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Microfinance
The NMB Microfinance product serves the financial needs of small micro
entrepreneurs in Tanzania and help them to reach their goals.
The NMB microfinance product
has been specifically designed to not only provide finance to micro
entrepreneurs, but also to help them manage their loans. They will
gradually learn how to obtain and repay a loan, whereby the amount that
they are allowed to borrow increases each time a previous loan has been
successfully repaid.
NMB offers the micro entrepreneurs much more than just microfinance loans. They can also have access to the many personal banking
products. They can have their own current account, savings account and
even an NMB card to withdraw money from NMB's nationwide ATM network.
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