Microfinance Initiative

Empowering entrepreneurs through interest-free loans, business training, and ongoing mentorship to create sustainable livelihoods and break the cycle of poverty.

500+Businesses Supported
TZS 2B+Loans Disbursed
85%Success Rate
200+Jobs Created

What is Qard Hasan?

Qard Hasan (بَلْ قَرْضًا حَسَنًا) means "beautiful loan" or "benevolent loan" in Islamic finance. It is an interest-free loan given to those in need, with the expectation of repayment without any additional benefit to the lender.

At Muslim Welfare Tanzania, we provide Qard Hasan to entrepreneurs to start or grow their businesses, enabling them to achieve financial independence while adhering to Islamic principles.

0% Interest

100% Sharia Compliant

Flexible Repayment

No collateral required

Loan Amount

Repayment Period

Apply Now

Qard Hasan (Interest-Free Loan)

Interest-free loans for small business owners and entrepreneurs to start or expand their businesses.

Business Startup Loan

Loans specifically designed for entrepreneurs starting new businesses, covering initial costs and equipment.

Business Expansion Loan

Loans for existing businesses looking to expand operations, purchase equipment, or increase inventory.

Women's Enterprise Loan

Specialized loans for women entrepreneurs with flexible terms and additional business support services.

Youth Entrepreneur Loan

Loans for young entrepreneurs aged 18-35 to start or grow their businesses with mentorship support.

Agricultural Loan

Loans for farmers and agricultural businesses for seeds, equipment, livestock, and farm improvements.

Business Training Programs

Required training before loan approval

Basic Business Management

Financial Literacy

Marketing & Sales

Record Keeping

Business Planning

Customer Service

How to Apply

Simple 6-step process to get your business loan

Training

Complete required business training program

Business Plan

Develop and submit business plan

Application

Submit loan application with documents

Interview

Loan committee interview

Disbursement

Loan approved and funds disbursed

Mentorship

Ongoing business mentorship and support

Loan Repayment Success Rates

Our borrowers are committed to repaying their loans

Qard Hasan

92%

Women's Loans

95%

Business Expansion

88%

Agricultural Loans

85%

Success Stories

Entrepreneurs who transformed their lives

Amina Salim

With the interest-free loan, I bought a sewing machine and started my tailoring business. Today, I employ two other women and have expanded to a second machine. (Now employs 2 women, monthly income TZS 800,000+)

Juma Hassan

I started with 50 chickens. The expansion loan helped me grow to 500 chickens. I now supply eggs to local shops and hotels. (Supplies 20+ shops, employs 3 workers)

Zainab Omar

The loan helped me buy catering equipment. I now cater for weddings and events. I've also trained 10 other women in catering. (Caters 50+ events annually, trained 10 women)

"Whoever relieves a believer's distress of the distressful aspects of this world, Allah will rescue him from a difficulty of the difficulties of the Hereafter." — Prophet Muhammad (PBUH)

Support Microfinance

Your donation helps provide interest-free loans to entrepreneurs who need a helping hand to start or grow their businesses.