About Us

AML FINANCE LIMITED

History of AML

AML FINANCE LIMITED are committed to providing tailored financial solutions that empower both businesses and individuals across Tanzania. As a trusted financial services provider, we specialize in offering loans to upper-end SMEs and salaried employees, with flexible repayment schedules that cater to our clients' unique needs.

AML was registered on 19th April, 2010 as a limited liability company and started operations in the same year. It holds a Certificate of Incorporation No. 75969. The company is licensed to offer financial services as a Microfinance Lender and as a non-deposit-taking financial institution.

Our team is dedicated to supporting the growth and sustainability of businesses by offering access to capital, enabling entrepreneurs and organizations to pursue their ambitions. By partnering with us, clients gain access to reliable and transparent financial services that help them achieve their financial goals and drive economic growth in the region.

Business Strategy

The company was registered as ‘African Microfinance Limited (AML)’ in 2010 and as a microfinance lender with a vision to be a “Leading Microfinance Institution in Tanzania” and a Mission to provide “financial solutions to individuals who feel denied such services by conventional banks”. However, beginning in 2015 the company has been in the transformation mode by embracing more SME clientele, as opposed to micro enterprises, and reducing its exposure to ‘Group Lending’, which is one of the traditional targets of the microfinance business. Lending to individuals has also been redirected towards the more economically empowered ‘salaried employees’.

Following a thorough business review carried out from May to August 2018, the Board of Directors made a strategic decision to rebrand the company by changing its name to AML Finance Limited (AML), and redrafting the Vision, Mission and values of the company with a view to focusing on and servicing the upper–end SMEs, as well as reorganizing the company to deliver a more effective and efficient service.

This Strategic Business Plan (2019 – 23) was developed on the basis and direction of the new Vision and Mission approved by the Board of Directors on 17th November 2018. The aim of this Plan is to translate the Vision and Mission of the company into a plan of action over the next five (5) years, commencing in 2019, with annual budgets, to provide a level of performance consistent with the expectations of its shareholders, directors and employees. The priorities of the company under this Strategic Business Plan are as follows:

  • Alignment (of the actions) with AML’s strategic elements (i.e. Vision, Mission and Values)

This Plan is premised on enabling the company to deliver on its Vision and Mission as well as to meet its performance objectives as directed by the Board of Directors.

  • Provision of a broad range of financial products and services

AML will strive to develop the capacity to continually respond to the needs of its customer segment of choice, and develop and deliver appropriate products for the upper end of SMEs in Tanzania.

  • High Level of Execution

The plan is premised on the effective and efficient delivery of the envisaged business targets while maintaining the highest level of professionalism that cultivates the trust of all stakeholders.

  • Enhancement of the AML Brand

It is further envisaged that at the end of the implementation of this Strategic Business Plan, AML will evolve into a significant non-bank brand in the SME business segment and a Trust Centre with an extended financial portfolio that has in place the following: The right people, the right product mix; The right technology and strong governance.

Mission & Vision

We are driven by our core values (Integrity, Initiative, Execution and Accountability), our team is the most precious asset we treasure.
The company’s new Vision and Mission are stated as follows:

Our Mission

To provide competitive financial solutions to SMEs

Our Vision

To be the most reliable and accessible financial institution for SMEs.

AML FINANCE LIMITED

We offer a wide range of services and products that can be essential to an individual, business and or organization.

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AML FINANCE LIMITED

CORE VALUE

Our core values are intended to support the vision and shape the culture of the company. They are the principles, beliefs and values that will drive AML to achieve its objectives.

Furthermore, these core values will also inform our clients and potential customers about what the company is about and help clarify its identity. The Board of Directors believes that if all employees embody these values it will provide AML with a huge competitive advantage.

Initiative:

Proactively and consistently applying new ways to deliver products and services to our clients and business relationships;

Accountability:

Delivering the right products and services while mindful of our obligations to all our stakeholders;

Execution:

With utmost intention deliver the desired results effectively and efficiently;

Integrity:

Maintain the highest level of professionalism to cultivate the trust of all our

Our Testimonails

What They Are Saying

"
I was in dire need of financial assistance, and AML FINANCE came to my rescue. Their team guided me through the entire loan process with patience and clarity.
AML Client
Contractor

About Us

AML Finance Limited, We are a limited liability company seeking to provide financial services to the upper end SMEs business entities and salaried employees in Tanzania.

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Contact info

AML Finance Limited, We are a limited liability company seeking to provide financial services to the upper end SMEs business entities and salaried employees in Tanzania.

  • Tanzanite Tower, 5th Floor, Mwenge
            Dar es Salaam, Tanzania
  • +255 677 700 330
  • info@amlfinance.co.tz