SELF Microfinance Fund is a government-owned financial institution under the Ministry of Finance. It provides affordable financial services and capacity building to individuals, groups, and institutions—particularly those in the micro, small, and medium enterprise (MSME) sector—to promote financial inclusion and sustainable development.
Loan Products
What types of loans does SELF MF offer?
SELF MF offers a wide range of loan products tailored to different client needs, including: • Agriculture Value Chain Loans • Microfinance Institution (MFI) Loans • SME and MSME Loans • Cluster Loans (Boresha Loan) • Employee Loans • Purchase Order (PO) Financing • Clean Energy Loans • House Improvement Loans • Youth Entrepreneurship Loans (e.g., Mobile Coffee Shop Financing)
What are the interest rates and repayment terms?
Interest rates and repayment periods vary depending on the loan type and purpose. SELF MF ensures all terms are affordable and designed to promote long-term business growth and sustainability.
Who can borrow from SELF MF?
Eligible borrowers include: • Microfinance Institutions (MFIs), SACCOS, and AMCOS • Micro, Small, and Medium Enterprises (MSMEs) • Smallholder farmers and agribusiness groups • Salaried employees with stable income • Youth and women entrepreneurs
Do SELF MF loans require collateral?
Yes, collateral or security is required depending on the loan product and borrower type. Accepted forms include group guarantees, business assets, or institutional guarantees from partner organizations.
Application Process
How can I apply for a loan?
You can apply for a SELF MF loan through: • Partner financial institutions such as SACCOS, AMCOS, and MFIs • Directly at SELF MF regional offices or the Head Office in Dar es Salaam Applicants must fill out a loan form and submit the required supporting documents.
What documents are required?
Common requirements include: • Completed loan application form • Business license or registration certificate • Recent financial statements or bank records • Valid identification (NIDA, passport, or voter’s ID) • Business plan or project proposal (for selected products)
How long does the loan process take?
Loan processing typically takes 2–4 weeks, depending on the loan type, completeness of documentation, and verification process.
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SELF Microfinance Fund offers nationwide financial inclusion support through affordable loans, training, and insurance for individuals, MSMEs, and institutions.