Microfinance Companies In Tanzania

Microfinance Companies In Tanzania

Microfinance is a banking service provided to low-income individuals or groups who otherwise would have no other access to financial services. Microfinance allows people to take on reasonable small business loans safely, in a manner that is consistent with ethical lending practices.

Microfinance Companies In Tanzania

Below is the list of Microfinance Companies In Tanzania

1. AccessBank Tanzania
2. Letshego Bank Tanzania
3. Akiba Commercial Bank
4. Amana Bank
5. Azania Bank
6. BancABC
7. Bank of Africa Tanzania
8. Bank of Baroda Tanzania Limited
9. Bank of India (Tanzania)
10. Barclays Bank of Tanzania
11. Citibank
12. Commercial Bank of Africa (Tanzania)
13. CRDB Bank
14. DCB Commercial Bank^[2]
15. Diamond Trust Bank Tanzania
16. Ecobank
17. Equity Bank (Tanzania)
18. Exim Bank (Tanzania)
19. FINCA Microfinance Bank(Tanzania)
20. First National Bank of Tanzania
21. FBME Bank
22. Guaranty Trust Bank (Tanzania) Limited^[3]
23. Habib African Bank
24. I&M Bank (Tanzania)^[4]
25. International Commercial Bank
26. Kenya Commercial Bank
27. Mkombozi Commercial Bank^[5]
28. National Bank of Commerce (Tanzania)
29. National Microfinance Bank
30. NIC Bank Tanzania
31. People’s Bank of Zanzibar
32. Stanbic Bank Tanzania Limited
33. Standard Chartered Bank
34. United Bank for Africa^[6][7]
35. UBL Bank Tanzania Limited
36. Mwalimu Commercial Bank
37. TPB Bank Plc^[8][9]
38. TIB Corporate Bank
39. First Housing Company Tanzania Limited
40. China Dasheng Bank Limited

Which is the largest microfinance in Tanzania?

BRAC Tanzania Finance Limited was launched in 2007. It is the largest microfinance institution in Tanzania in terms of branch network, active borrowers, and loan outstanding.