9.3.2 The Small Industries Development Organization: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
9.3.2 The Small Industries Development Organization: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
financial and non-financial services to MSEs. They have 70,000 credit-delivery clients
and reach 300,000 MSEs through their small business training and consultancy services.
The key informant from SIDO stated that there is a big gap in the capacity of the
organization to meet the demand for credit – of the 71,000 credit applications they had in
the system in November 2003 (for loan amounts totalling TShs 27 billion), they will only
be able to fund about 10 per cent.
SIDO offers three levels of credit:
Level 1: Using the group-lending approach, members can borrow up to Tshs 1
million (US$1,000). Interest rates range up to 30 per cent per annum.
Normal repayment terms are 12 months, but food producers may qualify
for a two-year repayment term.
Level 2: For loan amounts of between Tshs 1 million to Tshs 6.5 million, SIDO
moves to individual loans.
Level 3: For loan amounts greater than Tshs 6.5 million, SIDO links the clients to
a financial institution.
The organization appears to have an excellent process of providing business
development support prior to and after the provision of credit.
In addition to its own loan fund, SIDO administers a micro-credit programme (to
groups and individuals) under the Entrepreneurship Development Fund (EDF). Started in
1994 with funding of Tshs 8 million, the fund has grown to about Tshs 1.5 billion.
However, key informants from the MIT indicated that the recovery rate on loans has
been low and the fund is now diminishing. Women receive lower amounts than men, and
the SME Section is lobbying SIDO to ensure that women make up at least 50 per cent of
the loan client base. The EDF has two sub-funds: the Women’s Development Fund
(WDF) and the Youth Development Fund (YDF), both funded through UNIDO, but
administered and monitored by MCDGC and MoLYSD respectively. Furthermore,
UNIDO has been supporting the implementation of the WED project, being implemented
by SIDO, since 1993. Women make up a reported 56 per cent of SIDO clients.
932 The Small Industries Development Organization Support for Growthoriented Women Entrepreneurs in Tanzania 2005 - To learn more about this author, visit International Labour Organization's Website.
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SIDO, with an office in 20 of the 21 regions of the mainland, is a large provider of
financial and non-financial services to MSEs. They have 70,000 credit-delivery clients
and reach 300,000 MSEs through their small business training and consultancy services.
The key informant from SIDO stated that there is a big gap in the capacity of the
organization to meet the demand for credit – of the 71,000 credit applications they had in
the system in November 2003 (for loan amounts totalling TShs 27 billion), they will only
be able to fund about 10 per cent.
SIDO offers three levels of credit:
Level 1: Using the group-lending approach, members can borrow up to Tshs 1
million (US$1,000). Interest rates range up to 30 per cent per annum.
Normal repayment terms are 12 months, but food producers may qualify
for a two-year repayment term.
Level 2: For loan amounts of between Tshs 1 million to Tshs 6.5 million, SIDO
moves to individual loans.
Level 3: For loan amounts greater than Tshs 6.5 million, SIDO links the clients to
a financial institution.
The organization appears to have an excellent process of providing business
development support prior to and after the provision of credit.
In addition to its own loan fund, SIDO administers a micro-credit programme (to
groups and individuals) under the Entrepreneurship Development Fund (EDF). Started in
1994 with funding of Tshs 8 million, the fund has grown to about Tshs 1.5 billion.
However, key informants from the MIT indicated that the recovery rate on loans has
been low and the fund is now diminishing. Women receive lower amounts than men, and
the SME Section is lobbying SIDO to ensure that women make up at least 50 per cent of
the loan client base. The EDF has two sub-funds: the Women’s Development Fund
(WDF) and the Youth Development Fund (YDF), both funded through UNIDO, but
administered and monitored by MCDGC and MoLYSD respectively. Furthermore,
UNIDO has been supporting the implementation of the WED project, being implemented
by SIDO, since 1993. Women make up a reported 56 per cent of SIDO clients.
932 The Small Industries Development Organization Support for Growthoriented Women Entrepreneurs in Tanzania 2005 - To learn more about this author, visit International Labour Organization's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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