BRAC Tanzania Finance Limited (BTFL) is a financial institution known for providing financial services to low-income people, especially women, in rural and economically challenged areas in Tanzania. BTFL is part of the larger international organization BRAC, which has a long history of supporting social and economic development through innovative approaches aimed at reducing poverty. BTFL was officially established in 2006, with the aim of increasing access to financial services to people who do not receive financial services through traditional banking institutions. The institution provides microloans, which enable small entrepreneurs and farmers to improve their lives through asset creation projects. The loans provided include group and individual loans, with an emphasis on building women’s economic and social capacity. BTFL also provides entrepreneurship and financial management training, ensuring that its clients have sufficient skills to use the money they have earned effectively. Over the years, BTFL has successfully built a reputation as a development partner in rural and urban communities, contributing significantly to national efforts to reduce poverty and improve the lives of Tanzanians. The institution has also distinguished itself with transparency, accountability, and gender balance, ensuring that its services benefit the majority of people equally. In line with its commitment to expanding its services and enhancing its social impact, BTFL continues to collaborate with various stakeholders, including government, non-governmental organizations, and financial institutions, to ensure that the dream of economic development for every Tanzanian is realized.
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