Features

• Opening Balance- NIL
• Minimum operating balance is TZS 50,000/-
  

• Submit copy of registration of the group/Organization either from Brela, NGOs or Municipal Council

• Submit constitution of the Organization (Memart, Partnership deed)

• Maintenance fee- Free

• Copy of ID to each signatory

• Group must be sustainable

• Open account for at least three months to access loan

• Transfer account from other bank and get loan within one month based on good record from the previous bank

Benefits

• Earned good interest rate of 5% per annum
• Be lined with credit line of up to 80% of credit amount
• Group members to access NHIF medical services under umbrella body of their VICOBA at TZS. 76,800 per person per annum.