AMACHA CREDIT TANZANIA LIMITED
WE ARE HIRING
Open Positions
Loan Officers – 10 Vacancies
Amacha Credit Tanzania Limited is a financial institution that provides loan services to a wide range of clients, including individuals and government employees. The company is committed to offering affordable and convenient loan products to people and businesses of different sizes, contributing to economic growth in the country.
The core business of Amacha Credit Tanzania Limited is providing quick loans, development loans, and other financial services that help individuals and businesses obtain capital to grow their operations. These services are offered to individuals, community groups, and government employees at different levels.
With several branches across the country, Amacha Credit Tanzania Limited continues to expand its services to customers in different regions, ensuring easy access to financial solutions.
The company is inviting qualified and motivated individuals to apply for the position of Loan Officer. This opportunity is ideal for people with passion, commitment, and dedication to delivering quality financial and loan services while contributing to the growth of the company.
Position: Loan Officer
Reports to: Loan Manager
Department: Operations (Loan Department)
General Job Description
The Loan Officer is responsible for coordinating loan services for customers and ensuring loans are issued in accordance with the institution’s financial policies and procedures. The Loan Officer will advise customers on suitable loan products, collect customer information, and analyze loan applications before making recommendations for approval.
Key Duties and Responsibilities
1. Processing Loan Applications
Responsibilities:
- Receive and process loan applications from customers.
- Collect and verify customer information, including identification documents, financial information, and business details.
- Conduct financial analysis and prepare recommendations for loan approval.
2. Providing Financial Advice and Customer Education
Responsibilities:
- Advise customers on available loan products and repayment methods.
- Educate customers on responsible loan utilization and financial management.
- Help customers understand loan conditions and repayment obligations.
3. Conducting Risk Assessment
Responsibilities:
- Assess the creditworthiness of each applicant before loan approval.
- Evaluate repayment ability using customer records, financial information, and payment history.
- Apply appropriate risk assessment methods based on financial and business analysis.
4. Preparing Loan Reports
Responsibilities:
- Prepare and submit reports on loans issued by the institution.
- Produce monthly reports on loan performance and customer loan portfolios.
- Monitor loan performance and provide progress reports.
5. Loan Collection and Recovery
Responsibilities:
- Follow up on loan repayments and address overdue accounts.
- Engage customers with overdue loans and negotiate repayment solutions.
6. Monitoring Customer Loan Performance
Responsibilities:
- Ensure loans are properly managed and customers comply with repayment terms.
- Monitor loan performance regularly.
- Resolve loan-related issues and ensure customers receive the support they need.
7. Improving Loan Service Delivery
Responsibilities:
- Recommend improvements to loan systems and service delivery processes.
- Propose policies that improve customer service and loan management.
- Contribute to initiatives that enhance the quality of loan services.
8. Building and Maintaining Customer Relationships
Responsibilities:
- Build strong relationships with customers through financial support and regular guidance.
- Maintain close communication with customers to address challenges and provide appropriate solutions.
9. Ensuring Compliance with Financial Laws and Regulations
Responsibilities:
- Ensure all lending activities comply with applicable financial laws and institutional regulations.
- Stay informed about legal and regulatory requirements governing lending.
- Ensure all loans are processed according to microfinance regulations.
10. Maintaining Loan Records
Responsibilities:
- Keep complete and accurate records of all loans and monitor repayment progress.
- Ensure loan records are properly maintained and easily accessible for reporting and auditing.
11. Conducting Loan Audits and Performance Monitoring
Responsibilities:
- Review loan portfolios to ensure loans are performing as expected.
- Monitor loan performance and recommend corrective measures where necessary.
12. Participating in Market Research and Business Development
Responsibilities:
- Participate in market research to identify business development opportunities and attract new customers.
- Support the introduction of new products and improved services for customers.
Qualifications
- Bachelor’s Degree in Finance, Business Administration, Economics, or a related field.
- Good understanding of financial and lending regulations.
- Strong teamwork and collaboration skills.
- Excellent communication skills in both English and Kiswahili.
- Proficiency in computer applications related to finance and business management.
- Ability to identify lending opportunities while ensuring compliance with company policies.
- Strong decision-making skills, especially in loan assessment and risk evaluation.
- Valid driving license is an added advantage.
All interested candidates should submit their Curriculum Vitae (CV) together with an application letter addressed to the Managing Director, Amacha Credit (T) Limited via email at [email protected].
The vacancy announcement is also available on the company's careers page: www.amachacredit.co.tz/career
Application Deadline: 5 July 2026
Amacha Credit (T) Limited is an equal opportunity employer. The company values diversity and strictly complies with labor laws. No applicant will be discriminated against based on gender, disability, age, or any other status protected by law.