SMEs Loans

SMEs in Azania Bank Limited means Small and Medium Scale Enterprises engaged in formal business undertaking with capital investment of up to Tshs 200.0 Million and a working capital requirement of up to Tshs 50.0 Million.

The first loan for any SME will be from T.Shs. 500,000/= to a maximum of T.Shs. 50,000,000/=.  Subsequent loans will be subjected to other lending practises per bank’s Credit Policy including submission of acceptable/landed property collaterals.

General Requirements

The SME application form should be accompanied by the following documents;

  • A written application specifying the amount requested, purpose, justification, repayment period, method of payment and source of repayment and account number with Azania Bank Ltd.
  • Photocopy of title deed (Certificate of Right of Occupancy) with lease hold remaining not less than three years or other collateral accepted by the Bank
  • Account operation with Azania Bank Limited not less than six month and/or one year bank statement from other banks
  • Reliable sources of income to service the loan
  • Maximum repayment period of 3 years
  • Photocopy of business license
  • Photocopy of Certificate of TIN
  • Business plan
  • Cash flow projections for the next 12 months
  • 2 Passport size photos
  • Photocopy of Identity Card

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