Project Experience


Establishment and Management of AccessBank Tanzania (ABT), since 2007

AccessBank Tanzania (ABT) was established in 2007. Its shareholders are AccessHolding, African Development Bank (AfDB), Belgian Investment Company for Developing Countries (BIO), the International Finance Corporation (IFC) and the German Development Bank (KfW).

LFS is the Technical Partner in charge of establishing and managing ABT. Its services (management, advice, training) cover all business areas of ABT. ABT’s corporate goal is to provide the core target group of micro, small and medium-sized enterprises (MSMEs), as well as other clients in the lower income strata, with a broad range of appropriate financial services. ABT aims to become one of the leading retail providers of finance to this target group in Tanzania, and to set standards in terms of efficiency, transparency, and customer service.

For more information, visit AccessBank Tanzania and AccessHolding at:

AccessBank Tanzania: Agent of the M-PESA Mobile Banking Network, Project Preparation and Project Implementation 2010 – ongoing

In Dec 2010 AccessBank Tanzania (ABT) established co-operation with Vodafone (Vodacom) to become an agent of the M-PESA mobile banking system that works the following way.

All the people that are subscribed to Vodacom have access to M-PESA system where they can get an electronically managed M-PESA account via their mobile phones.

An agent can be a bank or a financial institution, but also e.g. a retail chain or a petrol station. By paying cash into an M-PESA account, the client acquires e-money, which s/he can transfer using his/her mobile phone. The receiving account can be an M-PESA client of Vodacom or a client of any other network Once a client has e-money in the mobile phone, it can be used to buy items, send money upcountry to relatives, and many other usages where an M-PESA agent earns commission from the exchange of either e-money or cash.