Download or read book The Contribution of Microfinance Institutions to Poverty Reduction in Tanzania written by Severine S. A. Kessy and published by . This book was released on 2006 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Microfinance Institutions in Poverty Alleviation written by Omari Mhunzi and published by LAP Lambert Academic Publishing. This book was released on 2011-02 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance is being recognized by different researchers as an effective tool to fight poverty by providing financial services to those who do not have access to or are neglected by the commercial banks and financial institutions. Microfinance Institutions were established to help the poor access loans by financing Micro and Small Enterprises. Improved access and efficient provision of savings and credit facilities in particular can enable the poor to smooth their consumption, manage their risks better, gradually build their asset base, develop their Micro and Small Enterprises, enhance their income earning capacity, and enjoy an improved quality of life. The overall objective of this study was to examine the extent to which Microfinance Institutions contribute to poverty alleviation in Tanzania. The study used one region as a sample, hence contributing an in-depth specific case. Information collected from both Microfinance Institutions and their clients revealed that operations of these Microfinance Institutions in the country, to a large extent, have changed the life of poor people positively. The clients have increased their incomes, profits and capital invested.
Download or read book Impact of Microfinance Programmes on Poverty Reduction in Tanzania written by Dominicus M. L. Kasilo and published by . This book was released on 2000 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Microfinance Activities on Poverty Alleviation in Tanzania written by Erone Okiror Daniel and published by LAP Lambert Academic Publishing. This book was released on 2015-09-22 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: With Poverty levels still biting in Tanzania, the government has encouraged entrepreneurship growth and development especially in the rural settings where poverty is at its worst. However this required financial assistance which more formalized institutions like Banks, could not provide due to their stringent policies aimed at minimizing risks. Thus the remedy then was to encourage the growth of microfinance institutions whose flexibility in credit operations made them tailor made for the vast poor majority with limited collateral. But before more effort can be concentrated on microfinance activities, it is of vast importance that the contribution of microfinance institutions be determined and areas that require improvement identified so that poverty can be stamped on in Tanzania. This book therefore provides up to date findings of the reality of microfinance activities practiced in Kibaha district and the strides achieved in the battle towards poverty alleviation.
Download or read book The Role of Informal Micro Finance Institutions in Tanzania written by Stephen L. I. Mwakajumilo and published by LAP Lambert Academic Publishing. This book was released on 2014-06-17 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Role of Informal Micro finance Institutions in Savings Mobilization, Investment and Poverty Reduction. A case of SACCOs in Tanzania from 1961-2008, is an outcome of an indepth and critical research work carried out in Tanzanian informal micro finance Institutions. The rapid growth of the Informal Financial Institutions (SACCOs) and Village Community Banks (VICOBA) in the micro finance sector economy will enable to equip the appropriate knowledge and skills on how to eliminate poverty in poor people. He is a prominent scholar (Doctor) in Micro finance, Freelance Micro finance analyst especially for SACCOs and Vicoba. Mbeya Region Patron and Adviser of VICOBA. An employee of Bank of Tanzania and a part time lecturer at Teofili Kisanji University (Mbeya). Dr. Mwakajumilo was born on the twenty fourth of October 1964 in Rungwe District, Mbeya Region. And went to local primary and secondary school, after national service he pursued an Advanced Diploma in Accountancy from The Institute of Finance Management(Dar), Postgraduate Diploma in Accountancy (AIA), Professional Certificate in SACCOs Management (MUCCOBS), and PhD (Microfinance) from St.Clements Uinversity.
Download or read book Microfinance in Africa written by S. Rajagopalan and published by . This book was released on 2009 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is home to some of the poorest and vulnerable populations in the world. The ten poorest countries in the world are in Africa. Sub-Saharan Africa is the region with the highest incidence and greatest depth of poverty in the world. Fewer than one in five adults in Africa has access to the services of a formal or semi-formal financial institution. Microfinance in Africa is growing, though. A broad range of diverse institutions offer financial services to the poor and low-income clients in Africa. These include non-governmental organizations, non-banking financial institutions, cooperatives, credit unions, rural banks, Rotating Savings and Credit Associations (ROSCAs), postal financial institutions and an increasing number of commercial banks. Increasingly, technology is being used to expand microfinance outreach mobile phone banking is one such example. This book provides an overview of the microfinance sector in Africa, reviews the performance and impact of microfinance institutions in the region, and outlines some of the opportunities and challenges that African microfinance has on hand.
Download or read book Microfinance and Poverty Reduction written by Susan Johnson and published by Oxfam. This book was released on 1997 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book emphasizes the importance of studying the local context, and then considering the macroeconomic factors which may be operating upon the economy of a particular country. Five extended case studies, in the Gambia, Ecuador, Mexico, Pakistan, and the UK are examined with reference to further aspects of sustainability and impact assessment.
Download or read book Impact Assessment Methodologies for Microfinance written by David Hulme and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance programs and institutions are increasingly important in development strategies but knowledge about their impacts is partial and contested. This paper reviews the methodological options for the impact assessment (IA) of microfinance. Following a discussion of the varying objectives of IA it examines the choice of conceptual frameworks and presents three paradigms of impact assessment: the scientific method, the humanities tradition and participatory learning and action (PLA). Key issues and lessons in the practice of microfinance IAs are then explored and it is argued that the central issue in IA design is how to combine different methodological approaches so that a "fit" is achieved between IA objectives, program context and the constraints of IA costs, human resources and timing. The conclusion argues for a greater focus on internal impact monitoring by microfinance institutions.
Download or read book Microfinance written by Kennedy Wainyaragania and published by LAP Lambert Academic Publishing. This book was released on 2012-04 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, almost half of the world's 7 billion people live on US$2 a day or less. Polak in his book "Out of Poverty," argues that what the poor need to get out of poverty is money. Following this, the UN declared 2005 the Year of Microcredit to achieving the Millennium Development Goal of halving poverty by 2015. Since that time, microfinance has received much attention. Access to finance for production and consumption is one of the solutions suggested by theory and empirical studies to alleviate poverty in rural Africa. Such financing has been seen to work best through households and self-help groups. Tanzania as one of the poorest countries in the World with rural populations taking the largest proportion of poverty incidence has been struggling to reduce poverty as with other developing countries. One of the interventions has been the introduction and implementation of the National Microfinance Policy. Evidence from policy documents seem to suggest that VICOBA stands out among MFIs in poverty reduction. This study used empirical analysis to investigate the actual role of VICOBA project in Tanzania and the extent to which their operations contribute to poverty alleviation.
Download or read book Microfinance and Poverty Reduction in Nigeria written by Uyi Benjamin Edegbe and published by GRIN Verlag. This book was released on 2013-06-07 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2013 in the subject Sociology - Miscellaneous, University of Freiburg (Global Studies Program, Institute fur Soziologie.), language: English, abstract: [...] The poverty question is a global phenomenon. It is perhaps one of the greatest challenges facing Mankind today, especially in most parts of the developing world. This Perhaps explains why the eradication of poverty was listed as the first of the eight issues of the millennium development goals. The problem of poverty is more disturbing giving the fact that there is abundant and enormous wealth in the world to adequately meet the needs of every one. Poverty may be defined as a condition of lack and inability to meet adequately the basic needs of life such as Shelter, food, education and health care. Similarly, according to a United Nations statement: Poverty is a denial of choices and opportunities, a violation of human dignity. It means lack of basic capacity to participate effectively in society. It means not having enough to feed and clothe a family, not having a school or clinic to go to; not having the land on which to grow one’s food or a job to earn one’s living, not having access to credit. It means insecurity, powerlessness and exclusion of individuals, households and communities. It means susceptibility to violence, and it often implies living on marginal or fragile environments, without access to clean water or sanitation.(UN,2008 quoted in Ucha,2010). 2 In other words, the problems of poverty is more worrisome in Sub-Saharan Africa with 47.5% of the people living on less than $1.25 and 70% living on less than $2 per day in Sub-Sahara Africa (World Bank, 2008).The figure may have become worse considering the drought that hit parts of horn of (East) Africa in 2011 and the problem of maladministration or poor governance bedeviling the region. In Nigeria the high level of corruption, poor leadership has contributed to exacerbate the problem of poverty. Ucha, 2010 puts it thus: “Unemployment, corruption, non diversification of the economy, income inequality, laziness and a poor educational system can be considered to be some of the key factors contributing to poverty in Nigeria”(p.46). Given the fact that Nigeria is a country with rich human and natural resources, it is disturbing that majority of her citizens are still very poor. The government has over the years formulated a lot of programs and policies geared towards poverty reduction; however it remains a controversy whether those programs and policies have actually achieved their desired objectives.[...]
Download or read book Towards the Poverty Eradication Goal written by and published by Un-habitat. This book was released on 2005 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Contribution of Microcredit Advanced to Women on Poverty Reduction in Rural Area of Rwanda written by Dr. Jean Paul Mpakaniye and published by . This book was released on 2016 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The microfinance sector in Rwanda is relatively young. Although small self-help peasant organizations (such as tontines-ROSCA or ibimina) have existed for some time, the sector growth accelerated with the creation of the Banque Populaire du Rwanda (BPR) and Union des Banques Populaires du Rwanda (UBPR) in 1975 whose network dominates the microfinance industry today. The objectives of the present study were to assess the accessibility of micro credits by woman; to inquire into the destinations of obtained micro-credits; and to show their contribution to poverty reduction in rural areas. The questionnaire, documentary and interview guide were used to collect data from sample size determined. The results showed that female members of SACCO KARISIMBI JENDA constituted 35, 42 and 53% of all members in 2013, 2014 and 2015, respectively. As the number of women in microfinance institutions increased progressively, the women understood well the financial services. Consider the total microloans disbursed by SACCO KARISIMBI JENDA, the quantity of microloans received by women were 22% of all microloans in 2013, 39% in 2014 and 42% in 2015. The activities like modern agriculture, breeding, small trade, payment of hearth insurance, reconstruction of houses, savings account, etc. shown that all microloans taken by women contribute to social economic development and poverty reduction to women and Rwandan society in general. The predominance of men in taking microloans therefore persists but the women also are in a good progression. The challenges like collateral have been observed in this research. Local government, Business Development Fund (BDF), National Bank of Rwanda (NBR) and other public and private institutions are requested to improve the sensitization of women about the guarantee Fund set by government to help women on this issue.
Download or read book A Critical Synthesis of Poverty Reduction Through Microfinance in Ethiopia Regulatory and Operational Challenges written by Getachew Dinsa Amente and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Microfinance Revolution written by Marguerite Robinson and published by World Bank Publications. This book was released on 2001-06-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Around the world, a revolution is occurring in finance for low-income people. The microfinance revolution is delivering financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. In a few countries this has already happened; in others it is under way. The emerging microfinance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. 'The Microfinance Revolution', in three volumes, is aimed at a diverse readership - economists, bankers, policymakers, donors, and social scientists; microfinance practitioners and specialists in local finance and rural and urban development; and members of the general public interested in development. This first volume, 'Sustainable Finance for the Poor', focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services.
Download or read book Microfinance Risk Management and Poverty written by Jennefer Sebstad and published by . This book was released on 2001 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Urban Poverty in Tanzania written by J. M. Lusugga Kironde and published by . This book was released on 2001 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tanzania at the Turn of the Century written by B. J. Ndulu and published by World Bank Publications. This book was released on 2002-01-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies lessons from Tanzania's development experience over the past four decades, and assesses how a higher sustained growth and a better livelihood for its citizens in the future can be achieved. The background papers: review and evaluate the country's growth and poverty reduction performance; highlight the strategic and institutional imperatives needed for developing sustained growth and reducing poverty; and consider the development of the private sector and its increased role in the growth and modernisation of the Tanzanian economy.
