Faculty of Social Sciences

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Browsing Faculty of Social Sciences by Author "Ame, Mtumwa Haji"

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    Economic institutions that influence women investment return in Zanzibar
    (Mzumbe University, 2013) Ame, Mtumwa Haji
    Women nowadays are engaged in Micro, Small, and Medium Enterprises as a source of income generation and employment. However, the return does not grow significantly; due to a number of factors including existence of economic institutions that affect their performance. This study centered on examining the economic institutions that influence women investment returns in Urban District of Zanzibar. Interviews, focus group discussion, questionnaires, survey, and documentary reviews were methods employed to collect information of the study. Primary data of 105 women investors was used. Statistical Package for Social Sciences was used to analyze both quantitative and qualitative data and Multiple Linear Regression of Model of Ordinary Least Square was used to find out the relationship between the variable. The findings show that there is a statistical significance relationship between economic institutions i.e Institution 1 (1)= interest rate, Institutions 2 (I2) = accessibility of the market and institution 3 = entrepreneurs behavior. Other institutions are Institution 4 (I4) = access to credit and institution 5 (I5)= level of education. The study recommends the need for promotion of provide gender equality in Zanzibar. This can be done by promoting this in schools, colleges, and universities. Furthermore, the study recommends the need to educate husbands, fathers, and brothers on the importance of allowing their wives, sisters, and daughters to market. At the same time to establish a policy that guides women in the reduction of family responsibility because of their importance in the economy. However, microfinance institutions must be responsible to provide education on business skills meanwhile women must be encouraged to attend these seminars. Micro financial institutions like WEDTEF, SACCOSS and PRIDE need to reduce constrain on women investors who request for loans given that they understand to need for repaying the loan. With such strategies, women will continue applying for more loans and repay those loans to leverage their capital to run their business efficiently.