Browsing by Author "Ntuyabaliwe, Shimimana"

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    Contribution of microfinance intervention to human development- impact analysis of microfinance insti.tutions (MFls):the case of pride Tanzania
    (University of Dar es Salaam, 2007) Ntuyabaliwe, Shimimana
    The main objective of this study was to explore and underscore the impact of microfinance on human development. The study assesses firstly the effectiveness of microfinance as a tool for poverty alleviation; secondly, whether long term access to microfinance services impacts on some of the human development indicators; and lastly, it attempts to provide stakeholders with insights of the broader benefits of microfinance. The study used the case of PRIDE TZ, the choice of which was mainly attributable to its long service, wide outreach, and client diversity in temps of economic distribution. The study provides an overview of the various tools and methodology for microfinance impact assessment and adopted the AIMS-SEEP Impact Analysis framework to guide the research design. Structured questionnaires were adopted for data collection. Variables and hypotheses were identified and developed to test statistical relationships. The findings suggest that microfinance is an effective tool for poverty alleviation. It also suggests that long-term participation is critical to the significance of the impact. The study concludes by reaffirming the social-economic impact of microfinance and its linkage to the overall human development indices. This was also gauged against the Millennium Development Goals, which have been acknowledged in this study as indicators for human development. The study closes with a set of recommendations encouraging microfinance institutions to focus on widening outreach and improve retention by offering market responsive products, both of which shall pave way to wider impact.