Abstract

This study was conducted to assess the influence of Village Community Bank (VICOBA) microcredits on women clients economic, social-cultural, political and legal empowerment in Korogwe town, Tanzania. The study adopted the descriptive and explanatory research designs where 4 among 11 wards were selected for the survey. The study applied the systematic sampling technique to select 128 VICOBA clients for the study. The SPSS and Stata software were used to enter data. The data were analyzed using descriptive and Canonical correlation analysis. The findings indicate that the contribution of microcredits to economic and political empowerment was insignificant. However, the findings show that microcredits influenced positively and significantly both social cultural and legal empowerment. The study recommends that efforts should be executed to promote the microcredits empowerment of women in economic and political contexts.

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