• Tanzania
  • Resources
  • Access to Finance
  • Access to Capital
  • Access to Capital

Access to Capital

In Tanzania, the proportion of women with access to financial services is low compared to that of men due to several social-economical factors.This, in spite of the big role women entrepreneurs contribute to the national economy.

This financing gap has attracted the attention of development actors; they are advocating for a fair distribution of productive resources between men and women.

Some statistics

  •  51.2% of women access formal financial services compared to 63% of men
  • 17.1% of women hold accounts in financial institutions against 21.1% of men 
  • 27% of adult women own Mobile Phones as opposed to 38% of men 
  • 44% of the women use Mobile Money against 54% of men .

What can help to narrow the  gap ?

  • Ever growing Digital Financial Services; and the
  • Development of Women Specific Financial Products and Services

Tanzania Agricultural Development Bank (TADB)

offers agricultural Value Chain Loans

Vision Fund Micro Finance Bank Tanzania

VFT MFB BANK LTD provides affordable loans to small and large business owners and farmers.

Tanzania Agricultural Development Bank (TADB)

is a State-owned Development Finance Institution (DFI) providing loans to agricultural entrepreneurs.

SME Impact Fund

gives loans to agribusiness entrepreneurs in Tanzania focusing on those who are already in business

National Micro-Finance Bank (NMB)

provides a range of banking services to various clients

Tanzania Postal Bank (Tpb)

provides a collateral free loan to women who save with the Bank's Tabasamu Woman Account

Cooperatives Rural and Development Bank (CRDB)

CRDB bank is a financial services provider in Tanzania. The Bank offers Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of 260 branches, 551...
angle-left UWEZESHAJI SACCOSS

UWEZESHAJI SACCOSS

 

NAME OF THE ORGANIZATION 

UWEZESHAJI SACCOSS

LOANS PROVIDED

 

 

 

 

 

Social Development loan: this loan facility helps Uwezeshaji SACCOSS members to access the instant loan to support their needs. The needs include

  •  Tuition fees
  •  Business capital
  • Purchase of furniture
  • Purchase of vehicles
  • Construction et 

Loan details:

  • Instant facility from 50,000 to 20,000,000/- (It depends on the type of savings that a member is contributing)
  • The loan is collateral free and has no interest rate.
  • The member will pay the administrative costs which including registration form. The amount of the form is proportional to the amount requested by applicants (the form ranges from 3,000/- to 9,000/- per loan)
  • The repayment period shall not exceed 36 months and the repayment will be based on the deduction amount agreed on whether monthly or weekly basis for individuals and groups respectively.

 Other services:

  • Uwezeshaji SACCOSS also provideS entrepreneurship training for group members who most of the them are women.

Contact Details

Uwezeshaji SACCOSS
P.O.Box 29, Zanzibar
Mwanakwerekwe
Tel: +255 777 423 194
Mob: +255 779 625 992

 

50MAWSP origin

The African Development Bank partners with EAC, COMESA & ECOWAS Regional economic blocks to implement the 50 Million African Women Speak Networking Platform Project.The platform is intended to empower millions of women in Africa to start, grow, and scale up businesses by providing a one-stop shop for their specific information needs. Click on the image for more information