Based out of the northern city of Arusha and with branches in several areas of the country, ECLOF Tanzania serves micro entrepreneurs and farmers, most of them women, with loans and related non-financial services. 1 in 4 loans finance smallholder agriculture. Most clients organize into self-help groups co-guaranteeing for each other’s loans to make up for the lack of bankable collateral.
Head Office: Arusha Branches
USD 1.8 million outstanding portfolio 5,866 clients
USD 270 average group loan USD 5,071 average individual loan
Established in 1961 Head office in Arusha 6 branches 59 staff 49% loan officers
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