Group loans offered by Yemco Microfinance provide an innovative way for women in rural Tanzania to access financial services collectively. Through VICOBA-style lending, groups of women can apply together, sharing the responsibility and benefits of the loan.

This structure lowers individual risk, increases trust, and encourages community cooperation. Group loans enable women to invest in businesses like farming, sewing, and retail, which raise household incomes and improve community wellbeing. Alongside loans, Yemco provides financial literacy training to build essential skills in budgeting and business management, empowering women not only financially but also socially.

 Group Loans – Key Features

• Community-Based Lending
  Collective loans that promote mutual support and shared responsibility.

• Accessible Without Collateral
  Many group loans don’t require individual collateral, lowering barriers.

• Empowerment Through Education
  Financial literacy training included to build money management skills.

• Flexible Loan Amounts
  Loans tailored to the group’s specific business or farming needs.

• Affordable Interest Rates
  Designed to keep borrowing sustainable for all group members.

• Strong Social Impact
  Helps improve livelihoods and community cohesion.