Mission:
To be a rural microfinance bank which will deliver high quality services for the development of Mbinga district. The bank will continually stimulate economic grwoth and be a lead catalyst in the war against poverty.
Background and Main Challenges: 
The bank opened doors in July 2003. The establishing of the bank was a response of the Mbinga economically active population to the collapse of the cooperative union in the district which used to give rural financial services through a chain of savings and credit societies.
Address: 
Mbinga PO Box 290
Ruvuma
Tanzania
Phone: 
+255 25 2640 760
Email: 
mcb [at] raha [dot] com
Main Funding Sources: 
Grants
Savings
Shareholder Capital
Products and Services: 
Loans
Voluntary Savings
Insurance
Training and Consulting
Fund Transfer Services
Services Provided: 
Second-tier Lending to MFIs
Education
Looking for (Investment Types): 
Capacity Building Grants
% Operations Comprised by MF: 
81 - 90
Date established: 
Jul 30 2003
FYE: 
31-Dec
Regulated: 
yes

Partnerships

Current
Name Relationship
CBA Network Affiliation
Craft Silicon Vendor
Microfinanza Rating Rating

Related Organizations

Current
Name Relationship
CBA

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Shedehwa Optati
    General Manager
    mcb [at] raha [dot] com
    +255 25 2640 760