Join us on a Micro-finance internship in Tanzania and gain practical experience working with small loans in a developing country.
The main aim of this project is to help local entrepreneurs set up and extend their small businesses. All the beneficiaries are women who need to contribute to their family’s income. Recent small businesses that we’ve supported include rearing chickens and making and selling jewellery.
During your internship, you’ll help create business plans, set up marketing strategies, and present workshops for entrepreneurs. You’ll do all of this with the guidance of a supervisor who has a wealth of experience in micro-finance and working in local, disadvantaged communities.
You will be based in the city of Arusha and live with a local host family. This is a great opportunity to learn more about Tanzanian culture, traditions, and enjoy the local cuisine!
When you apply you only pay $295, which comes off the total price.
Looking to do more than one project? Call us on (+1) 212 244 7234 to see if we can offer a discount.
Flexi Trips - A flexible project that gives you the support and independence you need as you volunteer
Tanzania > Microfinance
Completely flexible dates
Arusha (Read More)
Host family Read More
Anyone aged 16 or over can join
What's included in the price?
Food (three meals a day)
Travel and medical insurance
Airport pick-up and drop-off
Full induction and orientation by an experienced staff member on arrival
Transport to and from your work placement
In-country support and 24-hour back-up from our team of full-time local staff
Emergency assistance from our international emergency response team
Project equipment and materials, including access to our database with thousands of resources
A supervisor/mentor at your work placement
Training and workshops from our experienced local staff
Regular social events and community activities with other volunteers and interns
Access to our local office with internet connection
Certification of project completion
Access to our alumni services and discounts
Visa support and advice
Fundraising support, including your own personalized fundraising website
Pre-departure preparation by your own specialist Volunteer Advisor
Personalized MyProjectsAbroad website, with all the information you need about your project, accommodation and destination
A free cultural awareness course
Membership to our volunteer social media groups, to share information and to get in touch
Support to help you complete registration or internship documents, if applicable
What's not included?
Visa costs (where applicable)
Is a Micro-finance internship in Tanzania right for me?
Would you like to pursue a career in finance or international development? Are you passionate about entrepreneurship? Would you like to support women in disadvantaged communities? Then this project is perfect for you!
As a Micro-finance intern in Tanzania, you will work with our local staff and help female entrepreneurs build their businesses. You will also get the opportunity to offer your own insights and advice. This is an excellent opportunity to gain experience in business and finance. You’ll be able to talk about what you learned in Tanzania during interviews and add this practical work experience to your CV.
An internship of this kind also prepares you for the working world. It helps you practice the skills needed to be a successful businessperson. You don’t need any prior experience to join. All you need is to be punctual, professional, and hard-working. Our staff will teach you everything you need to know, and you can ask questions and for advice.
Our Micro-finance internship in Tanzania runs year-round and you can join at any time. You are required to spend at least two weeks on the project, but there is no time limit beyond this. The longer you spend on the project, the more you will be able to gain from it. You’ll also gain even more micro-finance work experience while in Tanzania.
What will I be doing as a Micro-finance intern in Tanzania?
During your Micro-finance internship in Tanzania, you can expect to:
- Run weekly workshops to provide general business guidance and support
- Do house visits and interviews to see if women can apply for the loans
- Manage loan accounts and monitor targeted individuals who have already received loans
- Develop marketing strategies based on the business plans of local entrepreneurs
Your work will focus on the following areas:
Along with your fellow interns, you will run weekly workshops for the entrepreneurs.
During these workshops, you will be able to share your own insights and knowledge of business. You will also teach the women basic English, literacy, and numeracy.
Do house visits
During house visits, you will interview women to see if they qualify for the loans. If so, you will create profiles for them on our database.
Manage loan accounts
The central aspect of this project is the fact that we help local entrepreneurs build their small businesses through interest-free loans. As their businesses start taking off, they are required to pay us back in small instalments.
You will get the opportunity to manage and monitor various loan accounts. You will do this with the guidance of your local supervisor, who is a qualified loan officer. You will mostly do this after workshops.
Develop marketing strategies
The work you do will be focused on helping entrepreneurs build small businesses. You will help them put together their business plans and develop marketing strategies.
Recent small businesses that interns have been working with include rearing chickens and making and selling jewellery.
Where in Tanzania will I be working?
You will be based in the city of Arusha. It’s located in the north east of Tanzania, close to the border of Kenya. The city serves as a gateway to a variety of popular tourist attractions, including the Serengeti National Park and the Ngorongoro Conservation Area. Because of this, you will find an interesting mix of locals and tourists. This also makes Arusha a good city for small businesses to flourish.
You will be working in the Projects Abroad Micro-finance office in Arusha alongside a dedicated local team. Your time is split between the office, and doing house visits and running workshops in local communities.
Your work will be guided by an experienced loan officer. Together, you will help ensure that the individuals and groups taking part are given the chance to secure financial independence.
A typical day as a Micro-finance intern in Tanzania
You will start your day with a hearty breakfast around the table of your local host family. After this, you will set out to the office using public transport known as a dala dala. Projects Abroad staff members will accompany you on your first day to familiarise you with the route.
Working hours are normally from 8am to 5pm. For the first part of the day, you will be doing administrative tasks in the office. This might include reading through business plans, working on marketing strategies, and going through loan account statements.
Between 12pm and 1:30pm, you will get a lunch break. If your host family lives close by, you can head home to eat and rest. Alternatively, you’ll enjoy a packed lunch at the office.
Your afternoons are usually spent working with local entrepreneurs. This might include helping them work on their marketing plans or running workshops.
Once your working day is done, your evenings will be your free time to do what you like. Be sure to spend as much time as possible with your host family to learn more about the local culture. Enjoy meals with them and even join them for family outings.
Evenings and weekends are also the perfect opportunity to explore the city and the surrounding national parks with your fellow interns.
What are the aims and impact of this Micro-finance internship?
The main of this project is to support local entrepreneurs in Tanzania and help them achieve financial independence. We do this by providing them with small, interest-free loans and helping them lay the groundwork for their business.
All the beneficiaries are women who need loans to develop their business and contribute to the family income. In many cases, her husband’s income is not enough to support all of the family’s needs, or she is the sole breadwinner for her family.
Because of the loans, the woman are able to set up a small business, which can help them earn enough money to pay school fees or for school uniforms, for example.
As a micro-finance intern, you will also play an invaluable role in supporting them with skills training and knowledge transfer. At the same time, you will learn a lot about micro-finance in developing countries.
Join us as a Micro-finance intern in Tanzania and help more entrepreneurs break the cycle of poverty.
It was an incredibly hands on project which not only allowed me to help women in need, but it also helped me learn and grow as an individual in my abilities.
Micro-finance Internship in Tanzania
I am a business major so the opportunity to work with the Micro-finance project really stuck out to me.
Micro-finance Internship in Tanzania
Volunteering for Professionals
This project is also perfect for qualified professionals. With your skills backing up our ongoing efforts, we can make an even bigger difference together. We'll match you to the placement where your skills are needed most.
This means you can share your training and and knowledge with others. You can work hand-in-hand with our partner organisations and local communities to support sustainable development.
If you have relevant skills or qualifications, read more about how you can make use of them with Projects Abroad.
Measuring Our Impact
Our projects work towards clear long-term goals, with specific annual objectives. Every volunteer and intern we send to these projects helps us work towards these goals, no matter how long they spend on our projects.
Every year we take a step back and look at how much progress we've made towards these goals. We put together a Global Impact Report, which documents our achievements. Find out more about the impact our global community of volunteers, interns and staff make, and read the latest report.
Meet the team in Tanzania
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