Bayport Financial Services Tanzania opened its doors in 2006. Tanzania is politically stable and boasts a fast-growing economy. The fact that its more than 500 000 public servants have limited access to credit presents Bayport with great opportunities.
A unique feature of Bayport Tanzania is its virtual branches. These are used both as research and development centres and direct sales centres – bringing Bayport’s services within easy reach of customers. As soon as a virtual branch becomes sustainable, it is quickly transformed into a full branch. Courtesy of this innovation, the operation’s growth is particularly strong in rural areas.
Bayport Tanzania currently has 81 branches. Almost 1050 mobile sales agents and around 300 permanent employees service 60 000 customers.
PRODUCT OFFERING
- Short Term Loans
- Medium Term Loans
- Long Term Loans