Microlending
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Posted: Friday July 20, 2007 4:47 AM BT Anna Lupanga at her thriving businessHandbags imported from London line up alongside shoes bought in China and dresses from Dubai at PHP Collection, a small shop in the back streets of Tanzania's capital, Dar es Salaam. This is a retail company run by Anna Lupanga, a hair salon owner turned international clothes and accessories importer. Trade is good, with a consistent turnover and monthly profits reaching up to Tanzanian shillings (Tsh) 400,000, which is a significant improvement on the Tsh 20,000 profit Anna used to make at the hair salon. But building the business was not easy.
FSDT Tanzania - News: Being a saver pays off in Tanzania
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Tanzania and Zanzibar - Microfinance
Microfinance In 2005, the Aga Khan Agency for Microfinance (AKAM) commenced microcredit operations in mainland Tanzania in the Mtwara and Lindi regions, which are classified as among the most marginalised areas of the country. Mtwara borders the even poorer Mozambique province of Cabo Delgado, where AKAM also operates microcredit activities.
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Presidential medals and credit bureaus - PSD Blog - The World Bank Group
This post is part of our Closing the Gap: Financial Inclusion blog series, which shares the views of selected experts and practitioners on different financial inclusion topics. Depending on where you start, in 500 BC for Coinage or in 1000 AD for paper money, cash has been the undisputed leader in how people pay and get paid. Sure, there have been innovations with credit cards in the mid-20th century, and an ever growing portion of money supply is composed of electronic value, but for most of the world cash is still king. There are good reasons for this. Cash is simple, portable, anonymous, easily exchangeable at an agreed value by both buyer and seller and accepted nearly everywhere.
microfinance
microfinance