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Bank of Tanzania Directorate of Micro finance 16th Floor

International Year of Microcredit

"The International Year of Microcredit 2005 underscores the
importance of microfinance as an integral part of our collective effort
to meet the Millennium Development Goals. Sustainable access to
microfinance helps alleviate poverty by generating income, creating
jobs, allowing children to go to school, enabling families to obtain
health care, and empowering people to make the choices that best
serve their needs. The great challenge before us is to address the
constraints that exclude people from full participation in the financial
sector. Together, we can and must build inclusive financial sectors
that help people improve their lives."
--Secretary General Kofi Annan, 29 December 2003



What is New ...

Mwahija Magoti Kariakoo, Dar es Salaam "Since I was 11 years old, I was dreaming to be an entrepreneur. With the loans provided by Forum for Women Development Initiatives (FOWODI), I have been able to realize my business dreams. Now I'm selling so many "khangas" and "vitenge" retail and wholesale.


Copyright (c) 2005 --- Bank of Tanzania