In the serene Lumoji village, in Magu district, Mwanza region, Teddy Sylvester Paulo, a resilient 41-year-old widow, discovered an opportunity to elevate her family’s living conditions through the support of VisionFund Microfinance Bank Tanzania. Facing the challenge of inadequate toilets in her community, Teddy,…
Meet Agripina Kiyogoma, a thirty-six-year-old nurse married to a farmer, residing in Misengeleni village, Mpanda District in the Rukwa region. Agripina, a client of Enokwe Finance Limited, is not just a beneficiary of a solar lighting loan; she is a storyteller illuminating the transformative…
In the remote village of Kashai Veta, Sumbawanga region, Stella Alex Andrew, a resilient 37-year-old entrepreneur and widow, faced daily challenges that many take for granted – the absence of access to clean water and proper sanitation. Living with her four children, Stella’s source…
In a significant stride towards bolstering the microfinance landscape in Tanzania, ICRA Rating Agency Limited has joined hands with the Tanzania Association of Micro-Finance Institutions (TAMFI). The Memorandum of Understanding (MOU) formalizing this collaboration was signed on January 25, 2024, in the presence of…
The Bank of Tanzania (BOT) is actively crafting a Fintech regulatory sandbox as part of its commitment to fostering financial technologies (FinTechs) and innovations. This initiative seeks to create an enabling regulatory environment that promotes inclusive and efficient financial services and product delivery. The…
Financial Education Curriculum for Certified Financial Educators Launched in Dar es Salaam “Financial education is a one-time investment that will always pay you. People can steal your possessions, but no one can steal from you whatever you have gained in financial education. Once you…
Charles Shabani Omari, aged 54 years old, is a member of SameKaya SACCOS residing at Hedaru ward, in Kilimanjaro region. He is married to Sara Said Kitivo and they have three children. Charles runs a hair salon at Hedaru centre, popularly known as Bonge…
On the 19th October, 2023 TAMFI and its members had an opportunity to engage and dialogue during the Renewable Energy Financing Platform Event organized by TAREA and SOARING-REEEP in Dar es Salaam. The event brought together a good number of key stakeholders from Government…
In a collaborative effort to propel Microfinance Institutions (MFIs) into the digital era, the Tanzania Association of Microfinance Institutions (TAMFI) in collaboration with the United Nations Capital Development Fund, Tanzania (UNCDF) held a transformative workshop titled “Accelerating Microfinance Institutions Towards Digitization” held on December…
Naomi Sanskey Kasagila (38) lives at Kaungwa, Lichwe village in the Sumbawaga District, Rukwa region Tanzania. She is an entrepreneur who is married and has three children. Her household consists of five people. She also has one tenant whose household consists of four people….