A new AccessBank Tanzania branch set to open in Kahama District, Shinyanga Region will offer agro loans to local farmers, the bank has announced
The branch opening follows AccessBank Tanzania’s strategy to expand its services to the Lake Zone area and to other regions in the country.
AccessBank Tanzania CEO Roland Coulon said, “We are happy to open our second upcountry branch in Kahama (after Mwanza) as we are further fulfilling our mission to be a socially responsible bank for the lower- and middle-income strata of the Tanzanian society.”
Coulon added that he hopes residents will enjoy the new ways of banking and the convenient and affordable products that will be provided.
“AccessBank loans are very accessible, attract no fees and can be as low as TZS 100,000 (US$62) while our retail products are very simple and inexpensive,” he explained.
Pawel Wodz, head of credit at AccessBank Tanzania, confirmed that the bank is in the final stages of introducing agro loans for individual farmers in Kahama with similar conditions as the current microloans for traders.
Hits: 5344
The South African government has made a commitment to help the country’s citrus farmers forge trade links with its BRICS partners
Hits: 4725
Zanaco Bank Plc this year is expected to issue more than US$90,000 worth of agricultural loans aiming to improve the livelihoods of small-scale farmers in Zambia
Hits: 5078
Kenyan flower farms have started investing in solar panels in an attempt to get access to a stable power source and cut electricity costs
Hits: 6769
Up to 50,000 farmers have so far participated in Rwanda’s government-backed Hinga Urishingiwe crop insurance scheme, the country’s Ministry of Agriculture and Animal Resources has revealed
Hits: 6242
Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com