An assessment of over-indebtedness among microfinance institutions’ borrowers: the Tanzanian perspective
| dc.contributor.author | Kasoga, Pendo Shukrani | |
| dc.contributor.author | Tegambwage, Amani Gration | |
| dc.contributor.editor | Tamer Elshandidy | |
| dc.date.accessioned | 2024-05-07T07:33:42Z | |
| dc.date.available | 2024-05-07T07:33:42Z | |
| dc.date.issued | 2021-01-01 | |
| dc.description | Full text Article, Also available at https://doi.org/10.1080/23311975.2021.1930499 | |
| dc.description.abstract | The introduction of microfinance institutions is viewed as the best alter native source of financial services for low-income earners as a means to raise their income and reduce poverty. However, empirical research has indicated that the majority of microfinance institutions’ borrowers are over-indebted. Over indebtedness has negative consequences for debtors, creditors, and for the economy as a whole. Since over-indebtedness is a context-specific phenomenon, it lacks universally accepted indicators. This study aims to validate indicators of over indebtedness and examine the situation of over-indebtedness among micro borrowers in the context of Tanzania. A survey of 535 micro-borrowers was con ducted using a semi-structured questionnaire. Descriptive, thematic, and logistic regression techniques were employed for data analysis. Findings show that debt-to income ratio, multiple borrowing, and delinquency have a positive and significant effect on over-indebtedness. Further, findings indicate that over-indebted micro borrowers in Tanzania spend 75% or more of monthly income on servicing debts; are in the state of delinquency; are unable to meet basic needs due to loan repayment expenditure, have three or more credit commitments, and are in delin quency. To reduce over-indebtedness and hence poverty among micro-borrowers, | |
| dc.identifier.citation | Kasoga, P. S., & Tegambwage, A. G. (2021). An assessment of over-indebtedness among microfinance institutions’ borrowers: The Tanzanian perspective. Cogent Business & Management, 8(1), 1930499. | |
| dc.identifier.doi | 10.1080/23311975.2021.1930499 | |
| dc.identifier.other | URL: https://www.tandfonline.com/doi/full/10.1080/23311975.2021.1930499 | |
| dc.identifier.other | DOI: https://doi.org/10.1080/23311975.2021.1930499 | |
| dc.identifier.uri | https://repository.udom.ac.tz/handle/20.500.12661/4518 | |
| dc.language.iso | en | |
| dc.publisher | Informa UK Limited | |
| dc.relation.ispartof | Cogent Business & Management | |
| dc.subject | Micro-borrowers | |
| dc.subject | Microfinance institutions | |
| dc.subject | Over-indebtedness | |
| dc.subject | Indebtedness | |
| dc.subject | Financial services | |
| dc.title | An assessment of over-indebtedness among microfinance institutions’ borrowers: the Tanzanian perspective | |
| dc.type | journal-article | |
| oaire.citation.issue | 1 | |
| oaire.citation.volume | 8 |