Financial Inclusion and Youth Agriculture Involvement in Tanzania: A Case of Misenyi District, Kagera Region.

Abstract

The paper investigated the effects of financial inclusion on youth agriculture involvement in Tanzania. Specifically the study was conducted in Kagera region, Misenyi district with the specific objectives of examining the effects of branch penetration, credit penetration, deposit penetration, interest rate and finding out the effects of education on financial service usage and youth agriculture involvement. The study was supported by the institution theory. Data were collected using questionnaires and they were analysed using linear regression with the helpof SPSS software. Descriptive statistics, pairwise correlation and regression analysis was used to present the findings and the results indicated that a huge level of financial inclusion is needed to achieve a sizable effect on agricultural involvement. This is due to the minimal effect magnitudes on the dependent variable resulting from financial inclusion variables. Financial inclusion and agricultural involvement policies need to consider women and middle-aged individuals, deposit penetration need to be explored and credit penetration need to be extended to maximize its effects on agricultural involvement.