Posted on March, 29, 2019 at 09:37 am
PETTY traders, peasants and all sorts of self-employed people in Lindi and countrywide will get NMB bank’s assistance on secure money savings, loans and free education on related activities with charges.
That was hinted to the group as well as the public by the bank’s South Zone Manager, Janeth Shango, while addressing the people who turned at an ongoing Business Forum Organised by the Tanzania Standard (Newspapers) Limited (TSN) in the region.
She said the bank will assist them with the skills on safe banking and as well issue them with loans of affordable interests for them to be stable in business and eke out a living without hiccups on safety of their monies.
Ms Shango said the business forum organised for them in collaboration with Lindi Regional Office and initially attended by over 350 participants in their pavilions, including investors, business people, self-employed people and various institutions as well as government leaders was the best platform for them to network and share ideas.
She hinted that already the bank has done much in the agricultural sector by providing the farmers with loans in their chains of activities. “NMB keeps safely clients’ money and releases loans to deserving and in need customers.
On the side of agriculture, we have loans to peasants and farmers in the hierarchy, buyers and transporters of the crops,” pointed out the Manager.
She said the bank recognizes the importance of agriculture and peasants in the country since 75 percent of Tanzanians depend on it for their livelihoods.
Ms Shango noted that in Lindi Region, the bank has big five branches in all the districts as well as over 105 agents, besides ATMS services being spread everywhere.
On his part, the bank’s Senior Manager on Agricultural Business, Carol Nyangaro in the bank where the government has a share of 30 percent through loans board has earmarked 500bn/- for the loans to farmers, where about 450bn/- has been spent.
Source: Daily News