Techniques Used by Women Members of Village Community Banks towards Attaining Their Economic Wellbeing in Dodoma City, Tanzania

Timothy Erasto Chimeledya
St John’s University of Tanzania, Dodoma, Tanzania
Email: tchimmy1032@yahoo.co.uk

Abstract: The study was conducted in three Wards that included Makulu, Nghong’ona and Kikuyu North, in Dodoma City, Tanzania. The study aimed at identifying the techniques used by women members of Village Community Banks in the whole process of attaining their economic wellbeing in Dodoma city. This study employed descriptive research design to collect data from 89 respondents who were selected randomly from different groups of women of Village Community Banks in the above study Wards. Primary data for this study was gathered through interviews and focus group discussion and observations. Secondary data was obtained through documentary reviews. The findings of this study revealed that women in Village Community Banks used different techniques in improving their economic wellbeing. Such techniques are like dealing with entrepreneurship activities, Seriousness for group members in VICOBA activities, working hard for women members and borrowing loans from the Government, abiding by the rules, regulations and by-laws, which are formulated by the group members as well as the Government and attending entrepreneurship workshops or training.