AccessBank Tanzania

microfinance.
Business Loans

One of the main objectives of AccessBank Tanzania is to enhance and broaden the availability of loan facilities to micro, small and medium-sized enterprises (MSMEs) in the country. The lending products are directed primarily at such businesses which have outgrown the capacities or structures of existing “microfinance institutions” (i.e. non-bank organisations which provide very small loans to entrepreneurs or groups of entrepreneurs) but are either not yet eligible for conventional bank credit or have seen their efforts to borrow from banks frustrated by their bureaucracy or collateral requirements.

Credit amounts in our business loan product line are currently ranging from as little as TZS 100,000 to TZS 50 million, although larger applications are considered on a case-by-case basis. The amounts and other terms granted to successful applicants are generally tailored in accordance with the size and absorption capacity of the borrower business.

Prospective borrowers must be ready to provide full and open disclosure of their financial situation.

Online Enquiry Form for interested SME Loan Clients
Loans to micro and small businesses

AccessBank also provides loans to micro and small businesses from TZS 100,000 up to TZS 25,000,000, with a maximum maturity of 18 months.

Benefits include:
Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property etc.)
Less documentation requirements than most other banks in the marketplace. No audited financial statements required.
Loan amounts and maturities are tailored to the strength and nature of your enterprise.
No hidden costs such as additional fees and commissions: You only pay the interest (starting from 3.5% p.m. on declining balance, depending on amount and credit history). Do not let yourself be fooled by lower nominal rates elsewhere - meet our loan officers today for an indicative price proposal and compare with your current creditor.
Long-standing clients with impeccable repayment record qualify for successive interest rate discounts and even faster loan processing.
No borrower groups.

Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.
Branches

Kijitonyama Branch
Derm House
Kijitonyama ( opposite the Makumbusho Village Museum )
Ali Hassan Mwinyi Road
Tel: +255-22-2774380
Fax: +255-22-2774370

Temeke Branch
Temeke ( opposite the Temeke District Hospital )
Temeke Street
Tel: +255-22-2857095
Fax: +255-22-2887098

Kariakoo Branch
Summit Tower
Kariakoo ( opposite Mnazi Mmoja )
Lumumba Road
Tel: +255-22-2185241
Fax: +255-22-2185247

Manzese Branch
Manzese ( close to the foot bridge, 'darajani' )
Morogoro Road
Tel: +255-22-2401355

Email : info@accessbank.co.tz