Effect of financial record keeping on the financial sustainability of women entrepreneurs in Mjini Magharib, Zanzibar Tanzania
Khamis M. Haji, Biruk Ayalew Wondem, Namungo Hamzah
Published May 28, 2026
Pages 44-58
Financial record keeping is an essential capacity that strongly supports the management of funds, providing evidence summarized in accuracy, transparency, and compliance to improve business continuity (Zaniarti et al., 2022; Khan, and Afridi., et al., 2022). Financial sustainability is the condition of an individual, firm, or association to keep its financial health over the long term, ensuring it can fulfill its obligations in investing for future growth (Smith et al., 2023; Johnson and Lee, 2024). The purpose of this study is to examine the effect of record keeping on the financial sustainability of women entrepreneurs in Mjini Magharib, Zanzibar. Women entrepreneurs participate a crucial position in addressing societal challenges, through the human capital theory; entrepreneurs applied a combination of knowledge and skills to sustain financial resources for future business growth. The regression approaches used to analyze primary data collected show that the records keeping components, which are accuracy and transparency has relationship to financial sustainability, to conclude that financial record-keeping plays a significant role in ensuring that achieving business goals through knowledge and increasing financial sustainability. Ministry concerns that collaboration with financial institutions continues to organize seminars for women entrepreneurs to open their minds on financial literacy. Further study shall focus on compliance, timeliness, and willingness of women entrepreneurs on financial sustainability.
Accuracy
Transparency
Education level
Financial behavior change
and financial sustainability
Khamis M. Haji, Biruk Ayalew Wondem, Namungo Hamzah.
"Effect of financial record keeping on the financial sustainability of women entrepreneurs in Mjini Magharib, Zanzibar Tanzania."
International Journal of Economics and Business Management
, vol. 2
, no. 2
, 2026
, pp. 44-58