Browsing by Author "Muyongo, Mwanamvua Bakari"

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    The contribution of microfinance institutions in poverty alleviation in Tanzania: A case of association of social advancement in Kinondoni municipality
    (Mzumbe University, 2017) Muyongo, Mwanamvua Bakari
    This dissertation aimed at assessing the contribution of Microfinance Institution(MFIs) to poverty alleviation, with the specific focus on the Association of Social advancement (ASA) in Kinondoni Municipality, Dar es Salaam, Tanzania. Several studies by different scholars exist on the contribution of MFIs to poverty alleviation, however, rudimentary information exists on the contribution of MFIs to poverty alleviation through women income generating activities thus a gap this dissertation intended to fill. Specifically, this work (1) analysed the criteria used by ASA in establishing the credits and loans facilities women to poverty alleviation, (2) established whether loans and credits provided by ASA have impacts to poverty alleviation and (3) examined challenges facing women on the loans and credits acquisition from the institution. Qualitative and quantitative approaches were deployed where questionnaires, interview and documentary reviews were assisted the process of data collection. The results were analysed from 50 respondents who participated in the questionnaires and 15 respondents were interviewed regarding the impacts and challenges of the provision of service to the household’s. Generally, study findings revealed that, MFIs have beenthe viable and workable strategy to poverty alleviation. It has brought about positive impacts to the poor households since most of the peoples’ lives and living standards were improved. The findings revealed that microfinance institutions have been confirmed a bit worthy. Nevertheless microfinance institutionremainsas a limited indusrty in the world despite its demostrated efforts and impacts to poverty alleviation, economic growth and making profits. This dissertation concluded that; the MFIs contributed to poverty alleviation in the study area. Besides, the given evidence shows anexistence of thesubstantial barrier to entry into beneficaries due to the kept basis criteria on the loans and credits acquisition. A need to restructure some of it’s policies regarding the criteria being used to acquire the services. By doing this the MFIs would enable the diversification of incomeof the poor which has association to growth and improvement of well