01 — OverviewExecutive Summary
Tanzania's Third National Financial Inclusion Framework (NFIF3, 2023–2028) set out to do something its two predecessors did not fully achieve: move the country's financial-inclusion agenda beyond simply getting people access to a bank agent or a mobile wallet, toward active usage, service quality, and — the dimension that matters most for household welfare — financial health. The Mid-Term Evaluation, covering December 2023 to December 2025, is BOT/NCFI's own scorecard on whether that shift is actually happening.
The Access dimension has essentially been won. Financial service access points grew 60.7% to 2,266,706 nationwide; 93% of adults now live within 5km of an access point, ahead of the 92% mid-term target. Usage is following close behind: active account usage rose from 60% to 72.5% of adults, and active mobile money accounts reached 75.8 million. But TICGL/TERI's reading of the underlying data finds a familiar pattern in financial-inclusion frameworks worldwide — the dimensions that are easiest to build (access points, agent networks) have advanced fastest, while the dimensions that actually determine whether inclusion changes people's lives (Quality and, especially, Welfare/financial health) have moved more slowly, and unevenly across population groups.
- Access and Usage are ahead of target — 93% of adults live within 5km of an access point (target 92%); active account usage is 72.5% (target 70%); mobile money accounts reached 75.8 million (+46.5%).
- Digital payments infrastructure scaled fast — TIPS transaction value more than doubled to TZS 37.2 trillion in the year to April 2025; bank-to-wallet and wallet-to-bank transfers both grew above 20% in a single quarter after charges were harmonised.
- Credit to priority groups is a mixed picture — MSME loan accounts grew 104.8% but the total MSME loan value fell 20.7%; women's credit accounts grew only 4.3% while the value they borrowed fell 45.1%, even as women-targeted activities were the best-implemented of all priority segments.
- Insurance and capital markets both beat their 2025 targets in relative terms (23.4% and 5.8% respectively) but remain shallow in absolute terms, concentrated in urban areas, and constrained by low public trust.
- Smallholder farmers/fishers and persons with disabilities are the clearest laggards — only 22.2% and 45.5% of their planned mid-term activities were completed, against 78.1% for women.
- Structural constraints are unchanged from the framework's stated diagnosis — donor-dependent budgeting, partial National ID coverage, rural connectivity gaps, rising cybersecurity/fraud risk, and interest-rate rigidity linked to informality all continue to cap how far access gains translate into welfare gains.
About TERI — TICGL's Research Institute
This NFIF3 analysis was prepared by the Tanzania Economic Research Institute (TERI), TICGL's dedicated research arm covering financial-sector policy, financial inclusion, and Tanzania's broader economic development. TERI's work spans two complementary strands: collecting and analysing primary data directly from the field — through surveys, key-informant interviews, and site-level data collection, as in TICGL/TERI's own city-level and sector-specific studies — and analysing official statistics published by institutions such as the Bank of Tanzania (BOT), NBS, and the Ministry of Finance, as this page does with the NFIF3 Mid-Term Evaluation. Together, this combination of original fieldwork and rigorous analysis of official data is what allows TERI to produce research that helps policymakers, investors, and development stakeholders make better-informed decisions. This report is part of TERI's ongoing series of Tanzanian economic and financial-policy analysis.
Visit TERI — teri.ticgl.com →Read this alongside TICGL's flagship Dira 2050 policy-gaps analysis
Financial inclusion is one of the clearest levers Tanzania has for closing the financing and productivity gaps standing between the country and Dira 2050's US$1 trillion, US$7,000-per-capita ambition — but only if inclusion converts into usage, quality, and measurable household welfare, not just access-point counts. TICGL/TERI recommends reading the two pieces together.
Read: What's Next for Tanzania's Economy? The Policy Gaps Keeping $1 Trillion Out of Reach by 2050 →02 — At a GlanceKey Numbers From the Mid-Term Evaluation
Financial Sector Access Points by Sub-Sector: Growth, Dec 2023 → Dec 2025
Source: Bank of Tanzania, NFIF3 Mid-Term Evaluation Report (June 2026), Table 1 and Section 1.2.
03 — Theme 1Financial Inclusion, Growth, and Poverty Reduction
The evaluation's own framing is unambiguous about the transmission channel: as more people and MSMEs use formal financial services, monetary policy transmission improves, domestic savings mobilisation reduces reliance on external financing, and the tax base broadens. At the household and MSME level, access to formal savings and credit smooths consumption, reduces dependence on costly informal lending, and — where credit is used for inventory or equipment — expands output, incomes, and employment.
What the Mid-Term data lets TICGL/TERI test is whether the access-side growth is actually reaching the two groups the report singles out as central to this channel: MSMEs and smallholder farmers.
MSME loan accounts more than doubled while total MSME loan value fell by a fifth — average loan size per MSME borrower has shrunk markedly. That is consistent with more MSMEs being drawn into the formal credit system for the first time (a genuine access win) but being offered smaller, more conservative facilities than before — which limits the growth and employment effect the theory of change is counting on. Smallholder farmer/fisher credit shows the opposite and more encouraging pattern: both accounts and value grew together, roughly in line with each other, consistent with genuine deepening rather than dilution — though off a much smaller base (TZS 467bn vs TZS 48.4 trillion economy-wide).
The report also notes a rise in personal loans used for business purposes (+59.9% in accounts, +189.7% in value) — MSMEs increasingly financing operations through personal rather than business credit lines, which the evaluation itself flags as a sign that formal MSME lending requirements remain too strict for a meaningful share of demand.
04 — Theme 2Digital Financial Services: TIPS, Agency Banking, and Interoperability
This is where NFIF3's Mid-Term period shows its clearest structural achievement: the March 2024 launch of the Tanzania Instant Payment System (TIPS) and the subsequent harmonisation of bank-to-wallet and wallet-to-bank charges. Card payments at merchant POS moved toward zero cost; bank-to-bank transfers were capped at TZS 2,000 for transfers up to TZS 20 million; wallet-to-bank and bank-to-wallet transfers were capped between TZS 10 and TZS 4,500 for amounts up to TZS 0.5 million.
Active Mobile Money Accounts, 2023 → 2025
TIPS Transaction Value, Year to April 2024 vs. Year to April 2025
| Flow | Volume, Apr–Jun 2025 | Volume, Jul–Sep 2025 | Volume Change | Value Change |
|---|---|---|---|---|
| Bank to Wallet | 24.66 million | 30.34 million | +23.0% | +32.0% |
| Wallet to Bank | 2,854.32 thousand | 3,495.31 thousand | +22.5% | +17.1% |
Source: BOT, NFIF3 Mid-Term Evaluation Report, Tables 20–22.
The single-quarter jump of over 20% in both bank-to-wallet and wallet-to-bank volumes immediately after charges were harmonised is about as clean a demonstration of price elasticity in payments as this kind of data provides — cost was a binding constraint on interoperable usage, and removing it moved volumes fast. For monetary policy and formalisation, this matters because bank-to-wallet and wallet-to-bank flows are the bridge between the regulated banking system and the mobile money ecosystem: every transaction that moves through TIPS rather than cash is a transaction the central bank can see, and one more data point that eventually feeds a borrower's credit history.
- Limited consumer awareness of TIPS and its benefits, especially outside urban areas.
- High cost of POS machines for MSME merchants, keeping card usage low and cash preference high.
- Rising cybersecurity risk and fraud incidents as digital transaction volumes scale.
- A persistent rural/urban digital divide constraining inclusive access to interoperable payments.
05 — Theme 3Credit to MSMEs, Women, Youth, Smallholder Farmers, and PWDs
NFIF3 channels targeted credit through three distinct mechanisms: direct bank/microfinance lending, credit guarantee schemes (BOT, SIDO, TADB, PASS Trust), and Local Government-administered funds for women, youth, and PWDs (the "4-4-2" funds). TICGL/TERI's reading of the Mid-Term data is that access to credit is expanding faster than the quality or depth of that credit — a pattern visible across almost every priority group.
| Group | Accounts, Dec-25 | Account % Change | Loan Value, Dec-25 (TZS bn) | Value % Change |
|---|---|---|---|---|
| Women | 2,157,863 | +4.3% | 7,355.5 | −45.1% |
| Youth | 1,974,239 | −13.0% | 4,049.6 | −12.6% |
| MSMEs | 578,692 | +104.8% | 10,409.1 | −20.7% |
| Smallholder Farmers & Fishers | 97,273 | +188.5% | 467.1 | +38.2% |
| Mortgages | 4,603 | +13.2% | 642.8 | +19.3% |
Source: BOT, NFIF3 Mid-Term Evaluation Report, Table 10. Women's and youth's credit accounts overlap with the MSME and mortgage categories and should not be summed.
Credit Access vs. Credit Value: Direction of Change by Group (Dec 2023–Dec 2025)
Women's loan accounts grew only 4.3% while the value lent to women fell 45.1% — the sharpest access-versus-depth divergence of any priority group. Read alongside women's activities being the best-implemented of NFIF3's priority segments (78.1% completion, Section 7), this suggests institutional effort is genuinely reaching women, but converting into a larger number of much smaller loans rather than growing women's access to meaningful credit facilities. TADB's own disaggregated credit-guarantee data (Table 3 below) shows the same pattern at a finer level.
Credit guarantee schemes: reaching the collateral-constrained
| Scheme | Segment | Beneficiaries, Dec-25 | Amount Change |
|---|---|---|---|
| BOT-CGS | AMCOS (smallholder farmer cooperatives) | 131 AMCOS (FY25/26) | Loans +74%, Guarantees +86% |
| TADB Smallholders' CGS | Male / Female / Youth / Farmers / Fishers | 11,722 total | Loans +53% overall |
| SIDO CGS | Agro-processing industries | 17 | Credit +70% |
| PASS Trust CGS | Male 14.2% / Female 31.1% / Youth 11.8% / Farmer companies 42.9% | 27,910 | TZS 110.15bn total loans supported |
Source: BOT, NFIF3 Mid-Term Evaluation Report, Sections 4.1.5.1–4.1.5.3, Table 13.
The Credit Reference System's "hit rate" — the share of credit enquiries that return an actual borrower history — fell from 59.1% in 2023 to 35.7% in 2025, even as the absolute number of borrowers with credit records grew (2.75 million to 8.89 million). More people are entering the credit system for the first time than the system has history on, which is expected at this stage of expansion, but it also means credit-risk pricing for the newly included is necessarily less precise — a structural reason default risk and pricing discipline deserve close monitoring as MSME and priority-group lending scales further.
06 — Theme 4Financial Health: The Welfare Dimension That Lagged
Welfare (financial health) is NFIF3's newest dimension relative to its two predecessor frameworks, and the Mid-Term Evaluation is candid that it is the dimension with the fewest interventions and the slowest progress — even though every individual welfare indicator technically beat its 2025 target.
| Indicator | 2023 Baseline | 2025 Actual | 2025 Target | 2028 Target |
|---|---|---|---|---|
| Adults able to meet obligations on time | 14.0% | 21.5% | 20% | 25% |
| MSMEs able to meet financial obligations | 3.0% | 11.8% | 10% | 15% |
| Adults with 30-day emergency-fund access | 55.0% | 67.5% | 65% | 70% |
| MSMEs with emergency-fund access | 71.0% | 76.0% | 75% | 80% |
| MSMEs with insurance coverage | 4.4% | 11.4% | 10% | 15% |
| Adults with financial/real-asset investments | 28.0% | 36.8% | 35% | 40% |
| Pension account ownership | 3.6% | 8.1% | 5% | 10% |
Source: BOT, NFIF3 Mid-Term Evaluation Report, Section 5.4.
Only 21.5% of adults can reliably meet their financial obligations on time, and only 11.8% of MSMEs can — both figures more than doubled off their baselines, and both still describe a large majority of Tanzanian adults and businesses who cannot. The evaluation's own explanation is structural: only 28 of NFIF3's 549 dimensional activities (5.1%) target the Welfare dimension directly, versus 181 for Access alone. Financial health has been treated, in practice, as a downstream consequence of access and usage rather than something requiring its own dedicated interventions — and the data suggests that assumption does not fully hold, particularly for rural households, smallholder farmers, youth, and persons with disabilities, whom the report explicitly flags as having constrained resilience despite broader access gains.
07 — Theme 5Insurance, Capital Markets, and Social Security
All three sub-sectors technically beat their 2025 usage targets — insurance at 23.4% (target 15%), capital markets at 5.8% (target 5%), and social security participation at 8.1% pension-account ownership. TICGL/TERI's view is that "beating target" and "adequate penetration" are different claims, and the gap between them is where the real policy opportunity sits.
Insurance, Capital Markets, and Pension Participation: 2023 → 2025 → 2028 Target
- Insurance: low public trust and negative perceptions of the sector; access points concentrated in urban areas; the Micro Insurance Regulation (2013) not yet aligned with digital distribution models.
- Capital markets: limited financial literacy among youth, informal-sector participants, and middle-income earners; products not yet matched to typical household income levels; limited rural outreach; rising cyber and fraud risk from new digital investment platforms.
- Social security: partial National ID coverage limiting informal-sector enrolment; low awareness and low incomes among informal workers; investment portfolios (concentrated in illiquid real estate) mismatched to informal workers' liquidity needs.
On the positive side, product design responses are visible in the data: the NSSF Hifadhi Scheme for informal workers (boda boda riders, small miners, mama/baba lishe food vendors, small farmers, street vendors), Zanzibar's Sharia-compliant pension products, and reduced unemployment-benefit waiting periods (from 24 months to 90 days) are all recent, targeted reforms aimed directly at the frictions the evaluation identifies.
08 — Theme 6Structural and Policy Challenges
Four structural constraints recur across almost every sub-sector chapter of the evaluation. TICGL/TERI treats these as the binding constraints on NFIF3's second half, more consequential than any single sub-sector's specific numbers.
Budget and donor dependency
- Inadequate and delayed budget allocations were the most commonly cited implementation constraint across implementing institutions.
- NFIF3 activities are not consistently integrated into institutions' Medium-Term Expenditure Frameworks, leaving financing ad hoc rather than predictable.
- Of 40 National Council directives, 47.5% remained "ongoing" rather than completed — mainly due to budget-cycle misalignment.
Rural connectivity and NIN coverage
- Unique and verifiable ID coverage among adults reached only 60.0% by 2025, still below the 63% mid-term target.
- Internet access among adults reached only 31.6%, well below the 40% mid-term target and 50% 2028 goal — the single widest target-miss in the Access dimension.
- Rural infrastructure gaps (electricity, internet, roads) were cited by implementing institutions as a core barrier to last-mile outreach.
Cybersecurity and fraud
- Every sub-sector chapter — banking, microfinance, insurance, capital markets, and payments — independently flagged rising cyber risk and fraud as digital adoption scales.
- No licensed Virtual Asset Service Providers exist, and cryptocurrency remains prohibited for public use, but informal peer-to-peer crypto activity continues largely outside regulatory visibility.
- Digital lending has seen "scrupulous lending" practices emerge, prompting calls for strengthened consumer-protection frameworks.
Data disaggregation, M&E, and interest-rate rigidity
- Data were disaggregated by gender, age, PWD status, and livelihood segment "based on availability" — with proxy indicators used where direct data was missing, a limitation the evaluation names explicitly.
- Lending rates showed downward rigidity linked to risk premiums from economic informality and information asymmetries between lenders and borrowers — a direct structural link between informality and the cost of credit.
- Only 49.4% of Tier 2 microfinance institutions submitted credit information to the Credit Reference Bureau; Tier 3 (SACCOs) and Tier 4 (CMGs) compliance remained low.
09 — Theme 7Gender, Age, and Disability: Where Inclusion Is Uneven
NFIF3 tracks implementation performance separately for five priority segments. The gap between the best- and worst-performing segments is, in TICGL/TERI's view, the single clearest inequality signal in the entire evaluation.
Priority-Segment Activity Implementation Rate, 2023–2025
| Segment | Total Activities (2023–2028) | Planned (2023–25) | Completed | Completion Rate |
|---|---|---|---|---|
| Women | 62 | 32 | 25 | 78.1% |
| Youth | 45 | 30 | 15 | 50.0% |
| MSMEs | 66 | 30 | 13 | 43.3% |
| Persons with Disabilities | 28 | 11 | 5 | 45.5% |
| Smallholder Farmers & Fisheries | 22 | 18 | 4 | 22.2% |
Source: BOT, NFIF3 Mid-Term Evaluation Report, Table 3.
Women-targeted activities were completed at 78.1% — more than three and a half times the completion rate for smallholder farmers and fisheries (22.2%). This is not a data-availability artefact; it shows up consistently across the credit tables too: women's account growth, government 4-4-2 lending to women, and PASS Trust's female beneficiary share are all well-documented and growing, while smallholder-farmer interventions consistently start from the smallest base and progress the slowest, despite agriculture employing 54.2% of Tanzania's labour force — the single largest share of any sector.
Other gender/age findings worth flagging: social security membership shows a "continued gender disparity, with a large proportion of underserved being women" even as 89% of TASAF's digital savings-group members are women — two different parts of the welfare system pulling in different directions on the same demographic. Youth credit accounts and loan values both declined over the period (−13.0% and −12.6% respectively), the only priority group to see an outright contraction in bank credit, even though youth-targeted activities were 50% complete — roughly the NFIF3 average.
10 — Theme 8From NFIF1 to NFIF3: Has the Access-to-Welfare Shift Actually Happened?
Tanzania's financial-inclusion journey has moved through three frameworks: NFIF1 (2014–2016) and NFIF2 (2018–2022) focused predominantly on expanding basic access; NFIF3 (2023–2028) is explicitly designed to shift the centre of gravity toward usage, quality, and — new to this framework — financial welfare/health. The Mid-Term data lets this claim be tested directly, and the answer is: partially.
The Welfare dimension exists at all — NFIF1 and NFIF2 had no equivalent — and its indicators, while starting from a low base, are all moving in the right direction. TIPS and interoperability reforms (unimaginable at NFIF1's 2014 launch) have materially cut transaction costs. The evaluation's self-assessment shows 87.2% of implementing institutions believe the 2028 targets remain achievable, and the Tanzania Financial Inclusion Index (TanFiX) is reported to be improving on both its access and usage sub-indices.
Resource allocation still mirrors the old priorities: of 549 dimensional activities planned for 2023–2025, 181 (33%) sit under Access and only 28 (5%) under Welfare. The Quality dimension shows the same tension — financial literacy and complaint-handling infrastructure improved, but adults' self-reported ability to afford financial services actually fell, from 80.0% to 67.3%, against an 85% target, as did satisfaction with financial services (also to 67.3%). Access has been institutionally easy to build; welfare and affordability have not yet caught up.
What Tanzania is learning from peer frameworks
| Country | Lesson for NFIF3 |
|---|---|
| South Africa | Access alone does not equal meaningful inclusion — the Mid-Term should prioritise usage, quality, and financial-health indicators over access targets. |
| India | Consider India's "financial health" outcome framework (safety, security, resilience, discipline) as a model for measuring the Welfare dimension. |
| Kenya | Explicitly incorporate alternative data and Digital Public Infrastructure principles as strategic enablers in the 2026–2028 action plan. |
| Zambia | Strengthen geographical disaggregation of targets to track district/regional-level inclusion disparities; consider adding senior citizens as an explicit priority segment. |
| Zimbabwe | Distinguish between active drivers and foundational enablers; adopt financial-health metrics of security, resilience, control, and freedom. |
| Nigeria | Consider a tiered indicator structure — dashboard indicators for high-level oversight, detailed indicators for technical-committee tracking. |
Source: BOT, NFIF3 Mid-Term Evaluation Report, Table 23 (Section 6.2.2).
11 — ScorecardThe Four-Dimension Implementation Scorecard
Stepping back from individual indicators, the plainest summary of NFIF3's Mid-Term position is the share of each dimension's planned activities actually completed by December 2025.
NFIF3 Activity Implementation Rate by Dimension, 2023–2025
Access shows the lowest activity-completion rate (32.6%) even though it shows the strongest outcome results (60.7% growth in access points) — because Access already started from the highest base after two prior frameworks, so its remaining planned activities are the hardest, most marginal ones left. Usage (63.2%) and Quality (56.2%) show the most activity progress. Welfare, at 52.9%, is completing its (much smaller) activity list at a reasonable rate — the concern TICGL/TERI raises in Section 06 is not the completion rate of Welfare activities, but that there are only 28 of them to begin with.
12 — TakeawaysTICGL Policy Takeaways
Rebalance the action plan toward Welfare and Quality
- Welfare holds 5% of dimensional activities against 33% for Access — a ratio worth revisiting for the 2026–2028 remainder, as the evaluation itself recommends.
- Track affordability and satisfaction as standing KPIs, not just account and transaction counts — both fell over the review period even as headline access grew.
Convert credit access into credit depth
- MSME and women's loan values fell even as account numbers rose — worth understanding whether this reflects prudent risk management or under-collateralised borrowers being rationed to smaller facilities.
- Scale the Secured Transactions Law and alternative credit-scoring models (mobile money histories, warehouse receipts, value-chain contracts) the evaluation recommends for smallholder farmers.
Close the smallholder-farmer and PWD implementation gap
- 22.2% completion for smallholder farmers/fisheries against 78.1% for women is the widest disparity in the entire evaluation and merits its own dedicated working group, as recommended in the source report.
- Agriculture employs 54.2% of the labour force — the scale mismatch between that share and the smallest, slowest-moving priority segment is a standing policy anomaly.
Fund NIN, rural connectivity, and cybersecurity together
- NIN coverage (60%) and internet access (31.6%) are both behind their mid-term targets and are foundational to almost every other indicator in this evaluation — e-KYC, credit history, and digital payment adoption all depend on them.
- Cybersecurity and fraud risk rise mechanically with every digital-adoption gain reported in this evaluation; consumer-protection capacity should scale in step, not after the fact.
"Tanzania has largely solved the problem NFIF1 and NFIF2 set out to solve — getting a financial access point within reach of nearly everyone. The Mid-Term Evaluation makes clear that NFIF3's real test is different: whether access converts into usage that is affordable, into credit that is meaningful rather than merely available, and into a level of financial health that lets a household absorb a shock without falling back out of the system it just joined."
— TICGL / Tanzania Economic Research Institute (TERI)
13 — SourcesReferences and Data Sources
Bank of Tanzania / National Council for Financial Inclusion, The National Financial Inclusion Framework 2023–2028 (NFIF3): Mid-Term Evaluation Report (2023–2025), June 2026. All figures in this analysis are drawn directly from this report unless otherwise stated; underlying supply-side data is credited by the source report to BOT, TIRA, CMSA, PMO-LER, ZSSF, PMO-RALG, and NEEC.
TICGL/TERI's commentary, framing, and cross-indicator readings (e.g., account-growth-vs-loan-value divergence, the dimension-activity ratio analysis) are TICGL/TERI's own interpretation of the source data and are clearly marked as such throughout this page ("TICGL reading", boxed commentary). This is an independent analysis of a Bank of Tanzania publication and is not itself a Bank of Tanzania or NCFI publication.
14 — Quick AnswersFrequently Asked Questions
How much did financial access points grow under NFIF3?
Financial sector access points grew by 60.7% between December 2023 and December 2025, reaching 2,266,706 nationwide — driven mainly by banking agents (+74.6%), non-bank payment institutions (+59.7%), insurance access points (+56.8%), and microfinance access points (+55.3%).
How big is mobile money and TIPS in Tanzania now?
Active mobile money accounts reached 75.8 million by December 2025, up 46.5% from 51.7 million in 2023. TIPS transaction volumes rose 56.1% to 517.7 million and transaction values more than doubled to TZS 37,206.61 billion in the year to April 2025.
Why is insurance and capital-markets penetration still low?
Insurance coverage reached 23.4% of adults and capital markets participation reached 5.8% by December 2025 — both ahead of their 2025 targets but still low in absolute terms, constrained by low public trust, urban-concentrated distribution, and products not yet matched to typical household incomes.
Which groups are still being left behind?
Smallholder farmers/fishers and persons with disabilities recorded the weakest implementation performance among NFIF3's priority segments — only 22.2% and 45.5% of planned mid-term activities were completed, respectively, compared to 78.1% for women.
Muhtasari kwa Kiswahili
Kutoka Upatikanaji Kwenda Matokeo: Uchambuzi wa TICGL wa Tathmini ya Katikati ya NFIF3 — Benki Kuu ya Tanzania (BOT) na Baraza la Taifa la Ujumuishaji wa Kifedha (NCFI) wametoa Ripoti ya Tathmini ya Katikati ya Mkakati wa Tatu wa Taifa wa Ujumuishaji wa Kifedha (NFIF3, 2023-2028), inayoshughulikia kipindi cha Desemba 2023 hadi Desemba 2025.
Matokeo makuu: Vituo vya huduma za kifedha viliongezeka kwa asilimia 60.7 kufikia 2,266,706; akaunti za pesa za simu zinazotumika ziliongezeka kwa asilimia 46.5 kufikia milioni 75.8; thamani ya miamala ya TIPS iliongezeka zaidi ya mara mbili hadi TZS trilioni 37.2. Hata hivyo, thamani ya mikopo kwa wanawake ilishuka kwa asilimia 45.1 hata ikiwa idadi ya akaunti iliongezeka; bima (asilimia 23.4) na masoko ya mitaji (asilimia 5.8) bado ni chini; na wakulima wadogo pamoja na watu wenye ulemavu ndio makundi yaliyobaki nyuma zaidi, wakikamilisha asilimia 22.2 na 45.5 tu ya shughuli zilizopangwa, ikilinganishwa na asilimia 78.1 kwa wanawake.
Uchambuzi wa TICGL/TERI unaonyesha kuwa Tanzania imefanikiwa kwa kiasi kikubwa katika kipimo cha "upatikanaji" (access) — lakini vipimo vya "matumizi bora" (quality) na "ustawi wa kifedha" (welfare/financial health) bado havijashika kasi sawa. Kati ya shughuli 549 zilizopangwa chini ya vipimo vinne (upatikanaji, matumizi, ubora, na ustawi), ni asilimia 5 tu zilizolenga moja kwa moja ustawi wa kifedha, ikilinganishwa na asilimia 33 kwa upatikanaji. Changamoto za kimuundo zinazoendelea ni pamoja na utegemezi wa bajeti za wafadhili, upatikanaji hafifu wa Namba za Utambulisho wa Taifa (NIN) na intaneti vijijini, hatari za usalama wa mtandao (cybersecurity), na ugumu wa viwango vya riba unaosababishwa na uchumi usio rasmi.
- Vituo vya huduma za kifedha: milioni 2.27 (+60.7%)
- Pesa za simu zinazotumika: milioni 75.8 (+46.5%)
- TIPS: thamani ya miamala TZS trilioni 37.2 (zaidi ya mara mbili)
- Bima: asilimia 23.4 ya watu wazima; Masoko ya mitaji: asilimia 5.8
- Wakulima wadogo na watu wenye ulemavu: makundi yaliyobaki nyuma zaidi katika utekelezaji
Chanzo: Benki Kuu ya Tanzania (BOT) / Baraza la Taifa la Ujumuishaji wa Kifedha (NCFI), Ripoti ya Tathmini ya Katikati ya NFIF3, Juni 2026. Uchambuzi umeandaliwa na Idara ya Utafiti ya TICGL / Tanzania Economic Research Institute (TERI).