A Better Way To Shop Online For Furniture

Mzalendo Housing Finance Limited is a Tanzanian Microfinance Institution established in March 2017 under Company Act 2002; The Company deals with providing loans and leasing for clients to enable them acquires best quality furniture for home and office usage. We provide loans for individuals and leasing for the institutions

01. PURPOSE

To facilitate Tanzanians to acquire best quality furniture at a reasonable price for home and office usage.

02. MISSION STATEMENT

To provide sustainable financial support to individuals who feel denied such services by conventional banks.

03. VISION

To be the first choice microfinance institution for furniture supply in Tanzania.

04. CORE VALUES

Accountability, Integrity, Innovation, Trustworthy.

Scope of Work

We provide loans to individuals in Dar-Es-Salaam region while we provide leasing to institutions within Tanzania. For loans, as a client place his/her order it takes one to two weeks to be accomplished depending on the size of the order. The furnitures should be collected by a client him/herself even at our site which is located in Kigamboni at Gezaulole area. The transportation cost from the site to the applicants house and even installation is upon the applicant. However for leasing the Mzalendo Housing Finance Limited is liable to deliver the furniture at the clients premises as well as fixing all the furniture respectively.

 

Your Satisfaction defines our Success

Goals

To assist and encourage Tanzanians population to build their houses. To contribute to housing accomplishment specifically for doors, roofing and tiles. To promote a credit culture among house owners within Tanzania.

Values

Mzalendo Housing Finance Limited is strongly committed in friendly, courteous and on timely high quality customer care. We make sure a customer is satisfied with the professional customer service provided with a lot of experience. We are excellent with customer relation skills, work ethics and employee considerations. These will be useful in making both internal and external clients comfortable in trusting the company while providing the outstanding customer services.

Legal Status

Mzalendo Housing Finance Limited Company is a registered company under the company Act, 2002 with business license and Tax Identification Number 132-811-431 for Micro Credit activities.

Awarded Certificates:  

  • Business License
  • Certificate of Incorporation
  • Tax Identification Number
  • Certificate of Registration for VAT

Memorandum & Article of Association

Our Products

OUR PRODUCTS

The company has got two products.

  1. Loans: We provide loans to individuals only. The amount of loans is specifically for furniture acquisition and not otherwise. A borrower is supposed to repay on monthly basis for a period of three to six months. Items in this category are Doors (outside and inside ones), Dining tables and chairs, Kitchen Cabinets and Wardrobes.
  2. Leasing: It is provided to institutions only. The institution may lease for a minimum of one year up to five years. The contract is renewable. The mode of repayment is on monthly basis. The items to be leased are Executive desks, Meeting room tables, Office tables and chairs, Reception tables, and File cabinets.

TARGETED CLIENTS

Leasing:-

National Social Security Fund (NSSF), Agencies such as Tanzania Building Agency (TBA), National Housing and Building Research Agency (NHBRA), Suma JKT, Government Employees Provident Fund (GEPF), Local Authorities Pensions Fund (LAPF), Watumishi Housing Company (WHC), National Housing Corporation, Banks such as TPB Bank, CRDB, NMB, NBC, FINCA MICROFINANCE BANK, AKIBA COMMERCIAL BANK, DTB, KCB, BOA BANK, SELF, EFC etc.

Loans: –

Individuals (for residential buildings) are allowed to borrow and pay on monthly basis. The items for this category are (Doors both inside and outside ones, Dining table,  Kitchen cabinet, wardrobes)

Your Satisfaction defines our Success