EFTA
Company

Last deal

$12M

Amount

Venture - Series Unknown

Stage

24.08.2020

Date

3

all rounds

$18.99M

Total amount

date founded

Financing round

General

About Company
EFTA Ltd is a Tanzanian finance company that specializes in providing equipment loans to small and medium enterprises and farmers.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

EFTA Ltd focuses on offering equipment loans of up to USD 100,000 to small and medium enterprises and farmers in Tanzania. Unlike traditional banks, EFTA does not require collateral other than the equipment itself, addressing a key constraint on small enterprise borrowing. By providing zero collateral loans, EFTA enables its customers to pursue ambitious growth plans and access the finance they need to expand their businesses. With headquarters in Moshi and offices across the country, EFTA serves entrepreneurs within a two-hour drive time of these locations.
Contacts

Contact Email

Phone number

Social url

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People

Founders
4

Paul Doye

Paul Doye is the Co-founder and Director of EFTA.

current job

EFTA
EFTA

organization founded

1

Paul Doye

Jeremy Lefroy
Jeremy Lefroy

Jeremy Lefroy

Jeremy Lefroy is the current Co-founder and Chairman of EFTA. He previously worked at UK Parliament as a Member Of Parliament. Jeremy Lefroy attended the University of Cambridge.

current job

EFTA
EFTA

organization founded

1

Jeremy Lefroy

Michael Schluter
Michael Schluter

Michael Schluter

Michael Schluter is the Founder of EFTA.

current job

EFTA
EFTA

organization founded

1

Michael Schluter

Michiel Timmerman
Michiel Timmerman

Michiel Timmerman

Michiel Timmerman is the current Co-Founder of EFTA. He previously worked at Equity for Africa Ltd as a Director and Co-Founder. Michiel Timmerman attended the University of Oxford.

current job

Mbuyu Capital Partners
Mbuyu Capital Partners

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2

Michiel Timmerman

Employee Profiles
4
Michiel Timmerman

Michiel Timmerman

Co-Founder

Michael Schluter

Michael Schluter

Founder

Paul Doye

Co-Founder & Director

Jeremy Lefroy

Jeremy Lefroy

Co-Founder & Chairman

Activity

Recent News
1