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Linking Informal Savings Groups to a Formal Financial Institution The Experience of Mwanga Community Bank in Tanzania

Tanzania’s Mwanga Community Bank (MCB), a regional bank serving the Kilimanjaro region, received funding from UNCDF’s MicroLead programme to link informal savings groups (SGs) to the regional bank. Even though MicroLead funding and technical assistance ended in 2017, the bank continues to expand its work with informal groups.

This case study from UNCDF MicroLead describes MCB’s group linkage process using agents and a mobile network.

• Resource type Paper
• OrganisationUNCDF
• Year of Publication2018
• RegionAfrica
• CountryTanzania
• LanguageEnglish
• Number of pages62 pp.
• Keywords Savings Groups