Abstract:
The study assessed the role of economic empowerment schemes on Poverty reduction
among youth and women groups in Tanzania, a case study of Arusha Region.
Specifically, the study determined the influence of the provision of start-up capital on
Poverty reduction among youth and women groups in Tanzania, determined the role
of financial literacy training on Poverty reduction among youth and women groups in
Tanzania, and established the influence of business capacity building on Poverty
reduction among youth and women groups in Tanzania. The study adopted a survey
research design and was based on a quantitative approach. Data was collected from 95
respondents from the Arusha region through questionnaires. The sample was chosen
using purposive sampling methods. Using SPSS, descriptive statistics was used to
analyze the data. Furthermore, inferential analysis was conducted whereby regression
analysis was used to show the relationship between variables. Data was presented by
using Tables. The study found that the provision of start-up capital has a significant
influence on Poverty reduction among youth and women groups. Furthermore, the
study found that financial literacy training has a statistically significant role to Poverty
reduction among youth and women groups. Moreover, the study found that business
capacity building has a statistically significant influence on Poverty reduction among
youth and women groups. The study recommends that financial literacy should be
conducted to help entrepreneurs save enough to provide adequate capital to invest in
their businesses. Also, the study recommends that to save large groups of youth and
women, local government authorities should have enough budget for youth and
women and should encourage other's development to ensure that people can access
more capital towards investing in entrepreneurship. The Government through youth
and women empowerment programs should continuously offer training to youths
especially those with no technical skills, on new production, proper allocation of funds,
and marketing strategies/ techniques that aim at increasing the quality and quantity of
harvest to achieve lasting impact
