BFS Microfinance Limited 6 Job Vacancies, Various Positions

BFS Microfinance Limited is inviting suitable, competent and self-motivated young Tanzanians to  apply for the Loan Officer & Recovery Officers Opportunities available at its various branches available  in Lake Regions. Below is the description of the opportunities: – 

Experienced Loan Officers – 3 posts

Responsibilities; 

• To identify potential market and make sales to obtain potential customers/borrowers.
• To conduct thorough loan appraisal to all customers who have shown interest to borrow from BFS  Microfinance Limited.
• Analyses and reviews quality of potential and existing business to ensure maximum profitability
•  Monitor all loan repayments.
• Make follow up for the late repayments.
• To recover all defaulted loans to the individual and branch portfolio.

Experienced Recovery Officers – 3 Post Based in Mwanza

Responsibilities; 

• Recovery officer is responsible for recoveries of outstanding debts as he/she will be assigned.
•  Develop recovery strategy for each case and follow up implementation of the approved  strategy to ensure maximum recoveries are made in line with the business strategies.
• Provide daily, weekly and monthly report on progress of Recovery and Projections for  recoveries.
• Conducting field visits to collect payments or assess collateral.
• Preparing and documenting recovery plans and correspondence.
• Ensuring compliance with relevant laws and regulations. 

General Qualifications; 

•  At least 2 years of experience as Recovery Officer/Loan officer in the respective post from a reputable institution.
• A minimum of at least Diploma and a maximum of A Bachelor Degree in fields of Business, Finance, Economics, Social Sciences and any other related fields
• Should not be less than 20 and not more 35 years of age.

BFS Microfinance Limited 6 Job Vacancies, Various Positions

Mode of Application; 

The interested candidates are hereby encouraged to apply for the said positions by just sending an email with all Academic Certificates, CV with current address, and cover letter in one PDF. Send the above to hr@bfs.co.tz.

NOTE: All Interviews will be conducted at Mwanza

Deadline: All applications must have reached to the said email not later than 09/05/2025 at 16:00HRS