Financing Instruments & Financing Providers

To enable boda boda to own thier own motorbike

To empower young entrepreneurs.

Business

Financing young hustlers.

Team loan for Agribusiness, crop business for buying crops and selling crops.

• Risk assesment.
• lender Marketing.
• Business security.
• Business plan.
• Lender cash flow.

• Certificate of Incorparation.
• Compliance certificates such as Tax clearance.
• TIN, VAT, Business Licence.
• Business plan.
• Identity Card.
• Required collateral.

Secured loans pre-export loan for crops i.e. cashew nuts, tea, and coffee

• Start up working capital.
• Cash flow and income of lenders (higher business cash flow and income the better chance of fund.
• Age of business at least two years experience in the business.

• Certificate of Incorporation, Business registration or Compliance certificates.
• Tax clearance, TIN or VAT number.
• Business license.
• Business plan.
• Identity Card.
• Board resolution / letter.
• Required collateral.

Non-secured loans are available to individuals in groups of 5 members to 40 members doing businesses in the same locality.

• No, conversional security is required loan tenure of 4 months to a maxmimum of 12 months.
• Be in a group with 5 members.
• Have operational business runnning at least for 6 months.
• Have identification documents (Borrower's documents).

• Have identification documents (borrowers documents). 
• Deposit savings to operational account.

Loans offer adequate and timely financial support to farmers to enhance their agricultural activities: Inputs supply, Labor, Farm Equipment, Investments etc.

• Be a Tanzanian of more than 18 years old and are cultivating.
• Be able to submit collateral, such as livestock, home and business items, house, motor vehicles, etc.

• Voters ID, passport, driving license.
• Introduction letter from Ward/Village letter.
• Business license.

Farmers loans for production aid farmers in improving cultivation practices, higher yields and ultimately increased household income while increasing the export volumes of agriculture products. Payments start soon after Harvesting Max < 12 months.

• Atleast two years farm operation experience.
• Must be Agribusiness Farming.

• Introduction letter from AMCOS leaders, Association or Farmers group.
• Certificate of ownership of the land Title deed / (Traditional).
• Business license.
• Voter Identity card / National identity card.
• Business Plan.
• Current credit flow.
• Required collateral.

• Tanzanian citizens only, aged between 18 to 60 years old
• SMEs engaged in trading activities and are operating a current account with the bank for the past 12 months.
• Sole Proprietorship/Partnership duly registered
• Limited liability companies duly incorporated
• Applicable to SMEs that have a credit turnover in the current account of TZS 120 million per annum from the date of application out of which at least TZS 60 million in the last six months
• At least three years' experience in operating the same or similar business
• Business should have stable cash flows to meet the monthly obligations of the business
• Applicants must have a proper accounting system and also shows the capability of operating the business profitably.
• Applicants must have a premise (owned or rented)

Finance purchase of assets for facilitating agriculture mechanization like tractors, harvesters, planters, irrigation equipment, or technology to increase productivity and value addition.

• Up to 75% of the total expected revenue
• At least three years actively engaged in the selected agriculture value chains consecutively with a reliable production cycle.
• Registered farmer entities or individual farmers guaranteed by their organizations with a mandate to borrow.
• Verifiable production and sales data of the agriculture/livestock products for at least three years.
• Demonstrated adherence to good governance and management.
• Have a well-operated bank account where applicable.
• Private companies/ other registered entities supporting smallholder farmers in the selected agriculture value chains.
• Other information may be required by the bank during loan appraisal.

A. Farmers:

• Introduction letter from AMCOS leaders, Association or Farmers group.
• Certificate of ownership of the land Title deed/ (Traditional).
• Business license.
• Voter Identity card / National identity card.
• Business Plan.
• Current credit flow.
• Required collateral

B. Traders:

• Business license.
• Voters Identity card / National identity card.
• Business plan.
• Verified Required collateral.
• Current credit flow.
• Bank statement.