ABSTRACT This study examined role of microfinance institutions in development of small and microentrepreneurs in Chake Chake, Pemba district in Tanzania. In this manner, the study investigated aspects of debt recovery, loan levels and clients’ business project monitoring procedures as specific objectives of the study. In the literature review, theories were used to support the study and concepts linked and analyzed to bring a conceptual framework. As such, different scholars’ views regarding debt recovery strategies, project monitoring and loan provision are internalized. A case study design was used and 70 respondents were sampled through stratified sampling methods. Interview, questionnaire and observation were the instruments used and both primary and secondary sources of data were all of great importance. The findings reveal that bad debt recovery methods have detrimental economic, social and psychological impacts on clients and the reverse was true. Concerning the issue of project monitoring, it was found out that projects closely monitored yield better profits, expand and grow unlike their counterparts. Clients who accesses big mount of money operate fair business that gives them high profit margins and the reverse was true. The researcher recommended that NMB should empower SME5 economically and reduce the moral hazards associated with clients; monitoring system should be put in place for xii proper use of money and skilled personnel should be employed to monitor clients’ projects.
Khamis, M (2022). Microfinance Institutions in Development of Small and Micro Entrepreneurs in Tanzania: A Case Study of National Microfinance Bank Limited, Chake Chake Pemba.. Afribary. Retrieved from https://afribary.com/works/microfinance-institutions-in-development-of-small-and-micro-entrepreneurs-in-tanzania-a-case-study-of-national-microfinance-bank-limited-chake-chake-pemba
Khamis, Mwantatu "Microfinance Institutions in Development of Small and Micro Entrepreneurs in Tanzania: A Case Study of National Microfinance Bank Limited, Chake Chake Pemba." Afribary. Afribary, 11 Oct. 2022, https://afribary.com/works/microfinance-institutions-in-development-of-small-and-micro-entrepreneurs-in-tanzania-a-case-study-of-national-microfinance-bank-limited-chake-chake-pemba. Accessed 03 May. 2024.
Khamis, Mwantatu . "Microfinance Institutions in Development of Small and Micro Entrepreneurs in Tanzania: A Case Study of National Microfinance Bank Limited, Chake Chake Pemba.". Afribary, Afribary, 11 Oct. 2022. Web. 03 May. 2024. < https://afribary.com/works/microfinance-institutions-in-development-of-small-and-micro-entrepreneurs-in-tanzania-a-case-study-of-national-microfinance-bank-limited-chake-chake-pemba >.
Khamis, Mwantatu . "Microfinance Institutions in Development of Small and Micro Entrepreneurs in Tanzania: A Case Study of National Microfinance Bank Limited, Chake Chake Pemba." Afribary (2022). Accessed May 03, 2024. https://afribary.com/works/microfinance-institutions-in-development-of-small-and-micro-entrepreneurs-in-tanzania-a-case-study-of-national-microfinance-bank-limited-chake-chake-pemba