Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services
Microfinance is also the idea that low-income individuals are capable of lifting themselves out of poverty if given access to financial services. While some studies indicate that microfinance can play a role in the battle against poverty, it is also recognized that is not always the appropriate method, and that it should never be seen as the only tool for ending poverty.
RM HOLDINGS Financial Services Tanzania opened its doors in 2015 and has become a leading credit provider in Tanzania, offering RM HOLDINGS products to government employees and employees of private companies approved by RM HOLDINGS .The company continues to grow even further into rural Tanzania. We believe in having branches closer to where our customers live and serving them through local RM HOLDINGS staff, gives them easy access to responsible credit in a language they understand and by people they can trust.
Through credit RM HOLDINGS has been able to change the trajectory of individual’s lives. From a life of scarcity to abundance. The ability to pay school fees or simply reaping the benefits of a small business venture that may have lagged behind because of lack of funding, RM HOLDINGS has been an empowerment partner for many in mainland Tanzania — from Dar es Salaam to Songea, Mbeya to Mwanza and everywhere in between. For more information contact us.