{"id":13204,"date":"2020-08-06T17:21:20","date_gmt":"2020-08-06T17:21:20","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=13204"},"modified":"2020-08-06T17:21:20","modified_gmt":"2020-08-06T17:21:20","slug":"nbcs-low-interest-loans-benefit-mwanza-smes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes","title":{"rendered":"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES"},"content":{"rendered":"<p><strong>AfricaPress-Tanzania:<\/strong> THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and Medium-sized Enterprises (SMEs) through provision of low interest loans.<\/p>\n<p>Speaking to SME business owners in Mwanza region during a get together party arranged for the bank\u2019s SME clients, the bank\u2019s Managing Director, Theobald Sabi said; \u201cWe issue low interest loans to SMEs as part of our initiative to enable small business owners grow their business and ultimately boost the country\u2019s economy at large.\u201d<\/p>\n<p>Mr Sabi noted that there are several success stories from small and medium sized business owners that demonstrate how much NBC bank\u2019s loans have contributed to the growth of their businesses.<\/p>\n<p>Speaking at the event, the NBC Director of Business Banking, Elvis Ndunguru said the aim of organizing a get together with SME business owners was to familiarize them with various banking services and products that are tailored for SMEs and are geared to help entrepreneurs grow their businesses.<\/p>\n<p>\u201cFor instance, we offer low-interest loans to business owners with no requirement of collateral as long as they have business contracts with big companies,\u201d said Ndunguru.<\/p>\n<p>Giving her testimony on how loans from NBC bank have helped her grow her business, a Mwanza-based businesswoman, Grace Kweka said through loans she received from NBC over the years, she has managed to grow her business from 7.0m\/-in 2005 to 250m\/- now.<\/p>\n<p>\u201cSome business owners especially women tend to be reluctant to get loans from financial institutions, but I have a pleasant experience with NBC bank for instance when coronavirus was at its peak I couldn\u2019t travel outside the country to get goods, hence I negotiated with the bank and they agreed to reduce my interest fee,\u201d said Kweka adding that she started out as an entrepreneur and she now owns a medium-sized business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AfricaPress-Tanzania: THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and Medium-sized Enterprises (SMEs) through provision of low interest loans. Speaking to SME business owners in Mwanza region during a get together party arranged for the bank\u2019s SME clients, the bank\u2019s Managing Director, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":13181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[4816,646,569],"class_list":["post-13204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-elvis-ndunguru","tag-nbc","tag-smes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES - Tanzania<\/title>\n<meta name=\"description\" content=\"THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES\" \/>\n<meta property=\"og:description\" content=\"THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-06T17:21:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1382\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES\",\"datePublished\":\"2020-08-06T17:21:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\"},\"wordCount\":320,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg\",\"keywords\":[\"Elvis Ndunguru\",\"NBC\",\"SMEs\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\",\"name\":\"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES - Tanzania\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg\",\"datePublished\":\"2020-08-06T17:21:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg\",\"width\":2560,\"height\":1382,\"caption\":\"????????????????????????????????????\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/tanzania\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/\",\"name\":\"Tanzania\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES - Tanzania","description":"THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes","og_locale":"en_US","og_type":"article","og_title":"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES","og_description":"THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and","og_url":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes","og_site_name":"Tanzania","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-08-06T17:21:20+00:00","og_image":[{"width":2560,"height":1382,"url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES","datePublished":"2020-08-06T17:21:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes"},"wordCount":320,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg","keywords":["Elvis Ndunguru","NBC","SMEs"],"articleSection":["all news","Economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes","url":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes","name":"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES - Tanzania","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg","datePublished":"2020-08-06T17:21:20+00:00","author":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"THE National Bank of Commerce (NBC) has reiterated its commitment to support the growth of the private sector, particularly the Small and","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#primaryimage","url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg","contentUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/08\/38c7f475fd2e933d4dc7d909f4c30f94-scaled.jpeg","width":2560,"height":1382,"caption":"????????????????????????????????????"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/nbcs-low-interest-loans-benefit-mwanza-smes#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/tanzania\/"},{"@type":"ListItem","position":2,"name":"NBC\u2019S LOW INTEREST LOANS BENEFIT MWANZA SMES"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/tanzania\/#website","url":"https:\/\/www.africa-press.net\/tanzania\/","name":"Tanzania","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/13204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/comments?post=13204"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/13204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media\/13181"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media?parent=13204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/categories?post=13204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/tags?post=13204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}