Job Vacancy at Good Fund Microfinance Limited (GFML) – Assistant Loan Officer

Applications Open

Position: Assistant Loan Officer

Employer: Good Fund Microfinance Limited (GFML)

Duty Station: Dar es Salaam and Pwani Region, Tanzania

Number of Vacancies: 1

Employment Type: Full-Time

Contract Duration: One Year

Reporting To: Senior Loan Officer

Application Deadline: 5 November 2026

1. About Good Fund Microfinance Limited

Good Fund Microfinance Limited (GFML) is a private limited liability company incorporated in Tanzania in February 2024. The company was licensed by the Bank of Tanzania on 20 December 2024 and commenced operations in 2025. GFML currently operates in Dar es Salaam and the Pwani Region.

The company aims to establish a sustainable socio-economic ecosystem that addresses economic challenges and promotes community development. Its primary focus is empowering low-income individuals, particularly women, by expanding access to affordable financial services.

Good Fund Microfinance Limited is seeking a motivated, proactive, and customer-oriented professional to fill the position of Assistant Loan Officer. The successful candidate will support client recruitment and mobilization, field surveys, borrower group formation, loan application processing, and repayment monitoring. The role involves extensive fieldwork, including identifying prospective clients, assessing business activities, establishing borrower groups, and promoting responsible access to financial services.

2. Key Duties and Responsibilities

The Assistant Loan Officer will perform the following duties:

• Conduct field surveys to identify prospective clients, understand community needs, and recommend suitable areas for expanding GFML services.
• Recruit and mobilize prospective clients through field visits, community outreach, referrals, and direct marketing activities.
• Establish, organize, and support new borrower groups in accordance with the company’s group-lending procedures.
• Screen prospective group members and verify their eligibility for GFML loan products.
• Conduct visits to clients’ businesses and income-generating activities to understand their operations and assess their basic repayment capacity.
• Explain loan products, eligibility criteria, terms and conditions, and repayment schedules to prospective and existing clients.
• Assist clients in completing loan application forms and collecting the necessary supporting documentation.
• Verify clients’ identification documents, business and residential information, guarantor details, and other relevant records.
• Organize borrower group meetings and provide basic financial education on responsible borrowing, business management, and loan repayment.
• Monitor loan repayment progress, follow up on overdue instalments, and support loan recovery activities.
• Conduct regular client visits to maintain relationships, monitor business performance, and identify potential repayment challenges.
• Follow up on loan disbursements and ensure clients understand their repayment obligations.
• Maintain accurate and up-to-date client records, borrower group registers, loan files, and confidential documentation.
• Prepare and submit daily activity updates, as well as weekly and monthly reports covering field surveys, client recruitment, group formation, loan applications, and repayments.
• Support the Loan Officer in maintaining portfolio quality and identifying potential credit risks.
• Ensure compliance with GFML’s credit policies, operational procedures, customer service standards, and confidentiality requirements.
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• Perform other relevant duties as may be assigned by the Loan Officer or management.

3. Qualifications, Experience and Competencies

Interested candidates should meet the following requirements:

Academic Qualifications

• Diploma or Bachelor’s degree in Business Administration, Accounting, Finance, Banking, Marketing, Commerce, or any other related field.

Professional Experience

• At least two years of relevant experience in microfinance, lending, sales, client mobilization, or field operations will be an added advantage.

Technical and Professional Competencies

• Basic understanding of group and individual lending, loan appraisal, and repayment monitoring.
• Ability to conduct field surveys, identify prospective clients, and establish and organize borrower groups.
• Strong communication, interpersonal, negotiation, and marketing skills.
• Ability and willingness to undertake frequent field visits and work with clients across different communities.
• Ability to assess businesses and income-generating activities.
• Strong record-keeping, documentation, and report-writing skills.
• Computer literacy, particularly in Microsoft Word and Excel. Experience using loan management systems or ERP platforms will be an added advantage.
• Ability to work independently, achieve client recruitment and group-formation targets, and follow instructions from the Loan Officer.
• High levels of integrity, trustworthiness, self-motivation, and commitment to maintaining client confidentiality.

4. Application Instructions

Qualified and interested candidates are invited to submit their applications on or before 5 November 2026.

Applicants are required to:

• Complete their applications through the employer’s official online application link or by scanning the QR code provided in the original job advertisement.
• Attach a detailed and updated Curriculum Vitae (CV) containing their full names and contact information, including postal address, email address, and telephone number.
• Include the names and contact details of three professional referees in their CV.

All applications should be addressed to:

The Chief Executive Officer
Good Fund Microfinance Limited
P.O. Box 33104
Dar es Salaam, Tanzania.

Important Notes

• Only shortlisted candidates will be contacted through their active mobile telephone numbers and email addresses.
• Good Fund Microfinance Limited will not be responsible for transportation or accommodation expenses incurred by candidates during the interview process.
• No reimbursement will be provided for expenses incurred during the interview process.

5. How to Apply

Interested and qualified candidates should submit their applications through the employer’s official recruitment platform using the application link provided in the original advertisement.

CLICK HERE TO APPLY

APPLICATION DEADLINE

5 November 2026

Application Link: Use the official employer application link or QR code in the original advertisement.

Disclaimer: This vacancy announcement is shared for informational purposes. Applicants should submit their applications directly through the employer’s official recruitment channel. Verify the application link before submitting personal information.