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• W2288312806 abstract "National policies and plans are designed by government to manage effectively the resources' allocation to ensure sustainable development and national goals are attained. One of the efforts which has been undertaking by the governments in developing economies is to ensure welfare of people is maximized while poverty minimised. In 1994, Government of Tanzania established Microfinance Credit Scheme known as National Entrepreneurship Development Fund under Small Industries Development Organisation (NEDF- SIDO) to finance and support all small entrepreneurial business activities. Despite that microfinance sector in Tanzania has existed for some years and still growing with a promising contribution to the society, access to financial services has been one of the critical challenges to small and micro entrepreneurs. This paper examines the role of Government Microfinance Credit Scheme in Tanzania by collecting data from interviews with SIDO's Officials and NEDF-SIDO reports from July 1994 to March 2014. All data employed were computed and organised by applying basic and descriptive statistics approach. The data shows some improvement of NEDF-SIDO services in each year despite poor performance particularly on loan repayment in its first seven years of operation where by the rate was below 85%. Nonetheless, NEDF-SIDO has played great role on amount and size of loans issued, women empowerment, distribution of resouces in urban and rural, promotion of production sector, provision of entrepreneurial business training and link between entrepreneurs and microfinance/financial institutions." @default.
• W2288312806 created "2016-06-24" @default.
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• W2288312806 date "2015-07-01" @default.
• W2288312806 modified "2023-09-26" @default.
• W2288312806 title "The Role of Government Microfinance Credit Scheme in Tanzania A Case of NEDF-SIDO" @default.
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• W2288312806 doi "https://doi.org/10.6084/m9.figshare.1469537.v1" @default.
• W2288312806 hasPublicationYear "2015" @default.
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