Monday, October 28, 2019

Vision Fund International Tanzania Jobs Vacancies, Branches, Contacts, Loans & Mikopo,

VisionFund Tanzania is part of World Vision Family and a member of the VisionFund International network. VisionFund Tanzania provides microfinance products and services to those of limited means in a way that is honoring to the Lord. We are currently the 4th largest and fastest growing microfinance institution in Tanzania. 

VisionFund Tanzania started its operations in 1996 and was known as SEDA. In 2014, VisionFund Tanzania was regulated as a Microfinance Bank by the Central Bank of Tanzania. Our goal is to provide financial services and products that meet the needs of low income families and communities in the way that is honoring to the Lord.

With a slogan, "Together in Christ, together we build," VisionFund Tanzania believes in building brighter futures for children, empowering families to create incomes and jobs and also unlocking the economic potential for communities to thrive. 

Vision Fund Tanzania Locations

VisionFund Tanzania Microfinance Bank (VFT) has 10 branches, 32 Outreaches and 3 field offices throughout the country with our headquarters located in Arusha.

Vision Fund Tanzania Have Branches In The Following Towns and Cities Mbeya, Iringa, Dodoma, Nzega, Shinyanga, Mwanza, Morogoro, Tanga, Korogwe.

Vision Fund Tanzania Loans

We offer loan and saving products, where our clients are encouraged to save and borrow carefully for investment. We focus on providing foundational training, including subjects like financial literacy, business basics, life skills and an empowered worldview.

VisionFund Tanzania provides its financial services using VisionFund Tanzania Vap - a Cashless Mobile Banking Platform that enables people to receive, pay back loans and save. We have also developed a tablet-based solution that will make internal processes, including the loan saving account application processes, paperless. This system also has GPS mark and biometrically tags all clients and internal transactions to reduce opportunities for fraud. 


VFT Loans
1. BUSINESS LOAN (BIASHARA LOAN)
This is a group loan for the purpose of doing business to generate regular income that comes monthly, weekly or daily. The purpose of this product is to serve low income earners who have very little or no value collateral.

Main features
    Minimum loan amount Tshs. 50,000/= to Tshs. 400,000/=
    Maximum loan amount of up to Tshs. 5,000,000
    Collateral is managed by the group
    No charged fee
    Repayments are done once every month
    Interest charged at competitive rate

Basic Requirements
    The group should be 6 to 25 members or more
    Must know other members of the group very well
    Must come from the same area
    Must not involve family members in the group
    Must be a Tanzanian

2. CAPITAL LOAN (JIENDELEZE LOAN)
This is a group loan for the purpose of serving clients whose income level is more than the "Business Loan" borrowers, but they still do not have good collateral for their loans.

Main Features
    Minimum loan amount Tshs. 500,000/= to Tshs. 700,000/=
    Maximum loan amount of up to Tshs. 5,000,000/=
    No charged fee
    Repayments are done monthly
    Interest charged at competitive rate

Basic Requirements
    The group should be 3 to 5 members
    Must know other members of the group very well
    Must come from the same area
    Must not involve family members in the group
    Must be a Tanzanian

3. INDIVIDUAL LOAN (KITITA LOAN)
This is an individual loan that is intended to finance borrowers who have more established small or medium businesses. Potential borrowers can include those who are from group products.

Main Features
    Minimum loan amount Tshs. 1,000,000/= to Tshs. 2,000,000/=
    Maximum loan amount of up to Tshs. 10,000,000/=
    No charged fee
    Repayments are done after 6 months or 1 year
    Interest charged at competitive rate

Basic Requirements
    A VFT mature client OR new client with a good character
    Must have an external guarantor
    Must have a verifiable business
    Must have an affidavit on the pledged collaterals

4. AGRICULTURE LOAN (MKOMBOZI LOAN)
This is a group loan that is specifically designed for smallholder farmers.

Main Features
    Minimum loan amount Tshs. 100,000/= to 250,000/=
    Maximum loan amount of up to Tshs. 3,000,000/=
    No charged fee
    Repayments are done maturity
    Interest charged at competitive rate

Basic Requirements
    The group should be 6 to 30 members or more
    Must know other members of the group very well
    Must come from the same area
    Must not involve family members in the group
    Must be a Tanzanian

Vision Fund Tanzania Careers & Jobs

Our 7,000 strong workforce operate in over thirty countries to unlock potential across the world. By joining our team you will become part of one of the fastest growing sectors that is changing the lives of millions of children.

The positions listed in their website are currently vacant at VisionFund. Please click on the yellow links to learn more about these positions:

Vision Fund Tanzania Office & Contacts

Headquarters:
VisionFund Tanzania
Microfinance Bank
India Street, Blue Plaza Building - 6th Floor
P.O. Box 1546
Arusha - Tanzania

Telephone:
Main Office Phone: +255 27 3921, +255 27 254 8218
Main Office Fax: +255 27 254 8273
 Email recruitment@visionfund.org
Email: info@vftz.co.tz

VISIONFUND CAREER / JOBS LINK

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