African Organic Chemistry (Pure Science) | 01 July 2000
Microfinance and Women's Entrepreneurship in Zanzibar: Six-Month Savings Patterns and Loan Repayment Successes
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Abstract
Microfinance interventions have been implemented in Zanzibar to support women's entrepreneurship, aiming to improve economic outcomes and gender equality. The study adopts a qualitative approach to analyse participant feedback and data collected through interviews and surveys conducted with women entrepreneurs who have received loans from microfinance institutions (MFIs) in Zanzibar over the past six months. This Perspective Piece highlights the importance of sustained support through microfinance for enhancing women's entrepreneurship and economic stability in Zanzibar, Tanzania. Further research should focus on evaluating long-term impacts and exploring potential barriers to full repayment success among low-income borrowers.