Over the years, NMB has supported community development projects, focusing on areas like education (school desks and chairs) and health (hospital beds and sheets). We have also assisted in kind on the occasion of natural disasters such as floods.

In total, NMB spends some TZS 1 billion or 1% of its profits after tax on community projects. Although NMB receives many requests to support numerous community projects, the bank has historically focused its support on areas like education, health, assistance in kind on the occasion of natural disasters; the CSR Committee has to decline many otherwise worthy projects that fall outside its immediate priorities which are: 

Financial Capabalility Programme

For one to be financially fit, they have to develop a mind-set that encourages managing money wisely. Tanzania faces a big challenge in financial literacy; according to research conducted by Financial Sector Deepening Trust (FSDT), only 12% of the Tanzanian population has access to financial services. The small number of bank accounts in the country has mostly been attributed to the low level of financial literacy amongst Tanzanians.

To improve financial literacy among Tanzanians, NMB is dong the following:

  • In 2016, NMB launched WAJIBU- WAJIBU, meaning responsibility, embodies three key steps: Jifunze, Jipange - WAJIBIKA! (Learn, Get Organized – Be Responsible)  and comprises of three savings accounts designed  to assist parents and youth to conveniently save and manage money either independently or together. These accounts are: NMB Mtoto Akaunti for children between 0-12 years; our distinct NMB Chipukizi Akaunti for teens between 13-17 which allows youth to practice saving and managing their own accounts with the consent and guidance of their parents and guardians and  the NMB Mwanachuo Akaunti  for tertiary students 18 years and above.
  • Educating NMB MSE-SME customers; Through the NMB Business Clubs, MSE-SME customers have been educated on matters relating to Business Plan writing, book keeping, financial planning, borrowing and other financial literacy areas as requested by Club members
  • Educating Farmers through Farmers Organisation (FOs); By December 31st, 2013, close to 448 FOs (PCSs, AMCOs, Associations and Groups) had already been trained. NMB has 5,828 individual influential farmers in organizations. Some 2,284 board members of those organizations were trained in 2013, which represented over 77,893 members. These FOs represent farmers who deal with tobacco, coffee, cashew nuts, sesame, horticulture, paddy, honey, maize, sunflower, sugarcane, onions, dairy and grapes in Central, North, Highland, East, West, and Southern Zones.

NMB Foundation has continued to assist cooperatives to improve their governance, efficiency, and performance by providing training in the areas of good governance and administration; marketing and loan administration as well as financial literacy.

School support

A research done by UNICEF shows that most schools face extreme shortages in desks. NMB has been playing a role in provision of desks in primary schools across different regions in Tanzania in support of government efforts in combating this challenge. NMB supports requests benefiting public schools that seek to address the shortage of desks for students. Desks donated are manufactured in the country.

Moreover, NMB donates used computers to these schools in different regions. An important objective is to reach a good geographical spread with these donations.

Health sector support

Essential hospital equipment continue to be inadequate in most of the public health facilities in Tanzania, with bed capacity being the main challenge. One of the areas that NMB’s Corporate Social Responsibility (CSR) keenly focuses at is providing hospital beds and bed sheets to address this challenge

Disaster recovery support

Our  country gets hit by several natural and man-made disasters, leaving thousands of people in need for both material and moral support. NMB extended a helping hand to the victims of disasters such as bombs blasts in Arusha, floods in Simanjiro Manyara and drought in Kishapu regions.

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