Job Advertisement: Loan Officer

Company Name: Sava-Tech Financial Services Limited

Job Title: Loan Officer

Location: Dar es Salaam, Tanzania

Application Deadline: July 31, 2026

About Sava-Tech Financial Services Limited

Sava-Tech Financial Services is a 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 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

Loan Application Processing

Receive and review loan applications from clients.
Ensure all required documents are complete and accurate.
Guide clients through the application process.

Credit Assessment

Analyze applicants’ financial status and repayment ability.
Conduct background checks and risk assessments.
Make recommendations for loan approval or rejection.

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.

Loan Disbursement

Prepare approved loans for disbursement.
Ensure compliance with company policies and procedures.
Coordinate with finance team for timely release of funds.

Loan Monitoring & Recovery

Track repayment schedules and follow up on overdue loans.
Implement strategies to minimize defaults.
Maintain accurate records of repayments and arrears.

Reporting & Documentation

Maintain proper records of all loan transactions.
Prepare regular reports on loan performance.
Ensure all files are updated and well organized.

Market Development

Identify potential clients and business opportunities.
Promote loan products and services.
Support company growth through client acquisition.

Required Qualities & Qualifications

Diploma in Finance, Accounting, Business Administration, or related field.
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 July 31, 2026.

Please use the subject line: “Application – Loan Officer”.

Note: Only shortlisted candidates will be contacted.

To apply for this job email your details to hr@sava.co.tz

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