swahili [noun]

Riba ya mkopo

Maana (Definition)

The fee charged by lenders computed as a percentage of the principal loan.

Tafsiri ya Kiingereza (English):

loan interest rate

Sheng / Standard Equivalent:

interest ya loan

Asili na Utamaduni (Origin & Etymology): Arabic riba via Swahili Banking

Mfano wa Sentensi (Example Sentence):

"Benki ilipunguza riba ya mkopo ili kusaidia wafanyabiashara wadogo."

Translation: The bank reduced the loan interest rate to assist small business owners.

Maneno Yanayohusiana (Related Terms):

Faida Ushuru wa forodha Benki