SAVA-TECH FINANCIAL SERVICES LIMITED

Job Advertisement: Loan Officer

Location: Dar es Salaam, Tanzania

About Sava-Tech Financial Services Limited

Sava-Tech Financial Services Limited is a private company duly licensed by the Bank of Tanzania to conduct microfinance operations in Tanzania Mainland. The company operates under the trading name Sava Loan, an online lending platform dedicated to providing affordable financial services to African consumers and small businesses with limited access to traditional banking products.

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Position: Loan Officer

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 assess clients’ financial needs, ensure proper documentation, support loan recovery activities, and maintain strong customer relationships. This role requires integrity, analytical thinking, and excellent communication skills to contribute to the sustainable growth of the company’s loan portfolio.

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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 loan application process.

2. Credit Assessment

• Analyze applicants’ financial status and repayment capacity.
• Conduct background checks and credit risk assessments.
• Recommend loan approval or rejection based on assessment findings.

3. Client Relationship Management

• Build and maintain strong relationships with clients.
• Provide financial guidance and clearly explain loan terms and conditions.
• Respond promptly and professionally to client inquiries and concerns.

4. Loan Disbursement

• Prepare approved loans for disbursement.
• Ensure compliance with company policies and procedures.
• Coordinate with the finance team to facilitate timely loan disbursement.

5. Loan Monitoring and Recovery

• Monitor repayment schedules and follow up on overdue accounts.
• Implement effective strategies to minimize loan defaults.
• Maintain accurate records of repayments, arrears, and recovery activities.

6. Reporting and Documentation

• Maintain accurate records of all loan transactions.
• Prepare periodic reports on loan portfolio performance.
• Ensure all client files and documentation are complete, organized, and up to date.

7. Market Development

• Identify potential clients and new business opportunities.
• Promote the company’s loan products and services.
• Support business growth through client acquisition and retention initiatives.

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Qualifications and Requirements

Applicants should possess:

• A Diploma in Finance, Accounting, Business Administration, or a related field.
• Proven experience in microfinance, banking, or lending services (an added advantage).
• Strong analytical and decision-making skills.
• Excellent communication and interpersonal skills.
• High integrity and professionalism.
• Ability to work under pressure and meet performance targets.
• Good understanding of credit risk analysis.
• Proficiency in Microsoft Office applications (Excel, Word, etc.).
• Strong organizational, record-keeping, and documentation skills.
• Ability to work independently and collaboratively within a team.

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How to Apply

Interested candidates should submit the following:

• Cover Letter
• Updated Curriculum Vitae (CV)
• Three (3) Professional References

Send your application to hr@sava.co.tz no later than 30 June 2026.

Email Subject Line: Application – Loan Officer

Note: Only shortlisted candidates will be contacted.