Products & Services

Our Market target is low-income earners and mostly are:

1. Women/Housewives: Women are the pillars of their families; supporting them benefits the entire household.
2. Small Business Owners (Machinga): These individuals often lack financial support from banks due to insufficient collateral and other factors.
3. Disability Entrepreneurs: They face challenges in obtaining financial support due to their health conditions.
4. Youth: Young people are crucial for future national economic development.

African culture especially in Tanzania don’t have saving behaviour, This led lower to middle income citizen lack economic improvement, their only hope is loan facilities while they are unqualified to bank institutions Thus is why microfinance institutions are doing well on third world countries and one of the most health return business investment It’s kind of business/ investment / product which always demanded in all classes from lower to high economic level ……’people always need money either for family issues or by investment its lifetime demanded

Since its launch in 2022 our vision and focus has been to provide customers with trust and help customers win in any situation.

1. High Demand: There is a significant need for microfinance services among low-income earners.
2. Regulatory Environment: The industry is regulated by the Bank of Tanzania, ensuring compliance with financial standards.
3. Growth Potential: The microfinance sector has substantial growth potential, driven by increasing demand for inclusive financial services.

1. Strong Understanding of Local Market: YML’s management team has deep insights into the local economic conditions and customer needs, enabling the creation of highly relevant financial products.
2. Tailored Financial Products: Our products are specifically designed to meet the needs of low-income earners, ensuring accessibility and affordability.
3. Dedicated Management Team: Our team’s extensive experience in microfinance and banking positions us well to navigate industry challenges and capitalize on opportunities.
4. Regulatory Changes: Changes in microfinance regulations could impact operations, but YML’s proactive compliance strategy ensures we are well-prepared to adapt to new regulatory environments.
5. Economic Fluctuations: Economic instability can affect clients’ repayment capacity; however, YML’s robust risk management practices help mitigate potential impacts.
6. Competition from Other Microfinance Institutions: The competitive landscape requires YML to continuously innovate and improve its offerings, but our customer-centric approach and tailored products provide a competitive edge.

1. Expanding Market Reach: There is significant potential to expand YML’s services to underserved regions, particularly rural areas where financial exclusion is most pronounced.
2. Digital Financial Services: The rise of digital banking presents an opportunity for YML to offer innovative, tech-driven financial solutions, enhancing accessibility for clients.
3. Partnerships with International Institutions: Collaborating with international microfinance institutions can provide access to additional funding and technical expertise, supporting growth and innovation.