MICROFINANCE LOAN
Solidarity Group Loans (SGLs) are intended to provide micro entrepreneurs with an opportunity for improving their standard of living. Target the natural persons whose income depends on their own business or economic activity, who may lack formal financial statements and other accounting and operational records, and who may lack physical securities. A group of three to five members are eligible to get a loan
A loan product designed to offer a housing loan to customers of low income and medium income. This product targets customers who are building a complete house or those building progressively.
Loan size ranges between TZS 2 Million to TZS 20 Million based on the type of business and the nature of collateral. The business must be stable and full registered by relevant authorities.