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In 2011, only 17.3 percemt of adults in Tanzania had an account at a formal financial institution and 56 percemt did not have any access to financial services. Most of the population lives in rural areas with very low incomes and poor infrastructure, and women are especially disadvantaged. Such limited access to formal financial services also inhibits financial literacy – awareness of benefits and risks, and how to take advantage of opportunities...
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Tanzania - Diagnostic review of consumer protection and financial literacy (Vol. 2 of 2) : Comparison with good practices (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/271161483700551581

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