National Microfinance Bank opens new branch in Tanzania to ease financial services

TANZANIA – National Microfinance Bank (NMB) has opened a new branch in Busega District, Simiyu Region making it the 225th outlet nationwide with a promise to the locals of better services and affordable loans, report Daily News. Presiding over the occasion, NMB Acting Managing Director, Ruth Zaipuna, noted that new branch in the rural area would serve mostly farmers and livestock keepers in line with the government directive to ease financial services to the citizens. However, she emphasized that soft loans would be extended to small, medium and large businesses,…

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