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We enhance, strengthen, act in mutual interests and develop microfinance institutions in Tanzania

Philosopy

Tanzania Association of Microfinance Institutions is a Tanzania National Network for Microfinance Institutions and Service providers providing services to the microfinance institutions and clients of microfinance services.

It is platform for all microfinance stakeholders (institutions) which allows microfinance stakeholders to meet, discuss, dialogue, present, argue, voice their concerns and interests , network and collaborate for the purpose developing the microfinance sector in the country.

MISSION

TAMFI Mission is to act as Network and Voice for Tanzania Microfinance Institutions providing useful linkages and networking services to members and promote responsible financial services.

VISION

To become an active network functioning in more than fifteen (15) Regions of Tanzania

OBJECTIVES

  • To enhance, strengthen, to act as a forum in addressing mutual interests and develop microfinance institutions in Tanzania
  • To provide coordination and linkage service of microfinance players in Tanzania – play a role of being a Network of Microfinance Institutions.
  • To initiate undertake and promote strategies or activities which enhance growth of microfinance sector as a means to contribute towards poverty eradication strategy.
  • To initiate carry out and promote research in matters related to microfinance service with the aim of enabling  the microfinance institutions to become  more effective and productive in economic and social development activities
  • To promote acts and practices that encourage responsible microfinance services i.e. having in place code of conduct
  • To undertake and promote microfinance activities which support  the development of microfinance industry in the country
  • To undertake and promote networking, advocacy and lobbying with the aim of promoting and capacity building of microfinance institutions initiatives.

 MEMBERS EXPECTATIONS TO TAMFI AS A NETWORK

TAMFI is expected to perform and attain the following qualities and results: –

5.1 Institutional Level – seen to be:

  1. An inclusive network – More organizations are joining the organization
  2. A National Network: We are present at all levels and in all regions and districts in the country. Have an effective and less costly mechanism and technology to attain the national presence
  3. A United voice – speak as one
  4. Active internationally  – Strongly  East Africa, Africa and International arenas
  5. Increased collaboration among members
  6. Benefit members – develop and deliver services that address important member’s needs/issues.

5.2 Industry Level

  1. Leading the industry in organizing the industry – want to see the industry become more organized
    1. Have a united voice
    2. Participate and be recognized in National issues and activities – have influence in decision making with regard to microfinance issues
    3. Increase in number of formalized and regulated MFIs

ROLE OF TAMFI IN THE INDUSTRY AND SECTOR

TAMFI has a role of coordinating Microfinance Institutions with various stakeholders of Microfinance services in and outside the country and representing Tanzania Microfinance Institutions/industry in various forums.  Among the major stakeholders of microfinance services include, the Government, Central Bank, Donors, Development partners, financiers, investors and clients of microfinance services.

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Platform for all microfinance stakeholders

Tanzania Association of Micro finance Institutions (TAMFI) is a not-for-profit umbrella organization for micro finance institutions in Tanzania. It was formally registered in 2001 as a sole network for micro finance activities in the country. Members include Commercial, Community and Microfinance Banks, NGOs, Private MFIs, SACCOS, apex of informal groups, micro -insurance company and Business Service Providers. The association seeks to develop capability of micro finance institutions and the micro finance sector in general through advocacy, lobbying, research and development, responsible micro finance, capacity building, and information gathering and dissemination. The National Micro finance Policy also assigns the task of developing and ensuring application of standards to the network.

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Get in Touch

TAMFI offices- 54A Uporoto Street. P. O. BOX 950 Dar es Salaam E-mail: info@tamfi.co.tz

Phone:   255 764 668 331

E-mail: info@tamfi.co.tz

Web:     https://tamfi.com

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