Frequently Asked Questions

Individuals, entrepreneurs, businesses and organized groups within Dar es Salaam can apply for suitable financial solutions offered by Spark Microfinance Tanzania Limited.

Our group loan facility is available to organized groups starting from a minimum of 5 members up to a maximum of 30 members per group.

Group financing starts from TSh 500,000. The actual amount approved depends on the applicant's circumstances, assessment and applicable lending requirements.

Applicants are required to provide the necessary identification and supporting documents, including:

• Two guarantors
• Introduction letter from the local government
• Passport-size photograph
• Valid government identification
• Required collateral documents

Yes. Every borrower is required to provide acceptable collateral. The collateral must legally belong to the borrower and be supported by the required ownership documentation.

Official loan application forms are available only at our office in Goba, Ubungo, Dar es Salaam.

We do not distribute official loan application forms through other locations or unauthorized individuals.

Our office is located in Goba, Ubungo, Dar es Salaam, Tanzania.

We currently serve clients across Dar es Salaam.

Our office is open from 8:00 AM to 5:00 PM, Monday to Friday.

Yes. Spark Microfinance Tanzania Limited operates as a legally registered business in Tanzania and is registered with the relevant authorities, including BRELA and Tanzania Revenue Authority (TRA).

We are committed to conducting our financial services professionally, transparently and in accordance with applicable laws and regulations.

Spark Microfinance Tanzania Limited has three years of service experience, supporting individuals, groups and businesses with accessible financial solutions.

We have served and continue to support 500+ clients across Dar es Salaam, with financing activity exceeding TSh 300 million.