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PASS Leasing Company Limited Opportunities, November 2023

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PASS Trust

PASS Leasing Company Limited

PASS Leasing Company Limited Opportunities, November 2023

PASS Leasing Company Limited is registered under Companies Laws of Tanzania, wholly owned by Private Agricultural Sector Support (PASS) Trust and is regulated by the Bank of Tanzania as a financial leasing company. The main objective of PASS Leasing is to finance Small and Medium Agribusiness Entrepreneurs through financial leasing of machinery and equipment in all agriculture related value chains including crops, livestock, fishery, forestry and bee-keeping.Its Head Office is in Dar es Salaam with zonal offices in six regions.These zonal offices are for administrative purpose only. Under lease financing products agribusiness entrepreneurs are empowered to acquire equipment and machineries under installment payment, which they would not have been able to acquire, otherwise. The vendor of the equipment obtains his sales proceeds and the entrepreneur obtains the equipment without paying full price. But the entrepreneur continues paying for the equipment in a number of agreed periodic installments.This product is introduced to help entrepreneurs acquire equipment and machineries for their entreprises while they do not have sufficient capital to invest in such equipment and machineries.

PASS Leasing Company Limited Opportunities, November 2023

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