Supporting entrepreneurs who empower others — this loan bridges financing and working capital gaps for institutions engaged in lending activities. Through our network of trusted partners, including Commercial Banks, Community Banks, Microfinance Banks, Microfinance Institutions, and SACCOS, we help strengthen access to finance and promote inclusive growth.
1
Purpose
Finance funding (working capital) gaps for entrepreneurs involved in lending activities
2
Target
Commercial Banks, Community Banks, Microfinance Banks, Microfinance Institutions and SACCOS
3
Loan Feature
Loan Tenure: Up to 36 Months
Repayment: Monthly / Quarterly
Loan Amount: Up to 5 Billion.
Initial requirements to submit for loan assessment
Banks
Valid business license
Bank of Tanzania banking business license
Tax Clearance certificate.
Certificate of incorporation.
Memorandum and Articles of Association (MEMART)
Annual returns to BRELA
Copies of VAT registration certificate, Tax Payer Identification Certificate (TIN).
Board resolution to borrow
Credit Policy
Current Audited Financial Report at least past 1 year
Projected Cash flow statement
Business plan
Microfinance companies
Valid municipal/ council business license
Tax Clearance certificate
CVs of Board of Directors and Management Team
Certificate of incorporation
Memorandum and Articles of Association (MEMART)
Annual returns to BRELA
Shareholders share certificate
Copies of VAT registration certificate, Tax Payer Identification Certificate (TIN).
Board resolution to borrow
Credit Policy.
Current Audited Financial Report at least past 1 year
Projected Cash flow statement
Business plan.
SACCOS
Valid business license.
Tax Clearance certificate
CVs of Board of Directors and Management Team
Certificate of registration.
Certificate of maximum liability
Board resolution to borrow
Credit Policy
Annual audited accounts for at least past 1 year
Current Audited Financial Report by COASCO at least past 1 year
SELF Microfinance Fund offers nationwide financial inclusion support through affordable loans, training, and insurance for individuals, MSMEs, and institutions.