Good Fund Microfinance Limited (GFML) is a private limited liability company incorporated in Tanzania in February 2024. The company was licensed by the Bank of Tanzania on 20th December 2024 and commenced operations in 2025. GFML currently operates in Dar es Salaam and the Pwani Region.
GFML aims to build a sustainable socio-economic ecosystem that addresses economic challenges and supports community development. The company focuses on empowering low-income individuals, particularly women, by expanding access to affordable financial services.
GFML is seeking a proactive and target-driven Loan Officer to grow and manage a quality loan portfolio. The successful candidate will identify and recruit clients, conduct field assessments, form and manage borrower groups, assess loan applications, and monitor repayments. The role requires regular fieldwork, strong customer service, effective loan recovery, and close collaboration with the Senior Loan Officer and other team members.
Position details
- Position: Loan Officer, 1 Position
- Reports to: Chief Executive Officer
- Location: Dar es Salaam and Pwani Region
- Contract duration: One year
Key job responsibilities
- Build, maintain, and grow a healthy loan portfolio in line with GFML’s lending policies and targets.
- Identify, recruit, screen, and assess prospective clients against the eligibility criteria for GFML products.
- Explain GFML’s loan products, eligibility criteria, terms, conditions, fees, and repayment schedules to clients.
- Mobilize clients and form borrower groups in line with approved procedures and agreed recruitment targets.
- Conduct proactive field marketing, community outreach, and client acquisition activities.
- Maintain regular contact with borrower groups and individual clients through field visits and follow-up.
- Assess clients’ businesses and income-generating activities and collect information required for loan appraisal.
- Monitor repayment schedules, collect instalments in accordance with approved procedures, and follow up promptly on missed payments.
- Support loan disbursement processes and monitor repayment performance throughout the loan cycle.
- Verify clients’ identity, business locations, guarantors, residential details, and other required supporting documents.
- Prepare accurate weekly and monthly reports on client recruitment, loan performance, arrears, and recovery.
- Submit complete loan applications to the Credit Committee for review, recommendation, and approval in line with GFML procedures.
- Provide professional, respectful, and timely customer service to clients.
- Deliver financial education to clients on responsible borrowing, business management, savings, and repayment obligations.
- Attend and monitor at least two group meetings per day, where applicable, and reconcile client passbooks and records.
- Complete daily documentation and update client and loan records accurately.
- Prepare weekly cash requisitions for approved loan disbursements and other authorized operational expenses.
- Conduct timely loan recovery and follow-up activities and escalate cases in accordance with GFML procedures and applicable law.
- Protect confidential information and comply with GFML’s confidentiality and non-disclosure requirements.
- Maintain an orderly filing system and secure, accurate records for client and Company documents.
- Prepare administrative forms, client documents, and other related records as required.
- Support the coordination and documentation of meetings and other operational activities as assigned.
Academic qualifications and experience and competencies
- Diploma /Bachelor’s degree in Business Administration, Accounting, Banking, Commerce, Marketing or other related studies
- At least 6 years of experience in microfinance industry.
- Having a string knowledge of group loans and Individual loans
- Ability to assess and organize beneficiaries to form groups
- Ability to monitor the beneficiaries and provide weekly updates and weekly reports
- Ability to work independently under management supervision
- Excellent knowledge and drafting skills in English
- Flexibility and strong communication skills
- Competency in Microsoft applications including Word, Excel, and Outlook
- Willingness and ability to conduct regular field visits and work with clients in different communities.
- Ability to assess clients’ businesses and income-generating activities.
- Good record-keeping, documentation, and report-writing skills.
- Computer literacy, particularly in Microsoft Word and Excel; knowledge of loan management or ERP systems will be an added advantage.
- Ability to work independently, meet client recruitment and group formation targets, and work effectively under the supervision of the Loan Officer.
- Honest, trustworthy, self-motivated, and committed to maintaining client confidentiality.
Application instructions
- All interested candidates, who meet the above requirements, please Click here to apply for the position on or before 05th November, 2026. Or Scan QR CODE attached in the advert.
- When applying please attach detailed curriculum vitae containing complete names and addresses (postal, email, phone), together with names and contact details of three referees.
- All applications should be addressed to Chief Executive Officer, Good Fund Microfinance Limited, P.O. Box 33104, Dar es Salaam.
- Only shortlisted applicants will be contacted through their active mobile numbers and email addresses.
- Good Fund Microfinance Limited Tanzania will not be responsible for transport or/and accommodation during the interview; there will be no refund for the expenses incurred.
How to Apply:
Job type Full-time Job, To submit your application, please follow the link provided below.
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