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The role of informal microfinance institutions in saving

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Year Number<br />

<strong>of</strong><br />

Members<br />

Value<br />

<strong>of</strong> Shares<br />

(Tshs)<br />

Sav<strong>in</strong>g Mobilized<br />

(Tshs)<br />

Loan Issued<br />

(Tshs)<br />

Loan<br />

Outstand<strong>in</strong>g<br />

(Tshs)<br />

1998 769 3,416,287,150 15,110,306,195 2,189,676,458 7,525,734,886<br />

1999 825 5,569,331,623 16,335,545,178 1 3,210,988,463 10,435,176,565<br />

2000 803 5,618,112,584 18,225,778,112 11,524,329,388 13,330,113,198<br />

2001 927 6,610,362,757 20,925,360,250 12,362,207,570 15,903,883,173<br />

2002 987 6,853,113,256 21,533,441,775 12,789,115,620 16,111,987,412<br />

2003 1,700 7,213,114,315 23,427,116,352 20,115,963,119 18,679,568,132<br />

2004 1,760 11,567,507,110 26,345,947,252 30,112,570,630 20,635,446,127<br />

2005 1,875 13,169,502,709 28,529,439,054 54,140,056,528 27,231,087,502<br />

Source: M<strong>in</strong>istry <strong>of</strong> Agriculture and Cooperatives.<br />

Table 5: <strong>The</strong> Trend <strong>of</strong> Households Consumption and Disposable Income <strong>in</strong> Tanzania 1961 – 2002<br />

Year<br />

Percentage <strong>of</strong><br />

Consumption<br />

<strong>of</strong> lowest 20<br />

Percent<br />

households<br />

Percentage<br />

<strong>of</strong> <strong>in</strong>come<br />

Received<br />

by lowest<br />

20 Percent<br />

households<br />

Total<br />

Normal<br />

Household<br />

Consumption<br />

expenditure.<br />

(Mill TZS)<br />

Inflation<br />

Normal<br />

Households<br />

Disposable<br />

Income<br />

(Mill. TZS)<br />

Real<br />

Consumption<br />

Expenditure<br />

<strong>of</strong> lowest 20<br />

Percent<br />

households<br />

(Mill. TZS)<br />

Real Private<br />

Disposable<br />

Income <strong>of</strong><br />

lowest 20<br />

Percent<br />

households<br />

(Mill. TZS)<br />

1961 1.8 1.1 3617 1.0 3,439.2 65.1 38.2<br />

1962 1.8 1.1 3987 1.1 4,503.2 65.2 45.5<br />

1963 2.5 1.3 4126 1.5 5,367.6 68.3 45.1<br />

1964 2.5 1.7 4785 1.9 5,422.6 63.5 48.9<br />

31

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