Website Sava-Tech Financial Services
Sava-Tech Financial Services
SAVA-TECH FINANCIAL SERVICES LIMITED
Job Advertisement: Loan Officer
Location: Dar es Salaam, Tanzania
About Sava-Tech Financial Services Limited
Sava-Tech Financial Services is a microfinance private company duly licensed by the Bank of Tanzania to engage in microfinance operations within Tanzania Mainland, which currently owns and operates a trading name Sava Loan, Sava Loan is an online lending platform that aims to provide affordable financial services to African consumers and small businesses who have limited access to financial products from traditional banks.
JOB TITLE: Loan Officer
COMPANY NAME: Sava Tech Financial Services Limited
JOB SUMMARY
Sava Tech Financial Services Limited is seeking a motivated and detail-oriented Loan Officer to evaluate, process, and manage loan applications. The successful candidate will be responsible for assessing clients’ financial needs, ensuring proper documentation, and supporting loan recovery while maintaining strong customer relationships. This role requires integrity, analytical thinking, and excellent communication skills to help grow the company’s loan portfolio sustainably.
KEY RESPONSIBILITIES
1. Loan Application Processing
Receive and review loan applications from clients
Ensure all required documents are complete and accurate
Guide clients through the application process
2. Credit Assessment
Analyze applicants’ financial status and repayment ability
Conduct background checks and risk assessments
Make recommendations for loan approval or rejection
3. Client Relationship Management
Build and maintain strong relationships with clients
Provide financial advice and explain loan terms clearly
Respond to client inquiries and concerns promptly
4. Loan Disbursement
Prepare approved loans for disbursement
Ensure compliance with company policies and procedures
Coordinate with finance team for timely release of funds
5. Loan Monitoring & Recovery
Track repayment schedules and follow up on overdue loans
Implement strategies to minimize defaults
Maintain accurate records of repayments and arrears
6. Reporting & Documentation
Maintain proper records of all loan transactions
Prepare regular reports on loan performance
Ensure all files are updated and well organized
7. Market Development
Identify potential clients and business opportunities
Promote loan products and services
Support company growth through client acquisition
Required Qualities;
Diploma or Degree in Finance, Accounting, Business Administration, or related field
2 Proven experience in microfinance, banking, or lending services is an added advantage
Strong analytical and decision-making skills
Excellent communication and interpersonal skills
High level of integrity and professionalism
Ability to work under pressure and meet targets
Good knowledge of credit risk analysis
Basic computer skills (MS Excel, Word, etc.)
Strong organizational and record-keeping skills
Ability to work independently and as part of a team
How to Apply:
Interested candidates should send their applications including a cover letter, CV and three professional references to hr@sava.co.tz by April 22, 2026, with the subject line “Application – “Loan Officer.”
Only shortlisted candidates will be contacted.
To apply for this job email your details to hr@sava.co.tz