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Umoja / Vikundi
Umoja / Vikundi
Strong groups grow stronger together. Umoja / Vikundi is Wekeza Faida’s group lending product for vikundi and member businesses that want shared access to finance with shared responsibility. With weekly repayments and branch support throughout the process, this loan helps groups fund member activities while keeping terms clear for everyone involved.
Who it’s for
Registered groups, vikundi, and member-based businesses with group guarantee structures.
Key points
- Group-based lending with shared responsibility
- Loan range: up to TZS 5,000,000 per group
- Tenor: 1–6 months
- Repayment: weekly
- Guided application support from our loan officers