EFTA
Curated by SignalFintech offering equipment loans to support SMEs in Tanzania.
Overview
EFTA operates in the commercial point of sale financing sector, focusing on providing equipment loans and lease financing to small and medium enterprises in Tanzania. The company aims to address the financing gap for the 'missing middle' in the private sector, which often faces challenges in accessing equipment loans. EFTA offers loans of up to USD 600,000, with the equipment itself serving as collateral. The recent acquisition of 200 New Holland tractors indicates EFTA's involvement in supporting smallholder farmers through the provision of mechanization. Additionally, EFTA collaborates with equipment suppliers to enhance its service delivery for businesses looking to expand their operations.
Key facts
- Founded
- 2003
- Headquarters
- Moshi, Tanzania
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 8 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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