About Us
Our Commitment to Well-being
Welcome to Our Journey of TFS SACCOS
About TFS SACCOS
Tegeta Friendship Savings and Credit Cooperative Society (TFS SACCOS) is a registered cooperative society in Tanzania—committed to empowering its members socially and economically through accessible, fair, and sustainable financial services.
Registered on September 18, 2018, under Registration No. DSR 1674, we operate from Tegeta, Kinondoni, Dar Es Salaam. TFS SACCOS is driven by strong cooperative values and a community-centered mission to improve the financial well-being of its members.
Our Objectives
English version
Promote a culture of regular saving.
Provide secure and interest-earning saving options.
Offer accessible loans with fair terms.
Educate members on wise borrowing and financial planning.
Design financial products tailored to member needs.
Promote investment and entrepreneurial initiatives.
Build financial resilience through insurance and emergency planning.
Strengthen our systems through modern ICT and ongoing education.
Engage in impactful corporate social responsibility.
Malengo Yetu
swahili version
Kukuza utamaduni wa kuweka akiba na nidhamu ya kifedha.
- Kutoa huduma salama za akiba zenye riba na mikopo yenye masharti ya haki.
Kuimarisha uelewa wa kifedha kupitia elimu ya mikopo na mipango ya kifedha.
Kutoa bidhaa za kifedha zilizobuniwa kulingana na mahitaji ya wanachama.
Kusaidia uwekezaji, ujasiriamali na uimara wa kifedha.
Kuimarisha mifumo kwa kutumia TEHAMA ya kisasa na kujifunza endelevu.
Kukuza maendeleo ya jamii kupitia uwajibikaji wa kijamii wa taasisi.
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Vision
To become a leading and trusted SACCOS in Tanzania, known for delivering excellent financial services.
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Mission
To empower our members economically and socially through efficient savings and loan services—guided by fairness, integrity, and affordable interest rates.
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Our Goal
To promote financial growth and social development by building a strong, member-driven cooperative that offers accessible savings and credit services.
Membership
We welcome anyone who:
Is 18 years or older.
Has good character and is of sound mind.
Is ready to participate actively and follow cooperative laws.
Meets the entry requirements (shares, fees, savings, etc.).
Current Members: 67
2025 Target: 100 MembersMember Contributions:
Entrance Fee: TZS 100,000
Shares: 40 shares at TZS 50,000 each (min. 50% upfront)
Monthly Savings: TZS 25,000 minimum
Annual Loan or Support Contribution: TZS 100,000
Products and Services
Savings Accounts
Fixed Deposits
Emergency Loans
Development Loans
Education Loans
Investment Opportunities
Mobile/Online Banking
Achievements
Increased capital and loan uptake
- Membership growth (especially youth and women)
Improved facilities and digital services
Stronger cooperation between members and government
Enhanced economic status for members
Effective audit and evaluation practices
Our Future Plans
Reach 100 members by 2025 and continue expanding
Launch more tailored loan and savings products
Fully digitize operations and services
Establish more member support and education programs
Build partnerships with local and international stakeholders