TAMFI - Microfinance in Tanzania

TANGAZO

2010-08-23T13:02:00.001+03:00

TANGAZO

TANZANIA ASSOCIATION OF MICROFINANCE INSTITUTIONS (TAMFI)
P. O. BOX 19798 DAR ES SALAAM
Email: dcb@africaonline.co.tz;
Website: www.tamfi.com

WITO WA KUJIUNGA NA TAMFI – WANACHAMA WAPYA
Bodi ya Wakurugenzi wa TAMFI inapenda kuwaarifu na kuwaalika wadau wa Asasi zinazotoa huduma za kifedha kwa watu wenye kufanya shughuli ndogondogo na za kati (Mirofinance) kujiunga na mtandao huu wa TAMFI. TAMFI ni kwa ajili ya Taassi zote zilizoko Mijini na Vijijini. Wasiliana nasi kwa kutumia namba za simu au barua pepe zilizotajwa hapo chini..

UTANGULIZI
TAMFI ni Shirika la mtando wa kitaifa wa Asasi zinazojihusisha na utoaji wa huduma za kifedha kwa watu wenye kufanya shughuli ndogo ndogo na za kati na taasisi zinazojihusisha na utoaji wa huduma mbalimbali kwa Asasi hizo za fedha. Makao makuu ya Shirika la Mtandao huu yapo Jijini Dar es Salaam katika Jengo la biashara ndogondogo la SIDO liliko katika barabara ya Bibi Titi Mohamed chumba na 25 na 26 upande A.

FAIDA ZA KUWA MWANACHAMA WA TAMFI
Ukiwa mwanachama wa TAMFI unategemea kupata faida zifuatazo:

Kupata fursa ya kushirikiana kwa karibu na Asasi nyingine za Kitanzania na za Kimataifa.
Kupata fursa ya kujitangaza kupitia mtandao wa chama, tovuti ya chama, majarida ya chama na katika matukio na shughuli mbalimbali za mtandao..
Kupata fursa ya kushiriki katika mafunzo adimu kwa gharama nafuu.
Kupata fursa ya kuhabarishwa kwa taarifa au habari muhimu za sekta kutoka ndani na nje ya nchi.
Kupata fursa ya kuunganishwa na wafadhili, wahisani na taasisi mbalimbali za kifedha na huduma nyinginezo kutoka ndani na nje ya nchi.
Kunufaika na nguvu kubwa ya pamoja katika kutatua matatizo yanayoikabili Sekta katika ngazi mbalimbali.
Kunufaika na nguvu kubwa ya kusemewa Kisekta katika vyombo vya Serikali na vya Kimataifa.

Mawasiliano:
Kwa wanaohitaji kujiunga na TAMFI wanaombwa kuwasiliana na watu wafuatao ili kuweza kupata fomu za maombi na maelezo ya ziada:
i. Edmund Mkwawa (Mwenyekiti) Simu Na. 0754 284831, Barua pepe: eddymkwawa@yahoo.co.uk; dcb@africaonline.co.tz,

ii. Joel Mwakitalu (Makamu Mwenyekiti) Simu Na. 0784 657718, Barua pepe: joelmwakitalu@yahoo.com,

WOTE MNAKARIBISHWA TUJENGE TAIFA LETU KWA NGUVU YA UMOJA

Jovin Marco Ndungi
K.n.y: KATIBU

PRESS RELEASE

2010-08-23T13:00:00.001+03:00

PRESS RELEASE

TANZANIA ASSOCIATION OF MICROFINANCE INSTITUTIONS (TAMFI)
P. O. BOX 19798 DAR ES SALAAM

E-mail: eddymkwawa@yahoo.co.uk,
joelmwakitalu@yahoo.com,
dcb@africaonline.co.tz
Website: www.tamfi.com

THE FIRST BOARD OF DIRECTORS OF TANZANIA ASSOCIATION
OF MICROFINANCE INSTITUTIONS

The Annual General Meetings of Tanzania Association of Microfinance Institutions (TAMFI) and the Coalition of Tanzania Microfinance Practitioners and Service Providers Ltd held on 27th July 2010 at Peacock Hotel, Dar-es-Salaam, unanimously agreed to merge into one umbrella Association and agreed to retain the name of TAMFI.

The following Directors were appointed:-
1. Mr. Edmund.P.Mkwawa Managing Director DCB
2. Mr. Joel Mwakitalu Managing Director Global Associates Ltd
3. Mr.Altemius Millinga Executive Director YOSEFO
4. Mr. Abiah N.Kaaya Project Manager SELF- Project
5. Ms. Felistas Coutinho Managing Director Tujijenge Tanzania
6. Mr. Hassan Said Salum Executive Director WEDTF Zanzibar

The first Board of TAMFI which met on 10th August 2010 unanimously elected Mr. Edmund P.Mkwawa the Chairman of TAMFI and Mr. Joel Mwakitalu the Vice Chairman.

The new TAMFI will focus on mobilizing new members, promote capacity building programmes to members, promote communication and networking among members, promote standards of practice in the industry, and strengthen cooperation with the Government and development partners.

Invitation to join TAMFI
TAMFI welcome microfinance institutions, microfinance services providers and institutions supporting microfinance sector to join the Network. Contact the above email addresses to inquire for the membership application form.

Jovin Marco Ndungi
For: Secretary

PRESS RELEASE

2010-08-13T11:02:00.001+03:00

PRESS RELEASE

TANZANIA ASSOCIATION OF MICROFINANCE INSTITUTIONS (TAMFI)
P. O. BOX 19798
E-mail: eddymkwawa@yahoo.co.uk,
joelmwakitalu@yahoo.com,
dcb@africaonline.co.tz
Website: www.tamfi.com

DAR ES SALAAM

THE FIRST BOARD OF DIRECTORS OF TANZANIA ASSOCIATION OF MICROFINANCE INSTITUTIONS

The Annual General Meetings of Tanzania Association of Microfinance Institutions (TAMFI) and the Coalition of Tanzania Microfinance Practitioners and Service Providers Ltd held on 27th July 2010 at Peacock Hotel, Dar-es-Salaam, unanimously agreed to merge into one umbrella Association and agreed to retain the name of TAMFI.

The following Directors were appointed:-
1. Mr. Edmund.P.Mkwawa Managing Director DCB
2. Mr. Joel Mwakitalu Managing Director Global Associates Ltd
3. Mr.Altemius Millinga Executive Director YOSEFO
4. Mr. Abiah N.Kaaya Project Manager SELF- Project
5. Ms. Felistas Coutinho Executive Director Tujijenge Tanzania
6. Mr. Hassan Said Salum Executive Director WEDTF Zanzibar

The first Board of TAMFI which met on 10th August 2010 unanimously elected Mr. Edmund P.Mkwawa the Chairman of TAMFI and Mr. Joel Mwakitalu the Vice Chairman.

The new TAMFI will focus on mobilizing new members, promote capacity building programmes to members, promote communication and networking among members and other microfinance stakeholders, and strengthen cooperation with the Government and development partners. It will further continue with advocacy, lobbying and dissemination of information to enhance the microfinance sector in Tanzania

Jovin Marco
For: The Secretary

PRESS RELEASE

2010-07-31T08:46:00.001+03:00

PRESS RELEASE

(27/07/2010)

MERGER BETWEEN TAMFI AND THE COALITION OF MICROFINANCE

1. Background:
In the 2009 the Board of the Tanzania Association of Microfinance Institutions (TAMFI) and the Coalition of Tanzania Microfinance Practitioners and Service Providers Limited (the “Coalition”) resolved to re-organize the two institutions into one association that would cater for the interests of the two legacy institutions. It was collectively observed that having two institutions conducting the same functions was unhealthy for the microfinance sector in Tanzania. They commissioned an independent team to undertake a study on how best the two institutions could be merged while accommodating Network best practices and the interests of the two associations.

The joint Board meeting between TAMFI and the Coalition held on 18th June 2010 resolved to go on with the merger process due to the following reasons:-
(i) To remove the confusion among the members and other Microfinance stakeholders;
(ii) Both associations have the same goals and objectives;
(iii) To attain wider network coverage;
(iv) To receive good will and reputation to the key microfinance stakeholders;
(v) To use the meager resources available in support of the strategically planed activities of the merged association.

The merger is between two institutions i.e. COALITION and TAMFI. The new organization will retain the name of Tanzania Association of Microfinance Institutions (TAMFI) and shall be operational from 27th July 2010.

2. Objectives of the new TAMFI
Institutional level
i. An inclusive network – More organizations are joining the organization
ii. A National Network: We are present at all levels and in all regions and districts in the country. Have an effective and less costly mechanism and technology to attain the national presence
iii. A United voice – speak as one
iv. Active internationally – Strongly East Africa, Africa and International arenas
v. Increased collaboration among members
vi. Benefit members – develop and deliver services that address important member’s needs/issues.
Industry level
i. Leading in organizing the industry – want to see the industry become more organized
ii. Have a united voice
iii. Participate and be recognized in National issues and activities – have influence in decision making with regard to microfinance issues
iv. Increase in number of formalized and regulated MFIs

3. Membership:
Categories of Members will be classified as follows:-
General Members
(i) Commercial Banks practicing offering microfinance services
(ii) Regional Banks offering microfinance services
(iii) Non-Governmental Organizations engaged in the provision of Microfinance services as core activity
(iv) Companies offering microfinance services
(v) Financial Cooperative
(vi) Apex bodies representing informal financial service providers like VICOBA, COCOBA
(vii) Community Based Organizations offering microfinance services as core activity
(viii) Whole Sale Microfinance organizations
(ix) Business Development Service Providers offering direct services to Microfinance Institutions as major clients.
(x) Micro insurance providers , Brokers and agents
Associate Members
(i) Professional Networks or Associations which have interest in Microfinance activities
(ii) Auditors, Accountants and consultants firms engaged in microfinance services;
(iii) Information Communication and Technology providers;
(iv) Other local and international Institutions or programs engaged in support of the microfinance industry.

Fees structure
Fees will include admission fee and annual subscription fee

Principles of setting institutional fees
Fees should be set to translate the inclusive membership aim, attract targeted clients or groups to join the network and continue to stay in the network but also help the institution to provide its intended services effectively. Fees shall not be seen as constrain towards achieving inclusive membership aim as shown in the table below
No
Member
Fees

Admission
Annual Subscription
1.0
Banks
200,000
750,000
2.0
Microfinance Companies
Micro insurance Companies and agents
150,000
600,000
3.0
NGOs and Financial Cooperatives

3.1
3 Billion and above
150,000
600,000
3.2
1 – 3 Billion
100,000
500,000
3.4
500 M – 1 Billion
75,000
250,000
3.5
Below 500 Million
50,000
100,000
4.0
Business Development Service Providers
100,000
250,000
5.0
Village Banks - VICOBA and CBOs
50,000
100,000
6.0
Associates Members
100,000
250,000

Elected Interim Board Members
TAMFI
Mr. E.P.Mkwawa
Mr.A.Millinga
Mr. A.N.Kaaya

The Coalition of Microfinance
MR. Joel Mwakitalu
Ms. Felistas Coutinho
Mr. Said Hassan
Signed by:

Edmund Mkwawa Joel Mwakitalu
Chairman TAMFI Chairman - COALITION

NOTICE FOR 2ND AGM FOR TAMFI

2010-07-21T09:32:00.001+03:00

TANZANIA ASSOCIATION OF MICROFINANCE
INSTITUTIONS (TAMFI)
P. O. BOX 19798
E-mail: eddymkwawa@yahoo.co.uk
dcb@africaonline.co.tz
info@yosefo.org
DAR ES SALAAM

Notice is hereby given that the 2nd Annual General Meeting of the Members of Tanzania Association of Microfinance Institutions (TAMFI) will be held at Peacock Hotel along Bibi Titi Mohamed Road, Mnazi Mmoja Dar-es-Salaam on Tuesday 27th July 2010 at 8.30 am.

The Agenda for the meeting shall be as follows:-
Adoption of the agenda
Confirmation of the Minutes for the 1st Annual General Meeting held on 15th October 2008
Confirmation of the Minutes for the 1st Extra Ordinary General Meeting held on 6th March 2009
Matters Arising from the 1st Annual General Meeting of TAMFI
Matters Arising from the 1st Extra Ordinary General Meeting of TAMFI
To Receive and Discuss the Annual Report and Audited Financial Statements for the year ended 31st December 2008 and 2009 respectively
To Review the Performance Report of the Association
To Elect the Board Members
To Appoint Auditors of the Association for the next financial year
To Receive and Deliberate on the Intended Merger of the Two Associations. That is Tanzania Association of Microfinance Institutions (TAMFI) and the Coalition of Tanzania Microfinance Practitioners and Service Providers Ltd
Discuss on the Members’ Proposals
To Attend the Joint Meeting between TAMFI and the Coalition to deliberate on the recommended merger of both associations

EDMUND P. MKWAWA
CHAIRMAN – TAMFI

Notes
TAMFI Members, stakeholders and potential members are advised for any correspondences with TAMFI to channel them through Mr.E.P.Mkwawa (TAMFI chairman) at DCB Telephone 222180253 or Mr.A.Millinga (Vice Chairman) at YOSEFO, Telephone 222180914 pending official appointment of the Executive Secretary who will take charge of the TAMFI Office located at SIDO Small House Business Room numbers 25 and 26 Wing A, along Bibi Titi Mohamed Road, Dar-es-Salaam.

ANNOUNCEMENT - TAMFI

2010-07-21T09:26:00.001+03:00

TANZANIA ASSOCIATION OF MICROFINANCE
INSTITUTIONS (TAMFI)
P. O. BOX 19798, Dar es Salaam, Tanzania
E-mail: eddymkwawa@yahoo.co.uk,
dcb@africaonline.co.tz,
info@yosefo.org

VACANCY ANNOUNCEMENT

EXECUTIVE SECRETARY

Tanzania Microfinance Institutions Association was established in 2001 as a Microfinance Network drawing its members from NGO-Microfinance Institutions, Microfinance Companies, Banks with Microfinance windows, Financial Cooperatives Societies and Community Based Organizations. Its objectives include:
(i) To enhance, strengthen and act as a platform for an increased level of coordination and cooperation among Tanzanian microfinance institutions that will result into a better positioning of the sector versus the government and the donor community.
(ii) To conduct lobbying and advocacy for appropriate policy and regulatory system for the microfinance industry.
(iii) To carry out research relevant to Microfinance development and provide viable suggestions.
(iv) To conduct seminars and other programs to the member of the association.
(v) It helps to solicit funds from donors for the members of the organisations.

TAMFI activities are steadily increasing so, in order to keep pace with such an increase, the organisation seeks to recruit a suitable candidate for the above mentioned post.

1. Overall duty:
He/she shall serve as a key representative of the organisation and as advocate of microfinance development in Tanzania. He/she shall also supervise the Secretariat and serve as an intermediary between TAMFI members, the Executive Board and the Secretariat.

2. Responsibilities and Tasks
A: Organisation representative
Represents TAMFI and widely communicates its vision on microfinance development with TAMFI’s key stakeholders, in co-operation with the Board of the organisation.
Maintain contacts with international networks and government bodies in the field of microfinance on national and global level.

B: Organisation leadership and management
§ Proposes to the Executive Board the organisational strategy and activity plans and is responsible for their implementation.
§ Responsible for the overall daily leadership and management of the organisation.
§ Maintains close contact with the Chairman, Executive Board and TAMFI members to ensure the best knowledge of current opportunities, challenges and developments in microfinance at any time.
§ Responsible for reporting to the Executive Board, including the preparation of agendas, papers and minutes of meetings, and to the general assembly, in cooperation with the Chairman;
§ Ensures that the organisation is operating within its policies and guidelines;
§ Responsible for and supervision of the marketing and promotion of TAMFI, including extension of membership.
§ Ensures appropriate service delivery to the membership.
§ Leads and supervises the recruitment, contracting, appraisal and daily operation of permanent and temporary staff members for the Secretariat;
§ Undertake any other duties as may be assigned by the Executive Board

3. Organisation Relationships
The Secretary General reports to the Executive Board and is monitored and appraised by the Chairman.

4. Profile
Desirable:
Masters degree in Community Economic Development with five (5) years working experience on related field.
Computer literate
Not more that 50 years of age.

Essential:
Demonstrable leadership qualities and managerial skills;
Strong communication skills, both written and spoken;
Confident with public appearance, advocacy and lobby activities;
Experience with organisation and project management.
Fluent in English, both written and spoken;
Ability to effectively communicate and liaise with many different groups and nationalities, and operate in a range of different cultural environments;
Prepared to travel and work irregular hours;
Full time.

5. Remuneration
Attractive package will be offered to the right and successful candidate.

6. Deadline for the Application
The right candidates for the above position should send their applications together with detailed curriculum vitae, photocopies of academic certificates and testimonials to the address below not later than 16th August 2010.

The Chairman – TAMFI,
C/O Dar es Salaam Community Bank Limited,
Arnautoglu Hall, Mnazi Mmoja,
P. O. Box 19798, Dar es Salaam

TAMFI TASK FORCE MEETING HELD ON 6TH FEBRUARY AT DCB BOARD ROOM, ARNAUTOGLU, MNAZI MMOJA

2010-02-16T10:40:00.002+03:00

TAMFI TASK FORCE MEETING HELD ON 6TH FEBRUARY AT DCB BOARD ROOM, ARNAUTOGLU, MNAZI MMOJA

PRESENT
Mr. E.P. Mkwawa , Chairman
Mr. A. Millinga, Member
Mr. G. Ndabimala, Member

AGENDA
- To lay strategies of making TAMFI more visible to its members and potential members.

AGENDA 01: OPENING THE MEETING
The meeting was called to order by the chairman at 10.15 hrs by reminding the members of the agreement in the Board meeting of the 4th February to seek possible ways of fast tracking the possibility of securing funds from the central Bank to finance few identified projects that will show and demonstrate to members that TAMFI is now in existence for the benefit of the Microfinance sector.

AGENDA 2: FAST TRACKING CENTRAL BANK FUNDS
It was resolved that effective Monday 8th February, 2008 Mr. E.P. Mkwawa and A. Millinga to make a fast track follow-up with the Bank to make sure that this fund is received at earliest possible time that will make it possible for the identified projects to take place.
Apart from the central Bank alternative sources were identified in case the funds from the central Bank do not materialize in time. These include:-
- Stromme Microfinance East Africa Ltd
- IFAD and
- FSDT
It was agreed that a request letter for Stromme, IFAD and FSDT should be signed by Mr. A. Millinga.

AGENDA 3: IDENTIFIED PROJECTS
3.1 It was agreed that two projects should carried out. These include:
- Workshop on MFI Policy, Legal and Regulatory Environment
- Workshop on Micro Agricultural Finance and

3.2 The preparatory committee for the MFI Policy, legal and Regulatory Environment was agreed to come from two categories
- From the Banks ( DCB and Access) and
- From NGOs ( YOSEFO and PRIDE Tanzania)

The preparatory committee for the workshop on Micro Agricultural Finance to include:

- Professor Temu as a resource person and presenter of the paper on Agricultural on Finance and
- Mr. A. Millinga to present a paper on Financing small holder farmers opportunities and Challenges.

It was agreed that all preparations of these workshops should be complete by 28th of February 2010 while a 30 days notice for the workshops should be ensured.

AGENDA 4: CLOSING THE MEETING
The Chairman closed the meeting at 11. 30 hrs.

TAMFI OPENS ITS OFFICES

2010-01-31T11:30:00.001+03:00

The Tanzania Association of Microfinance Institutions has opened its offices in the SIDO small
business house along Bibi Titi Mohammed Street in Dar-es-Salaam city centre. It is situated in wing A, third floor, room number 25 and 26. This was after recruiting its first Programme Officer, Mr. Gerald Ndabimala.
The Offices are open from Monday to Friday 8.00 HRS to 17.00 hrs.

You are all welcome!

Tanzania Microfinance Regulations

2009-04-07T15:24:00.002+03:00

Some players in the microfinance industry in Tanzania feel that the 2005 Microfinance regulation seem not support the growth of the industry and therefore needs some changes. What are your views?

Interested in joining TAMFI?

2009-04-03T15:23:00.002+03:00

TAMFI is the umbrella organization for microfinance institutions in Tanzania.

If your organization is interested in joining, please check out our website at www.tamfi.com. For specific information about joining, click here.

Check this blog for information about upcoming events and announcements to members