Descriptions
SUMMARY
OVERVIEW
Loan Officer job vacancy at Good Fund Microfinance Limited Job advertisement 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 [...]
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.
REQUIREMENTS
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- 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 [...]
HOW TO APPLY
Use the application link below to open the official application form.
