Tiva recognizes the significance of microloans in Tanzania in empowering individuals and small businesses. However, there are several challenges that need to be addressed to improve the effectiveness and impact of microfinance initiatives. These challenges include limited access to services in remote areas, high interest rates that burden borrowers, insufficient financial literacy, inadequate loan sizes and repayment periods, limited product diversification, and the need for rigorous impact assessments. Tiva is committed to overcoming these issues in order to help and enhance the success of microfinance programs and promote economic development in Tanzania.