to 26 groups of women and youth a 10 percent domestic revenue loan scheme
The Kwimba District Council in Tanzania has distributed 517 million shillings in loans to 26 local groups of women, youth, and people with disabilities. Officials emphasized the importance of using the funds for their intended projects and ensuring timely repayment to sustain the program.
Why it matters
Micro-financing initiatives are critical for local economic development and poverty reduction in developing regions.
MWANZA: KWIMBA District Council in Mwanza region has provided loans worth 517m/- to 26 groups of women, youth and people with disabilities through a 10 percent domestic revenue loan scheme, as part of the government's efforts to empower citizens to become economically independent.
Speaking today, July 14, 2026, during a loan handover ceremony held in Kwimba district, the Community Development Officer of Kwimba District Council, Ms Rozalia Magoti said that of the funds provided, nine women's groups received 224 m/-, ten youth groups received 257m/- and seven groups of people with disabilities received 36 m/-, with the total funds provided reaching 517m/-.
She said that 26 groups that met the criteria benefited from the loan, naming some of the groups as Vijana Maendeleo, Jipambanie, Upendo and Pamoja group.
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