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FINCA Microfinance Bank Tanzania

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    • From Left to right: Board Chairman, FINCA, Mike Gama-Lobo; Chief Executive Officer, FINCA Microfinance Bank, Tanzania, Issa Ngwegwe; Board member, FINCA Tanzania, Monica Joseph; Deputy Permanent Secretary, Ministry of finance and planning, Ms. Amina Shabaan; President and CEO, FINCA Impact Finance, Andree Simon; Deputy Governor, Bank of Tanzania, Financial Stability and Deepening, Dr. Bernard Kibesse; Principal Economist, Ministry of finance and planning, Deonisia Mjema; Board member, FINCA Tanzania, Kelvin Twisa (1)
    • From Left to right: Board Chairman, FINCA, Mike Gama-Lobo; Chief Executive Officer, FINCA Microfinance Bank, Tanzania, Issa Ngwegwe; Board member, FINCA Tanzania, Monica Joseph; Deputy Permanent Secretary, Ministry of finance and planning, Ms. Amina Shabaan; President and CEO, FINCA Impact Finance, Andree Simon; Deputy Governor, Bank of Tanzania, Financial Stability and Deepening, Dr. Bernard Kibesse; Principal Economist, Ministry of finance and planning, Deonisia Mjema; Board member, FINCA Tanzania, Kelvin Twisa (2)
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Source: FINCA Microfinance Bank Tanzania |

FINCA celebrates 20 years of impacting Tanzania!

The journey has seen FINCA evolve from a Microfinance institution to a full-fledged innovative bank

FINCA Micro-Finance Bank (www.FINCA.co.tz), a leading financial institution in Tanzania is marking its 20 years of serving and creating impact in Tanzania. The bank was established in 1998 as a microfinance institution providing loans to SMEs and entrepreneurs and has now evolved into a full-fledged bank that offers innovative products…

FINCA Microfinance Bank Tanzania
Source: FINCA Microfinance Bank Tanzania |

FINCA trailblazes digital financial inclusion drive in Tanzania

Country’s fastest growing micro-finance institution partners with the Mastercard Foundation to boost Africa’s financial inclusion

Efforts to bolster digital financial inclusion in Tanzania and indeed other countries in Africa have received a shot-in-the-arm following a productive conference organized by FINCA Micro-Finance Bank Tanzania (www.FINCA.co.tz) in partnership with the Mastercard Foundation (www.MastercardFdn.org). Bringing in experts, institutions and other players in the financial sector, the conference, held in…

FINCA Microfinance Bank Tanzania
Source: FINCA Microfinance Bank Tanzania |

FINCA accelerating financial inclusion through FinTech innovation in Tanzania

The bank is currently running an awareness campaign showcasing the importance of saving and educating customers on how the new technology works

According to the 2014–2016 Tanzania National Financial Inclusion Framework the level of formal financial access in the rural areas of Tanzania is 8.5% compared to 23% in the urban areas and totally excluded rural population is 60% compared to 45% in urban areas. The ninth edition of the Tanzania Economic…