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About TANESCO SACCOS

TANESCO SACCOS Limited is a member-owned Savings and Credit Cooperative Society (SACCOS) established primarily to serve employees and retirees of the Tanzania Electric Supply Company Limited (TANESCO), the Ministry of Energy, affiliated institutions, and other approved organizations. Headquartered in Dar es Salaam, Tanzania, the SACCO provides a wide range of savings, current account (FOSA), and loan products designed to improve members' financial well-being. Its lending portfolio includes development loans, emergency loans, education loans, salary-backed loans, entrepreneurship loans, transport loans, holiday loans, medical loans, and household equipment loans

Amount

-

Tenor

-

Min. approval time

24 hrs

Countries

Created on

July 2026

Last updated

July 2026

Requirements

The basic requirements to apply for a loan on TANESCO SACCOS include:

  • •   Be a registered member of TANESCO SACCOS.
  • •   Meet membership eligibility requirements.
  • •   Have sufficient savings where applicable.
  • •   Demonstrate repayment ability, generally through salary.
  • •   Meet the SACCO's lending policies.

How to Apply

To apply for a loan with TANESCO SACCOS, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

Contact

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