The influence of provision of bank credits to women owned entrepreneurial ventures performance: A case of Tanzania Women Bank Limited (Head Office) Dar es Salaam
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Date
2016
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Publisher
Mzumbe University
Abstract
This study aimed at assessing the Influence of Provision of Bank Credits to Women owned entrepreneurial ventures, a case study of the TWB. It focused on attempting four key issues including; to examine the types of bank credits offered by the TWB to women entrepreneurs, to examine the influence of bank credits provided by the TWB to women entrepreneurs, to assess the ability of the TWB in providing bank credits to women entrepreneurs and lastly to explore the financial and non-financial challenges facing women entrepreneurs in accessing bank credit/loans from the TWB. In approaching research issues, the researcher used a cross section research design. Data were collected from a sample of fifty (55) respondents, whereby questionnaires were distributed to fifty (50) respondents, while five (5) respondents were interviewed. The findings of the study reveal that the TWB offers both secured and non-secured bank credits/loan to any qualified women entrepreneur clients. The study discovered that TWB provides sufficient bank loan to the women entrepreneurs. It was also identified that the bank credits/loans were provided effectively in most regards by the bank and confirmed to empower women entrepreneurs economically and socially. Although it was found that the TWB had established various special credits/loan programme, which have attracted women entrepreneurs to apply for the loan frequently, but yet, it was discovered that the majority of women entrepreneurs clients do not easily meet the conditions for obtaining loan from the TWB because of the limited access to collateral, lack of property right, poor business proposals, poor credit history while some clients claim that the interested rate offered by the bank is still not affordable. However, from these financial and non-financial challenges, the study recommends that TWB and other commercial should restructure their credit products in order to meet the expectation of the women entrepreneur clients and they should provide credit management training to their clients and simplify the procedures for securing credit facilities. Also the government through BOT should evaluate whether the interest rates charged by the commercial banks are significant to the women entrepreneur clients.
Description
A dissertation submitted to Mzumbe University as a partial fulfillment for the requirements of the award of degree of Master's Degree of Business Administration in Corporate Management(MBA-COM) of Mzumbe University, Tanzania
Keywords
Women owned entrepreneurial, Tanzania Women’s Bank, Bank credits
Citation
APA