FAQS
What services does VisionFund Tanzania Microfinance Bank (VFT MFB) offer?
VFT MFB provides microloans, SME loans, agriculture loans, education loans, saving products and Insurance services. The bank focuses on supporting low-income entrepreneurs, farmers and small businesses for improved livelihoods.
Who is eligible to apply for a loan?
Eligibility depends on the product, but generally:
- Individuals with a small or medium business
- Group members
- Farmers or agribusiness operators
- Clients who can demonstrate a stable income or viable economic activity
- Supportive documents and identity verification are required.
How long does it take for a loan to be approved?
Loan approval typically takes 2–7 working days, depending on; Loan type, Client readiness, Completion of required documentation & Field appraisal timelines
Does VisionFund Tanzania offer mobile banking services?
Yes. Clients can repay loans and access account services through mobile dialing *150*25# or other digital channels. Details are provided during onboarding.
Will I be able to receive alerts for every transaction I make?
Yes, you will be able to receive alerts for every transaction you made; sending /receiving money or bills payments.
How safe is my money?
Your money will be safe in the banking system, and no one else except yourself can access it. Just do remember to keep your Mobile PIN to yourself.
How do I apply for a loan?
Visiting the nearest VFT MFB Branch or Business Centre or contact us via 0800 758 723 or email us info@vftz.co.tz;
Where are VisionFund Tanzania branches located?
VFT MFB operates in multiple regions through 46 business centres.