Dispatches from around the world.

Portfolio Spotlight: FINCA Microfinance Bank Limited in Tanzania

Portfolio Spotlight: FINCA Microfinance Bank Limited in Tanzania

The portion of Tanzania’s estimated population of 55 million people living under the global poverty line of $1.90 per day has decreased from 60% to 47% in the past 10 years[1], thanks to a consistently strong, yearly GDP growth of 6-7%. Despite this growth, however, 25 million Tanzanians still live below this level, approximately 12 million of whom live under $0.60 per day. Thus, a significant portion of the population is still highly vulnerable...

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