Descriptions
SUMMARY
OVERVIEW
Assistant 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 20 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 motivated and customer-focused Assistant Loan Officer to support client recruitment, field surveys, group formation, loan application processing, and repayment monitoring. The successful candidate will work closely with the Loan Officer and Senior Loan Officer and will spend substantial time in the field identifying potential clients, assessing businesses, forming borrower groups, and supporting responsible access to finance Position details Position: Assistant Loan Officer, 1 Position Reports to: Senior Loan Officer Location: Dar es Salaam [...]
RESPONSIBILITIES
- Conduct field surveys to identify prospective clients, understand community needs, and recommend suitable areas for GFML services.
- Recruit and mobilize prospective clients through field visits, community outreach, referrals, and direct marketing.
- Form, organize, and support new borrower groups in accordance with GFML’s group-lending procedures.
- Screen prospective group members and confirm that they meet the eligibility
REQUIREMENTS
- for GFML loan products.
- Visit clients’ businesses and income-generating activities to understand operations and assess basic repayment capacity.
- Explain loan products, eligibility
REQUIREMENTS
- , terms and conditions, and repayment schedules clearly to prospective and existing clients.
- Assist clients to complete loan application forms and gather all required supporting documents.
- Verify client identification, business and residential details, guarantor information, and other relevant documents.
- Help organize group meetings and provide basic financial education on responsible borrowing, business management, and loan repayment.
- Monitor repayment progress, follow up on overdue instalments, and assist with loan recovery activities.
- Make regular field visits to maintain client relationships, monitor business progress, and identify repayment challenges early.
- Support loan disbursement follow-up and ensure clients understand their repayment obligations.
- Maintain accurate and up-to-date client records, group registers, loan files, and confidential documents.
- Submit daily activity updates and weekly and monthly reports covering surveys, recruitment, group formation, applications, and repayments.
- Support the Loan Officer in maintaining portfolio quality and identifying potential credit risks.
REQUIREMENTS
- .
- Carry out other relevant duties assigned by the Loan Officer or management Academic
QUALIFICATIONS
- and experience and competencies Diploma or Bachelor’s degree in Business Administration, Accounting, Finance, Banking, Marketing, Commerce, or a related field.
- At least two years of relevant experience in microfinance, lending, sales, client mobilization, or field operations is an advantage.
- Basic understanding of group and individual lending, loan appraisal, and [...]
HOW TO APPLY
Use the application link below to open the official application form.
