LOLC Tanzania Financial Services Ltd (formerly Tujijenge Tanzania) has a proud history of providing inclusive financial solutions to Tanzanians since its founding in 2006. Over the years, it has grown to serve over 80,000 clients, disbursing loans amounting to more than 100 billion Tanzanian Shillings.
In 2021, LOLC Group – a Sri Lankan multinational conglomerate with microfinance operations in 21 countries – became the majority shareholder. This strategic partnership has laid a strong foundation for growth, enabling it to deepen its impact and ensure Tanzanians continue to benefit from innovative financial services tailored to their unique needs.
A New Chapter: Rebranding to LOLC Tanzania
In October 2024, Tujijenge Tanzania Financial Services officially rebranded to LOLC Tanzania Financial Services. This transformation reflects its alignment with LOLC Group’s global vision of uplifting communities, expanding financial access, and fostering economic growth across Tanzania. Being part of this globally trusted network strengthens its ability to deliver quality services and drive sustainable development.
Diverse Loan Products
LOLC Tanzania offers a wide range of loan products designed to meet the diverse needs of its customers:
Gari Loan – Ideal for individuals and businesses looking to purchase private or commercial vehicles, including both brand new and used vehicles, whether registered or unregistered in Tanzania.
Biashara Loan – Tailored for business owners aiming to boost working capital and expand their operations.
Binafsi Loan – A personal loan designed to cater to individual financial needs and personal consumption.
Ajira & Mshahara Loan – Specially crafted for both private and government employees to support their financial goals.
Corporate Social Responsibility (CSR) Initiatives
As part of its commitment to community development, LOLC Tanzania conducted financial education and record-keeping training sessions for its existing customers in October 2024. This initiative aimed to enhance financial literacy and equip participants with the skills needed to maintain accurate financial records. Certificates of participation were awarded to all attendees.
Looking Ahead
LOLC Tanzania is proud to embrace this new identity and continue its mission of creating lasting economic opportunities for all Tanzanians. We remain committed to supporting our clients with tailored financial solutions that drive personal and business growth.
Get in Touch
For more information, please reach out to us or visit our updated website at www.lolc.or.tz. Hotline: +255 739 611 612
Office: +255 739 611 618
Email: lolctanzania@lolc.co.tz