• Tanzania
  • Resources
  • Capacity Building
  • Financial Literacy
  • Financial Literacy

Quick information guide

According to UNESCO, Tanzania has:

  • 77.89% of adult literacy
  • 83.2% of male literacy; and
  •  73.09% female literacy

Tanzania is making progress in the area of adult literacy and laid the groundwork for opportunities in financial literacy:

For businesswomen who want to build their capacity in financial literacy, there are opportunities provided by different organisations in:

  • Money control
  • Business planning
  • capacity building on money use,
  • Loan repayment
  • Basic financial management
  • Budgeting and budget management
  • Guiding principles for effective financial management and reporting
  • Ethics, internal controls and compliance in financial management
  • Methods and practices for effective financial reporting

Opportunities for financial inclusion in Tanzania:

  • Digital financial services
  • Development of new products and services of particular interest to women

Financial Literacy

An estimate of 42% of women only are likely to borrow from banks compared to 56% of men. This gap in access to capital is attributed to lack of skills in Tanzanian women.

There are other reasons that contribute to this financial inclusion gap including: social norms, low literacy, and numeracy levels. Consequently, women hardly earn enough profit when they do business.

 Financial Literacy is needed for women to do business efficiently it would equip them with a range of skills much needed. 

angle-left MS Training Centre for Development Cooperation (MS TCDC)

MS Training Centre for Development Cooperation (MS TCDC)

About MS TCDC MS TCDC is an international NGO which provides a range of short courses such as financial literacy to various groups of people. The organisation provides tailor made courses according to individual requests

Areas covered

 

 

  • Basic financial management and reporting overview
  • Budgeting and budget management overview
  • Guiding principles for effective financial management and reporting
  • Ethics, internal controls and compliance in financial management
  • Tools, methods and practices for effective financial reporting

Enrollment procedure and eligibility

 Participants eligibility

Private companies, heads of Institutions and other non-finance staff and managers in Civil Society Organisations and government 

Course Duration: 1 week

Additional services beneficial to women entrepreneurs

 

Mentoring and Coaching

 

Events organized by MS TCDC

 

MS TCDC organizes seminars and workshops specifically for women.

Contacts

 

MS Training Centre for Development Cooperation
P.O. Box 254 - Arusha - Tanzania
Tel.: +255 754 651715
+255 27 254 1044/6/8 and 254 1052

Fax: +255 27 2541042  

E-Mail: mstcdc@mstcdc.or.tz
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BRAC-ZANZIBAR

builds capacity in money control, business planning, money use and repayment