capacity above Tshs 1,000,000 formed 4% of all client respondents. No clear reasons were established by this research on the decrease in the number of borrowers with increasing amount of borrowing although the clients appeared to be appreciably aware of the borrowing conditions set by BELITA. It may be speculated that, client’s weakness in taking high risks of borrowing large amount of loans associated with weakly invested business whose income may not be generated to adequately meet the weekly repayment disbursements. Table 4.1: Profile of the BELITA Client Respondents Profile Variable Frequency Percentage Cumulative Percentage Female 90 90.0 100.0 Gender 25-29 26 28.9 28.9 Age 30-34 years 37 41.1 70.0 35-39 years 20 22.2 92.2 40-44 years 6 6.7 98.9 45-49 year 1 1.1 100.0 Experience in Less than 1 3 3.3 3.3 business year 1-5 years 63 70 73.3 5-10 years 24 26.7 100 Above 10 - - - years Source: Data (2013) Table 4.2: Borrowing Capacity by Clients Variables( Tshs) Frequency Percent Cumulative Percentage 1-500,000 48 53.3 53.3 500,0001-1000,000 39 43.3 96.7 1000,001-1500,001 1 1.1 97.8 1500,001-2000,000 1 1.1 98.9 2000,001+ 1 1.1 100.0 Total 90 100.0 Source: Field Data, (2013)
capacity above Tshs 1,000,000 formed 4% of all client respondents. No clear reasons were established by this research on the decrease in the number of borrowers with increasing amount of borrowing although the clients appeared to be appreciably aware of the borrowing conditions set by BELITA. It may be speculated that, client’s weakness in taking high risks of borrowing large amount of loans associated with weakly invested business whose income may not be generated to adequately meet the weekly repayment disbursements. Table 4.1: Profile of the BELITA Client Respondents Profile Variable Frequency Percentage Cumulative Percentage Gender Female 90 90.0 100.0 Age 25-29 26 28.9 28.9 30-34 years 37 41.1 70.0 35-39 years 20 22.2 92.2 40-44 years 6 6.7 98.9 45-49 year 1 1.1 100.0 Experience in business Less than 1 year 3 3.3 3.3 1-5 years 63 70 73.3 5-10 years 24 26.7 100 Above 10 years - - - Source: Data (2013) Table 4.2: Borrowing Capacity by Clients Variables( Tshs) Frequency Percent Cumulative Percentage 1-500,000 48 53.3 53.3 500,0001-1000,000 39 43.3 96.7 1000,001-1500,001 1 1.1 97.8 1500,001-2000,000 1 1.1 98.9 2000,001+ 1 1.1 100.0 Total 90 100.0 Source: Field Data, (2013)