11 Jan 2023

Recovery Officers at VisionFund Tanzania Microfinance Bank Ltd

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Job Description



VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of more than TZs. 28 billion and more than 30,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;


Work reference no. 003/2023

Position: Recovery Officers

Reporting to: Recovery Manager


To investigate the reasons for loans non-repayment and write offs in centers and Recovery of bad/written off loans.

Main tasks

  1. Collects and recovers written off loans
  2. Coordinates the recovery and sales of collateral
  3. Collects outstanding non-performing loans of past 90 days
  4. Properly documents loan recovery process
  5. Ensures that the Branch/Business Centre meets the recovery targets
  6. Coordinates the work of debt collectors, loan officers in all recovery exercises


  • Bachelor Degree in Economics, Accounting, Marketing, Business administration and Community Development.
  • A minimum of 2 years working experience in Microfinance (Loan/Recovery unit)

Special / Personal Abilities

  • Excellent character and unquestionable integrity Willingness and ability to efficiently work in a team Good oral and written communication skills
  • Must be a self-starter, highly motivated, organized, and detail-oriented Model and demonstrates effective Christian leadership
  • Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is added advantage Motor cycle driving license
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Method of Application

Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to; [email protected].

The position should be the subject of the email application.

OR; through the postal address below:

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited,

P.O. Box 1546,


The application should reach the undersigned not later than 20th January 2023.

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