MSE Loans

Overview

MSE Loans are designed to support micro and small entrepreneurs by providing funding to expand and grow sustainable businesses. These loans aim to empower business owners with the resources needed to scale their operations and achieve long-term success.

  • Applicants can borrow from TZS 500,000 to a maximum of TZS 50,000,000;
  • It provides funds for working capital and micro investment needs;
  • Competitive interest rates and affordable terms;
  • The bank provides advisory services to borrowers;
  • Borrowing can be secured against traditional or nontraditional securities;
  • Repayment period is up to 24 months to accommodate the pressures and needs of micro and small entrepreneurs in line with their cash flow
  • Customers are eligible for Insurance Premium Financing

  • Applicants must be at least 18 years of age;
  • At least 6 months experience in the same business;
  • Must be located within the vicinity of CRDB branch;
  • Must have a steady cash flow;
  • Applicants must have a premise owned or rented.
  • Applicants must open or have a business account - Hodari Account.

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