Microfinancing and development of women entrepreneurs in Rubavu District, Rwanda
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Date
2011-10
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Publisher
Kampala International University, College of Economics
Abstract
This report is a result of an academic research entitled ‘Microfinancing and development of women entrepreneurs in Rubavu district”. The main purpose of this study was to determine the degree of effectiveness of microfinancing in development of women entrepreneurs in Rubavu district. The study was guided by the three research questions. i) What is the extent of microfinancing in Rubavu district? ii) What is the level of development of women in Rubavu district? iii) Is there a significance relationship between the extent of microfinancing and the level of development of women entrepreneurs in Rubavu district? A sample of 200 of women entrepreneur’s clients of selected microfinance institutions (AGASEKE, CLECAM) in Rubavu district was selected from a target
population of 400 women. Participants were selected through a simple random sampling process. A questionnaire addressed to women entrepreneur was constructed to gain more information to the subject. SPAS was used to analyze all data. The data were processed using frequency distribution, mean, interpretation, and Pearson’s linear correlation coefficient
It was discovered that through microfinance factors, women entrepreneurs have been able to make small business; their own assets, self-control, and make a positive change in income. Therefore, the researcher discovered that there is a significance relationship between the extent of microfinance and the level of development of women entrepreneurs in Rubavu and rejected the null hypothesis. The study concludes that microfinance has a profound influence on the economic
status, decision making power, knowledge and self worthiness of women. It recommends that MFIs should increase the amount of loan/credit given to women entrepreneurs in order to enable them to save more for their good business performance.
Description
A thesis Presented to the School of Postgraduate Studies and Research Kampala International University Kampala, Uganda In partial fulfillment of the requirements for the Degree of Master of Business Administration
Keywords
Micro-financing and development, Women entrepreneuurs, Rwanda