Bidhaa Za Kifedha na Watoa Huduma Za Fedha

Working capital

Business should be at least 12 months

Business license

Development loan

The business should comply with legal requirements

Tax clearance certificate

Asset Financing

The customer should have collateral as fallback position

_{Borrower's ID e.g. NIDA, Business license, Passport, and voter reg. ID}

Mortgage

There should be business sales track records e.g. Bank statements, financial reports, sales books, EFD reports, etc.

Spouse ID for married borrower

Contract/LPO/Certificate/Invoice Financing

Existence of an LPO or contract from the employer of the customer

Evidence of marital status

Application letter and Board resolution for limited company

Loan for entrepreneurs who owns a private education institution like a nursery, primary or secondary, vocational/training/technical institutes, colleges, or university.

1. Applicants must meet a minimum age requirement of 18 years
2. The loan is suitable for individuals who own schools that are already in operation, providing support for further development or expansions
3. A positive credit history
4. Applicant must be Tanzanian citizens

1. Proper documentation demonstrating the legitimate operation of the school
2. Proof of school ownership

Loan provision for individuals with small businesses.

1. Existing business for over 6 months
2. Tanzanian
3. Flexible collateral (stock, household assets, vehicles, lands, houses, fixed deposit account
4. Having an account with FINCA
5. The company is allowed, but all shareholders should sign as guarantors.

1. Valid ID (i.e. NIDA etc.)
2. Proof of business ownership

Individual loan for micro and small entrepreneurs operating profit-making businesses in urban, semi-urban, and rural urban.

1. Existing business for over 6 months.
2. Over 18 years.
3. Tanzanian

1. Valid ID (i.e. NIDA etc.)
2. Proof of business ownership

Individual loan for existing FINCA clients or prospects who engage in entrepreneurial activity or permanent employment to pay school fees for their children or relatives.

1. Existing business for over 6 months
2. Business owner or permanent employment
3. Over 18 years of age
4. Tanzanian
5. Flexible collateral (stock, household assets, lands, vehicles, houses, fixed deposit account)
6. Having an account with FINCA

1. Business license if available
2. Introduction of letter from employer for an employed applicant
3. Valid ID (i.e. NIDA etc.)

Loans provided to individuals (natural and legal persons) and Social Financial Groups (SFG) customers holding Fixed Term Deposit (FDT) accounts with the bank and they want to secure loans against their deposit balances to solve short term needs and emergences without breaching their FTD contracts.

1. Applicant must be Tanzanian
2. Must be over 18 years

• Individuals should have fixed deposit account