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.

Responsibilities or duties

• 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

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.

• 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

• 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.