ABOUT MML
Company
Profile
Registered and in operations.
Incorporation number: 70712
Company name: MILLENIUM MICROFINANCE (T) LIMITED
Company type: Private company Limited by shares.
Owners: Tanzanians
License assigned: MSP2-0882, issued on 01/08/2022 (License issued under section 21 of the Microfinance Act, of 2018).
Who We Are
Millenium Microfinance Limited (MML) is a private company, limited by shares granted a license No: MSP2-0882 on 1st August,2022 to carry out microfinance business in Tanzania as a Non-Deposit Taking Microfinance Service Provider, regulated by the Bank of Tanzania under Tier 2.
Legal Registrations
The company was incorporated in 2009 under the Company Act, CAP 212 of 212, and commenced its operation effective from June 2009 by issuing small loans to business owners.
Current Operations
Currently, the company is operating under supervision of Bank of Tanzania to carry out activities such as issuing microfinance loans to micro and small enterprises, provision of professional advice to customers reagrding investments in small business and operation of micro leasing facilities.
Our Vision
To become a leading microfinance institution in Tanzania with a meaningful contribution to economic well-being of people.
Our Mission
To provide financial services to micro entrepreneurs in Tanzania so as to improve their standard of living.
Our Goal
To serve clients operating businesses having relatively low level of business volume, simple organizational structure, low degree of formalization, limited availability of conventional loan collateral, etc.
Organization & Management
MML is constituted by the Board of Directors and Management team which represents the interest of the shareholders.
Registered Office
Region: Dar- Es- Salaam, District: Kinondoni, Ward: Makumbusho, Street: Victoria, Road: Ali Hassani Mwinyi, Plot number 73, Block number 45b.
Contact Address
Email: info@microfin.co.tz or olais2011@yahoo.com, Mob no: 0713-842876/0762-864432, P.O.Box 65544, Dar-Es-Salaam, Tanzania.