News and Events

31 shortlisted for Citi Micro-Entrepreneurship Awards

Early this year, Citi Bank launched Citi Micro-Entrepreneurship Awards Program in Tanzania. The awards program is designed in raising awareness about microfinance among micro entrepreneurs who benefit from it. Hundreds of  micro entrepreneurs presented their business projects for examination but  only thirty one (31) were shortlisted for the final selection. TAMFI congratulates the shortlisted micro entrepreneurs […]

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CITI Micro Entrepreneurship Award program shortlisted entrepreneurs.

Early this year, April 2016, Citi Bank launched Citi Micro-Entrepreneurship Awards Program in Tanzania. The awards program is designed in raising awareness about microfinance among micro entrepreneurs who benefit from it. Several micro entrepreneurs presented their business projects to microfinance experts and only thirty one (31) were shortlisted for the final selection. 1. FRANCIS CHINA […]

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Skills, knowledge on risk management vital for better future of micro finance industry- TAMFI

  Workshop photos Tanzania Association of Micro finance Limited (TAMFI) organized a three days risk management training for micro finance institutions. The training started yesterday the 15th of June, 2016 and will come to close on Friday 17th June, 2016. Yesterday while opening the training, TAMFI CEO Winnie Terry said that it’s their expectations that […]

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RURAL AND MICROFINANCE CONFERENCE IN TANZANIA

RURAL AND MICROFINANCE CONFERENCE IN TANZANIA Tanzania Association of Microfinance Institutions (TAMFI) in collaboration with Marketing Infrastructure, Value Addition and Rural Finance (MIVARF) is organizing a Rural and Microfinance Conference in Tanzania to be held on the 14th to 15th of July 2016 at Julius Nyerere Convention Center, Dar-es-Salaam. The theme of the conference is […]

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The Launch of the Citi Microentrepreneurship Awards in Tanzania

  This is the first time the programme has come to Tanzania. It highlights the contributions of micro-entrepreneurs and microfinance institutions (MFIs) to their local economies     DAR-ES-SALAAM, April 14, 2016 Issued by Citibank Tanzania CEO: Mr Joseph Carasso As part of Citibank’s ongoing commitment to the field of microfinance, we are pleased to […]

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About 48 microfinance institutions in Tanzania have assented to a code of conduct that will greatly improve delivery of services to micro-borrowers, a statement issued in Dar es Salaam on Sunday 4th January 2011 has said.

The statement issued by Tanzania Association of Microfinance Institutions (TAMFI) board of directors, affirms that the document is the first code of standards of practices for Microfinance Institutions in Tanzania. The press release calls on clients of microfinance institutions to VOICE their concerns with regard to quality of services and practices of their respective service […]

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Members of Tanzania Institute of Microfinance Institutions (TAMFI) have been urged to carry out lending business in the most transparent manner as it will help boost their ventures drastically.

Addressing TAMFI members in Dar es Salaam, Ms Audrey Linthorst, Lead Africa Analyst of Microfinance Information Exchange (MIX) based in Washington DC said sharing information with peers, clients, shareholders, and potential investors was paramount for the development of the sector. “There are many benefits for Micro finance Institutions that are carrying out their duties in […]

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Microfinance institutions in Tanzania apex body has opened a new chapter in Mwanza, upping the stakes in the sector, which is increasingly being recognised as vital for poverty reduction.

Tanzania Association of Microfinance Institutions (TAMFI) Executive Secretary, Ms Winnie Terry said in a press statement released yesterday, that  office bearers have already been elected for the chapter. She said it was a new beginning for the Lake Zone microfinance Industry in developing a well-organised and responsible microfinance sector which was vital for greater and […]

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Dar es Salaam, 24th April 2012: Microfinance institutions, which vastly ride on group lending methodology in Tanzania are experiencing increase in credit risks, it has been revealed.

“If this situation is not properly addressed many microfinance institutions will start to be hardly hit with increasing credit risk with fatal consequences,” said Mr Joel Mwakitalu, the Vice Chair of Tanzania Association of Micro Finance Institutions ( TAMFI). It should be noted  that worldwide, the group lending is considered as the best methodology for […]