asy finance was established as a result of a blatant gap within the current micro-finance environment in Tanzania. Access to financing has been difficult for the average Tanzania let alone the poor one living below the global poverty measure of less than a Dollar a day. For those who are lucky or in some cases, we at Easy Finance like to think of them as unlucky Enough to access the credit, the terms and condition are too onerous and unrealistic. Further more, there is also a blaring gap between the supply of financial skills for the microfinance industry which becomes a constraint in increasing access of credit to the poor.

One of the key obstacles facing enterprises in Tanzania is finding access to financing and those who can find the access, the cost of the financing tends to be a major obstacle. The obstacle of access to finance is far more acute to the SME’s and to micro enterprises especially to those in rural areas. Poor physical infrastructures (especially roads and telephones make payments and deposit services highly costly for the majority of the population that resides in the rural areas. Neither the banks nor the Micro Finance Institutions (MFI’s) in Tanzania have made any significant headway in finding secure and cost effective ways of lending in these areas.