The effect of micro finance institutions towards poverty alleviation. "a case study of Kisenyi one Luzira parish in Nakawa division
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Date
2009-02
Authors
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Publisher
Kampala International University, School of Business and Management
Abstract
The 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.
Description
A research report submitted to the School of Business and Management in partial fulfillment of the requirement for the award of the Degree of Bachelor of Business Administration of Kampala International University
Keywords
Micro finance, Poverty alleviation