Economic Empowerment

TUSONGE CDO is committed to empowering marginalized groups, including women, youth, people with disabilities (PWDs), and men, to access their economic rights and achieve sustainable livelihoods through entrepreneurship, financial literacy, Village Community Banks (VICOBA) and Vocational education training. We facilitate access to economic resources and connect these groups with opportunities such as government-provided 10% soft loans, helping them build financial stability and independence. According to the World Bank (2020), nearly 60% of Tanzania’s population lives in rural areas where access to financial services is limited. Through comprehensive training, support, and advocacy, TUSONGE CDO ensures that everyone has the opportunity to participate in and benefit from economic growth and development. Our community microfinance schemes, like VICOBA, have proven effective, with studies showing that such schemes can increase household incomes by up to 30% (Karlan & Valdivia, 2011).