Outcome TZA_D_2.2

Financing barriers removed and women’s capacity to invest in climate-resilient agriculture increased. (FPI)

Result: Barriers to small holder women farmers and entrepreneurs is diminishing following the enhanced capacities of women to invest in climate -resilient agriculture. Women through the use of good agricultural practices have seen gains in their horticulture and sunflower production. As a result women's confidence and ability to apply for loans from the public and private financial institutions has increased as outlined below: 1 AMCOs has secured a loan from the Tanzania Agriculture Development Bank worth TZS 153 million which is equivalent to USD 66,550 Ikungi District Council extended a loan to Masenga group worth TZS 2 million which is equivalent to USD 870 to support the horticulture production Msalala District Council extended a loan to Lumolumo group worth TZS 10 million which is equivalent to USD 4,350 to support the horticultural production and other entrepreneurial activities UN Women Contribution: Financial and Technical support to Ikungi and Msalala District Council and implementing Partners who supported the women smallholder farmers and entrepreneurs

Financing barriers removed and women’s capacity to invest in climate-resilient agriculture increased. (FPI)

Result: This year ,Tanzania has seen great progress in the improvement of financial space for women and the agriculture sector. NMB Bank Tanzania has launched the first Gender Bond in Sub-Saharan Africa by which seeks to bridge the financing gap for women-owned and led SMEs and the launch of Malkia account product CRDB bank. CRDB Bank has also reduced interest rate for the agriculture sector from 20 percent to nine percent.Both NMB Bank and CRDB Bank have reaffirmed their commitments to deepen collaboration with UN Women through gender responsive financial services. More than 600 women directly working with UN Women have benefited from financial literacy from NMB and CRDB which has seen them planning better and expand their businesses. Through the Tanzania Social Action Fund,Tanzania has maintained an active number of household beneficiaries amounting to 1,364,252 where women represent 62 percent of household heads and by design 80 percent of cash recipients are female. The cash transfers enables households to take their children to school and meet a number of household needs. Beyond the cash transfers, to build resilient of the beneficiaries, 31,248 saving and livelihood groups have been created with 7.9 billion Tshs mobilized and invested through the groups, 84 percent of the group members are women also benefiting from entrepreneurship skills training. UN Women Contribution: Convening joint events with financial institutions to advocate for gender-responsive financial services and responsive workplaces through various platforms such as the Ring the Bell and the launch of the feminist plan for sustainability and social justiceadvocacy and support to Government partners to deliver GEF commitments including access to finance Result: Barriers of 675 women small holder farmers to access finance has reduced, women through sunflower cooperatives and horticulture farmers groups are mobilising financial resources from TADB, NMB and CRDB, LGA funding of WYDF as well as from the Village Community Banks to invest in good agricultural practices and technologies. UN Women Contribution: Convening joint events with financial institutions to advocate for gender-responsive financial services and responsive workplaces through various platforms such as the Ring the Bell and the launch of the feminist plan for sustainability and social justice.UN Women supported Ikungi and Msalala DC with a financial and technical support Evidence: Narrative reports