Microfinance and Socio-Economic Development of Customers: A Case Study of Pride Uganda Limited.
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Date
2006-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, bachelors degree in international business administration
Abstract
Poverty is an increasing problem and a major concern worldwide. By extending
financial services to the poor we encourage self employment, decision making and
sustainable growth, allowing beneficiaries to fulfill their personal as well as their
professional goals by accessing a financial system, to obtain the essay funds in order
to achieve personal objectives. As a result, the tools used in microfinance sector are
the key to remove the threat of poverty permanently.
20 respondents were investigated in the study. These include 18 clients of which 5
were shopkeepers, 6 were farmers, 3 who worked for wages and those who gain
income from renting out small amount of land, vehicles, and draft animals were 5.
The rest 2 were employees of Pride Uganda, Limited. The research employed both
qualitative and quantitative methods of collection of data and analysis. The main
areas of focus in the study included sources of microfinance, services offered by
microfinance institution, government policy framework donors of microfinance in
Uganda, constrains of microfinance.
Lastly, policy makers should call for policy makers to have a better understanding
of the microfinance industry to develop a clear framework for regulation and
supervision of the sub sector.
Description
A Dissertation Submitted to Kampala International University in Partial Fulfillment of the Requirement for a Degree of Bachelor of International Business Administration of Kampala International University, Kampala.
Keywords
Microfinance, Socio-Economic Development, Pride Uganda Limited