Our Products and Services

Our loan products are tailored to meet the daily needs of our clients with competitive interest rates and a convenient repayment structure that will help improve their lives.

FEATURES

1. 1.Quick processing procedure
2. 2.Competitive interest rate
3. 3.Small business operators
4. 4.Up to 3 months repayment structure
5. 5.Savings component in the repayment of loan
6. 6.Free Advisory Services

Government Payroll Loan

1. 1. Quick processing procedure
2. 2. Competitive interest rate
3. 3. Public sector employees
4. 4. Up to 5 years repayment structure
5. 5. Free Advisory Services

This account is designed in a way to encourage groth among all income earning Groups and micro business ventures and has the flexibility of access to your money at any time.

FEATURES

1. 1. Joint Liability Group (JLG) Loans: - Small groups (usually 4-10 members) take out a loan together. - Members are collectively responsible for repaying the loan. - Often used in microfinance for agricultural or small business purposes.
2. 2. Cooperative Society Loans: - Loans given to members of a cooperative society. - The cooperative society manages and guarantees the loan repayment. - Used for various purposes, including farming, business, and housing.
3. Free Advisory Services

The product has been designed for individuals, Corporate Organizations, Enterprises and Associations at very attractive interest rates based on Bank of TANZANIA Treasury Bill Rates and with the safety and security of clients’ funds in mind. It also offers a sturdy growth of client’s investment at every point in time.

FEATURES

1. A personal loan is an unsecured loan provided by Mhama Finance based on an individual's creditworthiness. Unlike secured loans, it does not require collateral, making it accessible for a variety of personal needs such as debt consolidation, medical expenses, home renovations, or unexpected expenses. Borrowers receive a lump sum upfront and repay it in fixed monthly installments over a set period, typically with a fixed interest rate. Approval and terms are influenced by the borrower's credit score, income, and financial history.