Micro-credit service provisions and urban women’s economic well being:

Abstract

The main purpose of the study was to investigate the relationship between microcredit services and economic wellbeing of women in Makindye Division. The study was guided by three objectives: (1) finding out the level of microcredit services. (2) Finding out the level of economic wellbeing and (3) finding out the relationship between microcredit services and economic wellbeing of women in Makindye Division. The study involved quantitative approach specifically the descriptive correlational study design. The target population of the study was 100 women out of which a sample of 80 women were selected using simple random sampling. Closed ended questionnaires were used to assess the variables under study. The findings of the study indicated that the level of microcredit services among women in Makindye Division is loss as evidenced by the mean of 2.32. More so the study findings also revealed that the level of economic wellbeing among women is also still low as shown by the mean of 2.18. The study also found a weak positive relationship between microcredit services and economic wellbeing among women in Makindye division as shown by the Pearson correlation coefficient of 0.329. The study therefore concluded that the level of microcredit services and economic wellbeing is low. Consequently recommended government to derive policy frameworks that would favor women to improve their economic wellbeing through credit access and community extension services.