The role of informal microfinance institutions in saving

• To liaise closely with donors and all relevant stakeholders, specifically the Bank of
Tanzania will advise the ministry of finance on the technical aspects of such government
programs in Microfinance.
• To keep the public informed of key developments and pertinent issues in the sector and
to provide an important link to what is happening elsewhere in the field at regional
international levels.
• Coordinate Government intervention and interface with other stakeholders in the
field.
• Guide the development of the sector.
2.2.10: The role played by increasing of by women participation in
Tanzania.
Participation of by women in SACCOs with regard to their membership, percentage of loans
obtained and their participation in decision – making bodies, in not as high as their
representation in the general population, although for the past few years there has been a
marked increase in their participation in the activities of savings and credit cooperative society.
SACCOs, however, have every interest in promoting the access of by women to financial
services.
Efforts are currently put in encouraging more women to join SACCOs in Tanzania. As of 30 th
May 2005, 85,456 women were members of the SACCOs family in the country accounting for
33.3% of the membership out of 254,651 total members.
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