Assistant Loan Officer job vacancy
Job Description
Job advertisement
Good Fund Microfinance Limited (GFML) is a private limited liability company incorporated in Tanzania in February 2024. The company was licensed by the Bank of Tanzania on 20 December 2024 and commenced operations in 2025. GFML currently operates in Dar es Salaam and the Pwani Region.
GFML aims to build a sustainable socio-economic ecosystem that addresses economic challenges and supports community development. The company focuses on empowering low-income individuals, particularly women, by expanding access to affordable financial services.
GFML is seeking a motivated and customer-focused Assistant Loan Officer to support client recruitment, field surveys, group formation, loan application processing, and repayment monitoring. The successful candidate will work closely with the Loan Officer and Senior Loan Officer and will spend substantial time in the field identifying potential clients, assessing businesses, forming borrower groups, and supporting responsible access to finance
Position details
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PositionAssistant Loan Officer, 1 Position
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Reports toSenior Loan Officer
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LocationDar es Salaam and Pwani Region
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Contract duration: One year
Key job responsibilities
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Conduct field surveys to identify prospective clients, understand community needs, and recommend suitable areas for GFML services.
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Recruit and mobilize prospective clients through field visits, community outreach, referrals, and direct marketing.
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Form, organize, and support new borrower groups in accordance with GFML’s group-lending procedures.
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Screen prospective group members and confirm that they meet the eligibility requirements for GFML loan products.
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Visit clients’ businesses and income-generating activities to understand operations and assess basic repayment capacity.
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Explain loan products, eligibility requirements, terms and conditions, and repayment schedules clearly to prospective and existing clients.
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Assist clients to complete loan application forms and gather all required supporting documents.
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Verify client identification, business and residential details, guarantor information, and other relevant documents.
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Help organize group meetings and provide basic financial education on responsible borrowing, business management, and loan repayment.
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Monitor repayment progress, follow up on overdue instalments, and assist with loan recovery activities.
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Make regular field visits to maintain client relationships, monitor business progress, and identify repayment challenges early.
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Support loan disbursement follow-up and ensure clients understand their repayment obligations.
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Maintain accurate and up-to-date client records, group registers, loan files, and confidential documents.
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Submit daily activity updates and weekly and monthly reports covering surveys, recruitment, group formation, applications, and repayments.
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