Mucoba Bank PLC

MUCOBA.TZ – Dar es Salaam Stock Exchange

Business Description

Tanzania Banks

MUCOBA Bank PLC (The Bank) is a community bank in Tanzania. It offers banking services to the communities of Mufindi and neighboring districts. The Bank also provides services for deposit taking, insurance services, financial loans, and agency services. The Bank’s Account Products include Individual Saving Account, Juvenile /Minor Saving Account, Joint Savings Account, Fixed Deposit Account, Groups Account, and Saving and Credit Cooperative Organisations (SACCOS) Account. The loans include Microcredit group Lending, Business loans, Asset Acquisition Micro Loans, Housing Microfinance Loan, Saccos and SACAs loans, Salaried Employee Loans Private, Salaried Employee Loans to Government Institution Staff, Youth Agriculture Loan Product, and Warehouse Receipts System Loans. Microcredit group Lending provides loans to microentrepreneurs. Warehouse Receipts System Loans provide loans to assist farmers meet their needs during a low-income period.

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