Socio-economic factors affecting women accessibility to micro-credit: case study of caritas
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Date
2008
Authors
Journal Title
Journal ISSN
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Publisher
Sokoine University of Agriculture.
Abstract
The study looked at the socio-economic factors affecting accessibility of micro-credit
provided by Caritas-Dar es Salaam on the lives of women who compromise the poorest in
Tanzania societies. There are different views about micro-credit. Others consider it as a
powerfully development tool in the lives of poor people. Others consider it too risky to be
taken by people with poor resources. The puq^ose of the study was to identify socio
economic factors affecting accessibility of micro-credit provided by Caritas to poor
women. The study was conducted at Kibaha (Mail-Moja ward), Mlandizi, Makuburi,
Mwananyamala ward, Kigamboni Centre and Kisarawe Centre. Data for the study were
collected by interview, observation and review of secondary data at the mentioned
locations Caritas-Dar es Salaam office respectively. The finding showed that income, sense
of community towards micro-credit/microfinance institutions especially Caritas-DSM, lack
of physical assets as collateral, business status, repayment period, harassment for defaulters
by Caritas credit officers, religious affiliation, education level, employment status, marital
status and lack of skills in micro-credit/microfinance management arc the main socio
economic factors affecting accessibility of Caritas credit by women. The study observed
that, despite the financial sector in Tanzania undergoing development phases, women
appear to be more constrained in terms of credits accessibility attributed by social and
economic reasons. To address these problems the study suggests the following; proper
training in small business management skills should be provided before credit provision;
close follow up to recipients to ensure that the credit received is used for strengthening or
expanding viable business and not otherwise; proper mechanism to track down defaulters
established in such a way that they are willing to pay their dues.
Description
Dissertation
Keywords
Socio-economic, Women accessibility, micro-credit, Caritas, Tanzania societies