FSDT  and Bill and Melinda Gates Foundation partner with TASAF

29Mar 2019
Getrude Mbago
DAR ES SALAAM
The Guardian
 FSDT  and Bill and Melinda Gates Foundation partner with TASAF

THE Financial Sector Deepening Trust (FSDT) in collaboration with the Bill and Melinda Gates Foundation has expressed willingness to work with the Tanzania Social Action Fund (TASAF) in implementing e-payment strategy to ensure beneficiaries are able to adopt, use and derive value from digital-

Tanzania Social Action Fund (TASAF)

transaction.

FSDT executive director, Sothenes Kewe observed  early this week in Dar es Salaam at the meeting with TASAF management citing that the initiative is anticipated to come up with account ownership models that will meet the needs of beneficiaries.

 

 

According to him, the plan will be in line with the developed Gender Action Plan (GAP) that is expected to be integrated in phase II of the productive social safety net program (PSSN).

 

“The Gender Action Plan provides a roadmap for the PSSN II program, by detailing key priorities for women’s economic empowerment considering that out of five recipients of the cash grants, four are women,” he said.

 

He added; “Based on recent pilot data, only 31 per cent of women opted for e-payments, citing lack of mobile phone ownership and low awareness of mobile money transactions as among the factors.”

 

TASAF executive director   Ladislaus Mwamanga demonstrated strong interest into the adoption of the initiative, pointing out that a large part of the program has given a priority to women.

 

He however said that the implementation of the plan will be as per the requirements of the government.

 

Mwamanga said that, this year the implementation of PSSN II moves from cash to a single electronic solution through the government e-payment gateway to deliver payments to women’s mobile or bank accounts to address challenges which were arising during the cash payment model.

 

“In Tanzania, the cash transfer process requires TASAF beneficiaries to attend a community meeting prior to receiving payment; rural women spend hours waiting for receipt to the cash…so the electronic option is going to address all the challenges,” he added.

 

Launched in 2000, TASAF is now in its third phase, implementing a Productive Social Safety Net (PSSN) programme which targets more than one million poor households in the country.

 

It is expected to reduce extreme poverty level by 52 percent and also reduce extreme poverty gap between the poorest and the well off households by 43 percent.

 

The other target is to increase income of poor households by engaging them in economic activities, getting temporary employment and building their capacity to invest in productive assets.