Dar es Salaam. Many women who are members of thriving Village Community Banks (Vicoba) and other small financial groups fear that they would not be able to repay loans if the outbreak of coronavirus that has hit hard microfinance institutions continues. Leaders of Vicoba that mostly serve women and rural people say the situation has …

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The Financial Sector Deepening Trust (FSDT) has contributed Tanzanian Shillings 225 million towards the National Relief Fund for COVID-19. This is to support the Government of the United Republic of Tanzania’s concerted efforts in dealing with the COVID-19 pandemic. The speed at which the virus is spreading is unprecedented, requiring the communities to mitigate the …

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