In the last edition of our Newsletter (July Newsletter), some golden learning tips on saving and budgeting were provided. As we all know, it is very difficult to save for a long time if you don’t have a clear budget. Budgeting tracks your income…
“Bank kwa Maendeleo Yako“ MUCOBA Bank PLC, originally known as Mufindi Community Bank LTD (MuCoBa), holds the distinction of being Tanzania’s first community bank. Established in December 1998 and licensed by the Bank of Tanzania (BOT) in May 1999, MUCOBA Bank has been dedicated…
The Tanzania Association of Microfinance Institutions (TAMFI) made a significant impact at the Nane Nane International Exhibitions 2024, held at the Nzuguni grounds in Dodoma from August 1st to 8th. This year, TAMFI’s participation focused on a critical nexus—promoting social financing for renewable energy…
From the sun-baked shores of Dar es Salaam to the cold, misty highlands of the Southern region, TAMFI’s recent Strategic Project Monitoring tour was a testament to the vast geographical reach and impact of our association. Our journey takes us through the winding roads…
For the past three years, the Tanzania Association of Microfinance Institutions (TAMFI) has been leading the charge in revolutionizing financing pathways for microfinance institutions. With a keen focus on developing and adopting modern financial products, TAMFI is driving significant advancements in renewable energy, clean…
Charles Mott Foundation Visit On July 12th, 2024, Dr. Robert Ddamulira from the Charles Mott Foundation visited TAMFI to receive updates on the Productive Use of Renewable Energy (PURE) Program. The visit was accompanied by: Water.org African Leadership Visit On July 17th, 2024, the…
Ask Yourself These Questions: If you find yourself buying everything you see at the market after getting money or if you tend to spend more than you save, your future financial stability might be at risk. You need a budget. A budget helps you…
Engishon Microfinance Limited is a pioneering institution in Tanzania, distinguished as the first microfinance initiative established by pastoralists, specifically for the empowerment of marginalized women and youth within their communities. Founded in 2009 as a sub-program of the Pastoral Women Council (PWC), Engishon has…
WEDAC, as a company limited by guarantee, was registered on 26th June 2000 under the Companies Ordinance (Cap. 212). WEDAC was incorporated to take over the operations carried out by Monduli Rural Credit Scheme for Women (MRCSW), which was initiated by the Monduli District…
MMCL Finance Limited (MMCL-FL), A Housing Microfinance Company, established and registered on July 24 2018, operates as a non-deposit taking microfinance service provider. MMCL-FL specializes in offering housing and business loan products to low- and middle-income households across urban and rural areas. Additionally, it…