By Donald Kogai
Tala Tanzania has not made a decision to permanently close operations.
However, after piloting our credit product in Tanzania, we have paused our lending operations and are undertaking a review of our operations to determine our path forward in the market.
Tala remains a mission-driven global company that has impacted over 4 million individuals with over $1 billion in disbursed loans.
We are actively working to continue to support financial access in Tanzania.
Our operations in Kenya continue uninterrupted as Kenya is a critical part of our global business.
We are continuing to evolve our product to meet the needs of our 3 million customers here and are also piloting some exciting new offerings in financial education and coaching.
TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA
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TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA
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