Browsing by Author "Daniel, Alooci Rukukuye"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Microfinance Services and Poverty Eradication in Uganda: A Case Study of Finca (U) Nakulabye Branch
    (Kampala International University, College of Economics and Management, 2011-08) Daniel, Alooci Rukukuye
    The study was set to analyze the relationship between microfinance services and poverty eradication in Uganda. The case study was FINCA (U) Nakulabye Branch. The purpose of the study was to examine the relationship between various micro finance services and eradication in Uganda. The objectives of the study were to establish the impact of micro finance services offered by microfinance institutions in Uganda. The study utilized descriptive research design which involved quantitative techniques of data collection. The total population was 51 management staff. The sample size of 50 management staff was taken as a representative sample for the management. The findings of the study revealed that household incomes have increased for clients of microfinance institutions than those who are not clients. Similarly clients have been in position to own consumer durables and are in condition to live an improved standard of living. The research recommends that microfinance institutions in Uganda should design client responsive products, introduce client exit surveys, have group guarantee systems, encourage loan restricting, train credit officers, credit reference, charge customer friendly interests rates and increase in loan terms. The researcher concluded that the services offered by microfinance institutions have a positive impact on the client who access those services since their standards of living is improved and they are able to establish small scale businesses as a result of accessed loans.