business loan |
| Salum K. | 0688 000 252 | 150,000 | LN 10422, group loan |
| Upendo Traders | CRDB 0150 0000 0002 | 2,000,000 | LN 10423, SME loan |
What it costs
Depositing is free. Each payout follows the published disbursement tariff, and each repayment the published collection rate.
Free
Deposit from CRDB or NMB
From TZS 500
Per mobile money payout
From TZS 2,500
Per bank payout
2.5%
Per repayment collected
Other ways businesses use it
Salaries and payroll
Fund once from CRDB or NMB, then pay the whole staff list to mobile money and bank accounts in one batch.
Vendor and supplier payments
Settle invoices from many suppliers in one batch, to their mobile money or bank account.
Agent and commission payouts
Pay field agents, sales reps and commission earners straight to their mobile money.
Start paying from one deposit
Open a free account, get your deposit number, and run your first batch.