|Full country name||United Republic of Tanzania||Republic of Ireland|
|Population||46.9 million||4.6 million|
|Area||947,300 sq km||70,273 sq km|
|Capital City||Dodoma (Dar es Salaam is the commercial capital)||Dublin|
|Language||Kiswahili (Swahili), English||English, Irish|
|Life Expectancy||53.14 years||80.32 years|
|Population below the poverty line||36%||5.5%|
Tanzania is probably best known for hosting some of Africa’s most famous landmarks including Mt. Kilimanjaro, the highest point in Africa, and the Serengeti National Park.
The mainland of Tanzania achieved independence from Britain in 1961 and united with Zanzibar in 1964 to form the United Republic of Tanzania. It is a politically stable country and, despite its popularity amongst tourists, also one of the world’s poorest. Most people rely on agriculture as an income but tourism is also an important revenue earner for the country.
92% of communities in rural Tanzania have no access to formal financial services. But it is this access to loans, savings facilities and insurance that can be key to breaking the cycle of poverty.
It can help families move towards taking greater control over their financial future. Low-interest loans allow farmers to invest in seeds, tools and fertiliser. Savings allow families to be prepared in the event of ill health or disaster, while insurance allows communities to guard against a failed harvest. But low average loan sizes and the locations of the communities make them unattractive to financial institutions.
In Tanzania, with your help, World Vision is working with communities in our ADPs to improve the availability of locally appropriate financial services. We are supporting the formation of small community credit unions, allowing the poorest households access to savings and credit so they can cope with emergencies and develop income-generating activities like beekeeping or tailoring. We link farmers to specially tailored loans enabling them to increase production and also provide them with training in financial and business skills. These services allow families to better provide for their children and invest in their future by improving nutrition and meeting the cost of education and healthcare.
View World Vision Ireland Tanzanian ADPs in a larger map