How We Work

Building on the remarkable progress made over the past decade in improving financial inclusion across the country, we aim to lead public-private partnerships to further drive regular and effective use of financial services, increasing value for end users in their daily lives.

We will continue to proactively gather and share evidence on the demand side of the financial sector to catalyse market innovation through appropriate and responsive policies, regulations and solutions. Such evidence has highlighted key socio-economic groups with persistently high levels of financial exclusion and low usage, namely women, youth, rural dwellers, farmers and small enterprises. These markets need to be served in order to ensure the majority of Tanzanians derive value from the regular use of financial services.

Our focus has therefore shifted from access to usage while consolidating and building on the established foundation from our past achievements. Our aim is to instill the core drivers of usage in the delivery of financial services which include “relevance, appropriateness and affordability” on the demand-side and “convenience” from a supply perspective. In so doing, FSDT seeks to galvanise evidence-based innovation in not only product development, but also in the continuation of forward-thinking legal and regulatory environments.

Our focus going forward is to encourage enhanced usage by supporting a more responsive and sustainable financial sector which can offer greater consumer choice and protection. Together with our partners, our shared vision is that, as financial service providers launch innovative solutions which are more relevant, appropriate and affordable, people and businesses derive more value from these solutions and use them regularly in their everyday lives, benefitting themselves and the economy as a whole.