Job Overview

Loan Officer at Serene Microfinance Ltd

Position: Loan Officer

Employing Company: Serene Microfinance Ltd

Working Station: Dar es Salaam

Advert Date: (09th July, 2026)

Company Description

Serene Microfinance Limited has been a growing and expanding company since its establishment in providing financial solutions to many individuals and corporates. Serene Microfinance Ltd exceptionally stands as good example due to the unique contribution in reaching many categories of customers in Tanzania with micro-loans whose operations are in many parts of Dar es Salaam City, the nearby regions and all over Tanzania regions.

In an effort to stream line operations, Serene Microfinance Ltd seeks to recruit qualified Loan Officer to work in Credit Department to ensuring smooth operation of the Microfinance.

Job Position: Loan Officer

Loan Officer Duties and responsibilities

Required Skills and Experiences for Loan Officer

Financial analysis to evaluate creditworthiness, a strong grasp of regulatory compliance and proficiency with loan software, communication Skills, and sales Skills to guide clients through complex processes.

General Qualification for Loan Officer

Holder of University Degree or equivalent qualification in Business administration, Finance or any other related field

A t least two year experience in a similar position.

• Maintain an active knowledge base of all of the Microfinance’s loan products and an understanding of the qualifications required of each applicant
• To build and maintain a substantial and high-quality loan portfolio
• To conduct members/customers recruitment and screening
• To orient clients to the particular loan products and services.
• To analyze applicants’ financial status, credit and property evaluation and determine feasibility of granting loans and ensuring loan repayments after disbursement
• Make a regular contact with the customers and clients in field.
• Ensure Loan collection is done based on procedures and loan agreement
• Keep tracking of outstanding loans and ensure loan recovery is done based on policies and procedures.
• Update account status and database regularly
• Comply with requirements when legal action is unavoidable
• Handle customers’ questions or complaints
• To prepare and present loan report timely (Daily, Weekly and Monthly )

• Financial analysis
• Creditworthiness evaluation
• Regulatory compliance
• Loan software proficiency
• Communication Skills
• Sales Skills

• University Degree or equivalent qualification in Business administration, Finance or any other related field