Round 3 of SME Finance Innovation Challenge fund calling for applications
The FSDT is pleased to announce the Third Round of the SME Finance ICF Competition which will be officially opened on 5th December, 2013 and closed on 28th February, 2014.
The Financial Sector Deepening Tanzania (FSDT) is a donor-funded financial sector market facilitator that aims to achieve poverty reduction through a transformative financial sector that offers quality, inclusive and sustainable financial solutions to improve the livelihood, wellbeing, and empowerment of underserved Tanzanians.
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The FSDT is pleased to announce the Third Round of the SME Finance ICF Competition which will be officially opened on 5th December, 2013 and closed on 28th February, 2014.
To support NMB improve its banking convenience, by providing a faster, flexible and affordable channel to the un-banked Tanzanians and bank clients
NMB was to extend credit facilities to agro-dealers based on the bank’s lending policies and procedures for overdraft facilities. Eligible agro dealers were required to pledge collateral covering the overdraft facility to at least 62.5% of forced sale value.
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