The role of informal microfinance institutions in saving

Source: Ministry of Agriculture and Cooperatives.
In Tanzania the following presents the profile of savings and cooperatives as at 31st May,
2005
S/No Regions
No. ofNo.
of members
SACC
M F
Os
TABLE 3: SACCOS PROFILE AS AT 31st MAY, 2005
Total
Tshs in thousands
Shares
(Tshs)
Deposits
(Tshs)
Savings
(Tshs)
Loans
issues
(Tshs)
Loan
Outstanding
(Tshs)
1 Arusha 87 3,962 3,715 7,677 1,293,200 370,100 1280,800. 2,898,898.9 1,466,161.3
2 DSM 237 21,989 14,648 36,637 3,662,550. 318,437.6 18,842,187. 25,236,427. 16,624,206.1
3 Dodoma 99 8,367 5,525 13,892 1,639,546. 210,704 254,874.6 3,363,935. 1,537,935.
4 Iringa 116 7,828 5,306 13,134 850,604 232,270 757,134. 2,149,550 1,097,272.
5 Kagera 151 9,237 4,112 13,349 196,442.3 195.5 61,237.2 219,683.6 91,637.4
6 Kigoma 34 1,295 606 1,901 26,614 4,718 63,036.5 79,274.6 40,850.1
7 Kilimanjaro 134 52,991 10,056 63,047 657,503.0 521,404.3 320,193.8 1,196,381.9 604,250.9
8 Lindi 24 1,673 615 2,288 242,269.8 184,638.2 567,183.4 364,675.7
9 Manyara 47 3,383 1,678 5,061 32,500.77 90,993.8 293,389.7 584,179.3 450,147.
10 Mara 101 4,880 3,141 8,021 86,725.99 50,498.4 366,978.3 496,254.4 229,759.1
11 Mbeya 159 11,643 9,018 20,661 1,172,974. 551,430.8 2,165,605. 2,417,713. 372,319.15
12 Morogoro 99 9,310 3,910 13,220 858,789.9 61,500.9 1,097,510.5 2885,006.7 1,173,784.1
13 Mtwara 41 3,445 1,161 4,606 421,841.5 61,520.4 116,616.3 604,821.4 323,434.2
14 Mwanza 217 10,063 5,926 15,989 621,592.6 - 122,983.2 1,129,468.6 269,484.1
15 Pwani 47 1,870 1,251 3,121 199,980.8 32,368.1 693,757.9 5,773,326.6 817,670.3
16 Rukwa 23 1,122 352 1,474 39,231.1 2,570.4 53,580.9 209,668.8 73,451.2
17 Ruvuma 38 4,110 8,998 13,108 245,197.5 237,468.7 704,207.0 789,972.4 277,507.9
18 Shinyanga 66 3,782 1,606 5,388 310,566.1 13,474.9 249,788.4 649,098.7 293,296.6
19 Singida 40 2,293 1,158 3,451 175,617.6 13,000 147,256.1 545,473.7 279,375.3
20 Tabor a 64 2,990 574 3,564 75,681.5 82,745.6 5,343.7 277,999.9 132,277.0
21 Tanga 51 2,962 2,100 5,062 360,072.5 8,959.2 748,321.3 2,065,743.5 711,596.3
Total 1876 169,195 85,456 254,651 13,169,500.28,529,439. 28,529,43. 54,140,057.5 27,231,087.5
Source: Ministry of Cooperatives and Marketing July, 2005
Table 4: NUMBER OF SAVINGS AND CREDIT COOPERATIVES SOCIETIES (SACCOs)
IN TANZANIA
Year Number
of
Members
Value
of Shares
(Tshs)
Saving Mobilized
(Tshs)
Loan Issued
(Tshs)
Loan
Outstanding
(Tshs)
30