Investment Opportunity in microfinance company in Tanzania
Investments returns in microfinance industry are very promising. The demand-supply gap for microfinance products and services is still high given low financial inclusion and access to capital in the country and especially the poor households. Tanzania’s macroeconomic remain relatively strong with annual economic growth rates projected above 7%, one of fast-growing economies in Africa. Investing in the microfinance industry has both positive and significant social and economic impacts in the society.
Victoria Finance Plc, one of the fastest growing microfinance companies in Tanzania, is planning to invest in technology and roll out new products including micro housing, micro leasing, solar, and water and agriculture loans. It is currently mobilizing both equity and long-term debt funds under private placements to selected investors/strategic investors both in the country and abroad. Funds will be mainly used for investment in technology and on lending to new products.
+255 677 626 333 / +255 784 626 333
Managing Director (MD)
Why Invest in Victoria Finance Plc
Innovative and dynamic company-VFP continues to develop various products and services by providing customers solutions in most efficient and effective ways. The objective is to ensure that the products and services offerings match the dynamics and changes in the market.
Strong corporate governance –VFP strongly believes in professionalism and wants to run a business by complying with both business ethics and requirements of laws.
Strong and ambitious management team- VFP has well and experienced and knowledgeable management that able to understand customers’ requirements and provide customer-oriented solutions in most innovative ways.
Unmet demand for microfinance products and services- the industry presents one of the unique investment opportunities as the demand for microfinance products and service is still high compared to the supply side.
Stable political and strong economic growth – Tanzania enjoys relative stable political stability and strong economic growth with good investment opportunities in mining, oil and gas, infrastructure, manufacturing, and agriculture.