March 2, 2023
Fikia Finance is a lending only financial institution incorporated in Tanzania in the year 2020.
The company is a subsidiary of the Finclusion Group Limited who operates several digital lenders across East and Southern Africa. Fikia has sister operations in Kenya, South Africa, eSwatini, and Namibia.
Fikia Finance serves a range of secured MSME-focused term loans (93% of portfolio) in addition to payroll loans (7% of portfolio) issued to private employees and employees in the Tanzanian banking sector.
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