Reaching Rural, Financially-excluded Women in Tanzania


Five Talents


  • Tanzania is ranked 152 out of 187 countries in the UN Human Development Index.
  • Life expectancy is 58.9 years.
  • GNI per capita is $1,383 (PPP). 68% of the population live on less than $1 per day and 38% are under-nourished.
  • 1 in 20 people aged 15 to 49 are HIV positive.

Financial exclusion is high; only 17% of the population have a bank account, and only 14% of women. There is great disparity between rural and urban dwellers; 40% of urban dwellers have a bank account but only 14% of rural dwellers do. 6% of the rural population took a loan in the past year compared with 9% of the urban population; 37% of the urban population used a mobile phone to send money and 46% to receive it, compared with 17% of the rural population (sending money) and 16% (receiving money). 35% of women saved any money in the past year compared with 45% of men; 37% of rural dwellers saved compared with 54% urban.

That is why this project targets women in rural areas.

Your impact:

Your donation will roll out financial services – microloans, savings and business training – to 1,272 women over 12 months. This will create or sustain 1,017 jobs and, assuming 4 dependents per client, will reach 6,360 direct and indirect beneficiaries. The women served by your donation will all be rural dwellers who live too far from a bank to benefit from formal financial services. Five Talents aims to introduce mobile money technology to these rural branches so that loans are made and repaid, and savings deposited, through clients’ mobile phones. This will make it much easier to reach the most excluded women and villages.

Statistics from UN Human Development Index, UN MDG data and World Bank.