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 […]
The National Microfinance Policy 2017 which will replace 2000 policy, will be launched on 30th October 2017. The event will take place at Treasury House, from 8.30 onwards. All Microfinance Stakeholders in the country are welcome to participate.