@amufuruki
Ali A. Mufuruki
5 years
Imagine if we stopped talking about financial inclusion and focused on wealth creation instead. The only way to bank the unbanked is through debt-trapping schemes that make the poor even poorer. Wealth creation requires individuals to be productive first before they borrow
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Replies

@shigolip
Shitero
5 years
@amufuruki I concur with you Bw. Mafuruki. We need to move past the romanticisation of the access to FI to how it's done and its impact to people's lives.
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@SumaMwaitenda
Suma Mwaitenda (Mwananchi)
5 years
@amufuruki Absolutely
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@godlisten3
Godlist3n
5 years
@amufuruki Come again sir.
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@Alphayophilipo
Msumari Jr!
5 years
@amufuruki Hii Nondo Atari sana.... Endelea mkuu kuachilia maarifa...
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@abu_salim2011
Abu salim
5 years
@amufuruki @bajabiri Possible for someone who is employed to be productive coz at the end of the day borrowing is inevitable?? Kindly assist.
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@richardsco24
Richard Simon
5 years
@amufuruki Is it a win-win ?
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@itetemia
Saidi R. Fundikira
5 years
@amufuruki @motowntz Most of the food that we ordinary people consume in Tanzania is produced by mainly small scale farmers who make up ~70% of the population. Are these farmers productive? How often do local banks extend loans to them, if they are productive?
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@PoppyDay11
Poppy Day
5 years
@amufuruki Wealth creation can be reached through financial inclusion with right infrastructure in place. With due respect I don' think if you reached where you are without borrowing.
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@MwombekiBaregu
Mwombeki
5 years
@amufuruki Wealth creation should always be the end goal. Financial inclusion is merely the means. For inclusion to lead to wealth creation then economic productivity needs to be married with the right kind of capital addressing the most valuable investment/financial gaps and opportunities.
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@kaseko
Abel Kaseko
5 years
@amufuruki Well said.
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