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 [...]
Financial literacy is a critical skill that transforms how you handle money and plan for your future. Yemco Microfinance offers training programs that teach budgeting, saving, debt management, and business planning, helping you make smarter financial choices. When you understand money better, you avoid common pitfalls like debt traps and [...]
Yemco’s salary advance option provides fast, short-term financial support for employees who need funds before payday. This service helps cover urgent expenses without high interest rates or complicated loans. Salary advances are small loans deducted directly from your next paycheck, making repayment simple and stress-free. Disbursements are quick and convenient, [...]
Opening a savings account at Yemco Microfinance is more than just putting money aside — it’s a step toward financial security and growth. Your funds are safely held in a licensed institution with flexible plans that suit your income. Saving regularly builds discipline, preparing you for future expenses or investments. [...]
