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About Us
Y9 Microfinance is a digital microfinance institution that began its operations in Tanzania in 2022. The company, a subsidiary of Y9 Inc. USA, focuses on providing financial inclusion through innovative products. Initially, it provided smartphone financing, allowing Tanzanians, including small business owners, teachers, and transport operators, to acquire smartphones at affordable rates. This has enabled better access to business tools, online orders, and educational resources.
In addition to smartphones, Y9 has expanded its offerings to microloans for various purposes such as cash loans, airtime, and more, aiming to enhance financial security for entrepreneurs. The company uses cutting-edge technology, such as artificial intelligence, machine learning, and blockchain, to facilitate its services, and operates under the regulation of Tanzania’s Central Bank.
For more details on their services, visit their official website: Y9 Microfinance.