Use and Impact of Savings Services among the Poor in Tanzania

The report focuses on the savings practices of poor people in Tanzania. It examines the perceived advantages and disadvantages of these particular savings services including the socio-economic characteristics of the people using each of them. It also explores how savings services are used to manage household income and expenditure flows, reasons for peoples saving in-kind and the kind of financial services that might induce them to start monetised savings. This report draws lessons for microfinance institutions (MFIs) seeking to develop poor-responsive savings services.