Samenvatting

Sustainable provision of the microfinance program is recommended to widen the income sources of poor people. Since the poor people do not have access to formal financial services, microfinance services regarded as useful way out for financial constraints. Microfinance services have grown immensely since its beginning in the 1970s following related strategies for reducing poverty in the world. Microfinance has an impact on the increasing household income, assets ownership and improving the living standard of the beneficiaries in the world. The objective of the study was to assess the influence of microfinance on the economic empowerment among the youths in Tanzania. The impact of microfinance was investigated on how microfinance empowered youth economically, impact of microfinance on the asset’s ownership of youths and the impact of microfinance training skills on economic empowerment of youths.