Browsing by Author "Adong, Stella"
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- ItemThe effect of micro finance institutions towards poverty alleviation. "a case study of Kisenyi one Luzira parish in Nakawa division(Kampala International University, School of Business and Management, 2009-02) Adong, StellaThe study was designed to enable us to know the effect of Micro Finance towards Poverty alleviation, credit policy of Micro Finance on the very poor. The study was to establish the impact of microfinance towards poverty alleviation and its performance on the very poor, the weaknesses of interest rate, loan size, short and frequent payment schedules, imposed by micro finance to its clients and difficulties encountered by micro finance institutions. The study was conducted in Kampala District Nakawa Division Luzira Parish Kisenyi One Village. The study was guided by research questions. What are the techniques used to determine very poor people? The survey was designed approach both secondary and primary data were used. The samples used include small groups, clients, employees and management of officials of Micro Finance Institution. Data was collected using questionnaires and interviews. Data was analyzed using frequency table, percentage and content analysis. The findings of the study were microfinance credit or loans boosted performance Microfinance Scheme, as well as household incomes, favourable interest rates, short and frequent payment schedules. Loan size limits business operation and lack of collateral security limit access to loans or credit. Further research should be carried out on factors limiting the operations of MFis towards poverty alleviation.