EFC's Investors

Dunduliza Company Limited

Dunduliza Company Limited is an association of Savings & Credit Cooperative Societies (SACCOS) network primarily owned by a group of SACCOS in Tanzania. Initially financed by Financial Services Deepening Trust (FSDT) and supported technically by DID, Dunduliza provides technical support and interventions that are intended to enable the member SACCOS achieve and maintain sustainability.

EFC's Partners

About Us

Who We Are

EFC Tanzania M.F.C Limited is the first deposit taking microfinance institution (MFI) to be licensed and regulated under Bank of Tanzania’s Microfinance Company Charter. Having officially opened for business in July 2011, its purpose is to contribute to the development of Tanzania’s private sector by providing increased access to financial services by the underserved micro and small entrepreneurs’ (MSEs) market segment.

Our Background

The main architect of the Entrepreneurs Financial Centre (EFC) vision is Développement international Desjardins (DID), a component of the Desjardins Group. Since 1970, DID have worked to support the creation, development and strengthening of sustainable financial institutions that are rooted in the community. DID's activities are backed by over 100 years of experience of the Desjardins Group, the sixth largest financial institution in Canada and one of the best capitalized.

In it’s 10 years in Tanzania, DID have identified the lack of targeted financial products for MSEs as a major hindrance to the economic development of the country. This diagnosis was confirmed by two market analyses performed in May 2007 and November 2009.

Following analysis of the Tanzanian market, and inspired by the EFC experience in neighboring countries, DID joined with AfricInvest Financial Sector Ltd (AFS) and a local investor, Dunduliza Company Limited, in the formation of EFC Tanzania in 2010.

Vision & Mission

Our Vision

To be the preferred financial services partner for micro and small entrepreneurs (MSEs) in Tanzania.

Our Mission

To partner with MSEs and increase access to specialized financial services on a permanet basis while contributing to wealth creation, improvement of people's living conditions and development of Tanzania's private sector.

© 2011-2014 EFC Tanzania M.F.C Limited.
1st Floor, Letsya Tower, 59 New Bagamoyo Road
P.O.Box 11735, Dar es Salaam,Tanzania