CRDB BANK OFFERS INTEREST FREE LOANS TO 'MACHINGA'

Deputy Minister of State in the President's Office, Regional Administration and Local Government, Josephat Kandege (third right) and from right, Bank of Tanzania Deputy Governor Dr. Bernard Kibesse, CRDB Bank Managing Director Abdulmajid Nsekela, Kigamboni District Commissioner Sarah Msafiri, Deputy Minister for Health, Community Development, Gender, Elderly and Children and Kigamboni MP Dr. Faustine Ndungulile, Municipal Director Engineer Ng'wilabuza Ludigiji and District Administrative Secretary Rachel Mhando, jointly launch an interest free mobile phone digital micro-loans product for micro entrepreneurs with 'machinga' identity cards in Dar es Salaam yesterday. The CRDB Bank loan product, Jiwezeshe, is payable in three months and is collateral free through SimBanking.

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