Improving Access to Financial Resources through Vicoba for Kirtalo Village, Ngorongoro District.

Yaile, Hilary Timothy Ole (2023) Improving Access to Financial Resources through Vicoba for Kirtalo Village, Ngorongoro District. Masters thesis, The Open University of Tanzania.

PDF - Submitted Version Available under License Creative Commons Attribution. Download (2MB)

Abstract

This dissertation is an outcome of the study conducted in Kirtalo village where the project was implemented. It covers participatory needs assessment, problem identification, literature review, project implementation, project monitoring, evaluation, and sustainability as well as conclusion and recommendations. The methods used to collect data are interviews, observations, meetings, and focus group discussions. The tools used for data analysis includes computer software such as SPSS and Microsoft Excell. The community identified their major needs as inadequate financial resources for capital formation which led to high level of poverty for the community. Community needs prioritization was conducted through pair wise ranking method and found Vicoba establishment as the most appropriate project that could help women own properties. The current Microfinance Act 2019 categorizes financial institutions into four tiers in which Vicoba groups are under tier 4, that are currently known as Community Microfinance Groups (CMGs). Kimelok group sustainability is assured since much effort has been invested by the project committee to build their capacity through various entrepreneurial trainings. In implementing the project, monitoring and evaluation sessions were conducted to ensure project activities are implemented as per the original plan as well as assessing the extent to which results were attained towards the project goal. The evaluation found the project goal is fully attained since all members of Kimelok group have accessed loans by 100%+. At the end of the study, Kimelok group was able to get 10 million and hence sustainable. Key words: Are Community, Kimelok, group, sustainability, and Vicoba.

Actions (login required)

View Item