Tanzania Bank For Women

29 Jul

 

 

clipped from news.bbc.co.uk

Tanzania has launched a bank aimed specifically at women in what officials say will be an empowering move.

The bank says women need only an ID card or passport to open an account, unlike other banks which require title deeds or other proofs of wealth.

And applicants need only 3,000 Tanzanian shillings ($2) in savings – much less than other banks.

Although the bank, which is based in Dar es Salaam, targets women with its services, men can also open accounts.

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