• FSDT Rural Finance-What You Need to Know

    Rural finance is the best thing that ever happened to people in Tanzania. The government in collaboration with international stakeholders among others is working towards enhancing lives of people in the reserve areas. Most people living in rural areas do not have professional skills hence unemployed. Most of these people rely on manual work and traditional economic activities to make a living a living. While most of the country’s population is in the cities, rural areas significantly contribute to economy of Tanzania. Cities rely on agricultural produce from rural farms to run the fancy restaurants. Without proper structures in the agricultural industry and support from the government, the economy will cripple. For stability in any economy, food supply has to be constant. Also, most people earn from agriculture either directly or indirectly. It’s not only farmers who benefit from it, manure manufacturers and retailers as well as owners of farm equipment rely on agricultural activity...