Emergency Loans

Can I get emergency loan in Tanzania?

Yes you can. We offer express loans to our existing customers so they can sort out an unforeseen need or expenditure. We understand the speed at which modern businesses need to operate. If you are looking for an emergency loan, call or visit us today and find out if you qualify.

Fanikiwa Microfinance

What is Fanikiwa Microfinance?

Fanikiwa is a microfinance company that provides credit in terms of loans to businesses, government employees and individuals in selected companies. We have offered these services for more than 8 years now. More than 10,000 people in Tanzania have benefitted from our services.


Do you have a branch near me?

Yes. We have branches all over the country. We have offices in Zanzibar, Ilala, Buzuruga, Katoro, Moshi, Handeni, Mombo, Temeke, Dodoma, Morogoro, Kigoma, Tabora, Masasi and Ubungo. Scroll to the bottom of this page to find the specific locations and contact numbers of your nearest branch. We will be opening more branches in the coming months to ensure all deserving Tanzanians benefit from our services.


Are the loans affordable for all small businesses?

Yes. In fact, we are interested in supporting small businesses like yours advance to the next level. We understand the important role that you play in our economy and we seek to boost your efforts with affordable business loans.

Do I qualify for a loan?

You could qualify for a loan of you are employed by the Tanzania government or public parastatals. If you have been operating a small business with steady income for at least 6 months, feel free to call us or visit your nearest Fanikiwa branch.

Repayment Period

How long is the repayment period?

The repayment period usually depends on several things. These are the amount borrowed, the interest rate, the type of business you operate and your monthly income among others. We can advise you on the best repayment period so you can grow your business fast.

What is the interest rate?

It depends. Factors such as the loan amount, duration of loan and type of business usually determine the interest rate. Our loans officers are ready, able and happy to discuss this with you, as it is usually a personal matter.


What are the requirements?

You must have operated your SME for at least 6 months in current location. The business rent/lease agreement should cover the period of the loan agreement. You must be a Tanzanian national and aged 18 -65 years at the time of application. Finally, you should provide acceptable collateral to secure the loans and have predictable cash flow.

Where should I start?

Once you set foot in the office, you will be informed about qualifications, interest rate, loan amount and repayment period among other details. While at it, ask as many questions as possible so we can tailor our products to fit your business perfectly.


What collateral do I need to secure a loan?

In some cases, your financial documents are enough to secure you a business loan. In others, you may have to produce a title deed, vehicle logbook, building or house. Call our customer support team to understand more details.