FINCA Microfinance Bank

Follow

This company has no active jobs

0 Review

Rate This Company ( No reviews yet )

Work/Life Balance
Comp & Benefits
Senior Management
Culture & Value

FINCA Microfinance Bank

(0)

About Us

FINCA Microfinance Bank 

FINCA Microfinance Bank Tanzania Limited, is one of the FINCA Impact Finance 20, which started its operations in 1998 in Mwanza.

It has since then grown and spread its coverage across Tanzania now operating with over 20 Branch network and over 150 Agency Banking spots.

Transformation to deposit-taking entity

In January 2013, FINCA Microfinance Bank began offering Savings solutions. This followed a historical event in the Tanzanian financial sector as FINCA became the first Microfinance to be granted a license by the Bank of Tanzania allowing the institution to accept deposits and operate banking services as a Microfinance Institution.

Prior to that, FINCA was an organization providing credit facilities to small entrepreneurs particularly in rural areas. The issuance of the license by the Central Bank was indeed an important step toward financial inclusion as FINCA brought over 72,000 clients then, mainly from rural areas of Tanzania into the formal banking sector.

The transformation from a non-regulated entity into a Microfinance regulated by the Central Bank also saw a saving culture growing within our core market as the community benefited from our simplified Account opening and management procedures.

Our financial solutions aim at offering the community with assistance in achieving their business and personal goals. In addition, our Loan solutions target industrial sectors that are a primary source of income to Tanzanians.

Our multiple delivery channels including Mobile Banking and Agency Banking are designed to give customers convenience, security and satisfaction as they access their money.

FINCA Microfinance Bank has been a trusted financial services provider in Tanzania for the last 20 years and plans to maintain its responsible banking standards as it continues to serve and empower Tanzanians as a whole.

Investing in technology, FINCA Microfinance Bank owns a renowned platform called Digital Field Automation (DFA), which enables the Bank Officers to open Accounts, conduct loan applications, credit score them and finally disburse a loan in the field without having the person visiting the Branch.
The technology is paperless and provides instant banking services out of the Branch, this gives us an edge of customer experience as in the world of financial technology turnaround time is key in serving clients.

Contact Us

https://ajira.anzimag.com/wp-content/themes/noo-jobmonster/framework/functions/noo-captcha.php?code=5e163