TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA

Tala announced temporarily stoppage of loan issuances to Tanzania. PHOTO /CORRESPONDENT

TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA

By Donald Kogai

Tala Tanzania has not made a decision to permanently close operations.

However, after piloting our credit product in Tanzania, we have paused our lending operations and are undertaking a review of our operations to determine our path forward in the market.

Tala remains a mission-driven global company that has impacted over 4 million individuals with over $1 billion in disbursed loans.

We are actively working to continue to support financial access in Tanzania.

Our operations in Kenya continue uninterrupted as Kenya is a critical part of our global business.

We are continuing to evolve our product to meet the needs of our 3 million customers here and are also piloting some exciting new offerings in financial education and coaching.

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  1. grandpashabet
    March 18, 2024 at22:30 pm

    TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA

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  2. grandpashabet
    March 10, 2024 at02:12 am

    TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA

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