Microfinance has been around for a long time and always viewed as a panacea for eradicating poverty around the globe. It got a lot of prominence after the success of "Grameen Version" in Bangladesh. Set up in the background of African country Tanzania, this case deal with the a range of issues involved in setting up a microfinance corporations. Sustainable Youth Development Partnership (SYDP), the protagonist, was set up to assist youth educate youth in Tanzania on HIV/AIDS prevention.
Succeeding three years of operation SYPD understood that raising awareness of HIV/AIDS would not bring about changes in behaviour unless supported by economical empowerment and life-skills training. SYPD regarded microfinance to empower Tanzania's youth as an immediate alternative. The organization had been fast to line up potential donors, nevertheless, they could not move forward with no job plan and implementation strategy.
PUBLICATION DATE: June 11, 2009 PRODUCT #: HKU832-PDF-ENG
Microfinancing in Tanzania Case Study Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING