EFC Business Loan

EFC offers its customers a customized business loan product that is ideally suited to the needs of their business.

The EFC Business Loan is specifically designed for entrepreneurs to provide working capital or to finance the inventory and/or equipment purchases, investments, agricultural supplies or any other business related purpose. The EFC Business Loan helps you to grow your business, 



  • Minimum loan amount starting from TZS 3,000,000/=;
  • Repayment period of 6-36 months;
  • Affordable monthly interest rate calculated on a reducing balance;
  • Broad range of financing amounts;
  • Immediate liquidity injection;
  • A payment history is created, which serves as support for future transactions;

Eligibility Criteria

The borrower must:
  • Be an individual entrepreneur or merchant, or other legal entity engaged in income-generating activities;
  • Have an EFC Business Account;
  • Have at least 6 months experience in the same business;
  • Be able to demonstrate competence and expertise in a particular business sector;
  • Demonstrate capability of operating a business profitably;
  • Have a guarantor;
  • Have collateral (e.g. business equipment, vehicle house or land).
Apply for EFC Business Loan Now!