Microfinance services on women entrepreneurship in south western Uganda: a case study of Kisoro District
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Date
2019-08
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Publisher
Kampala International University, College of Economics & management.
Abstract
The study sought to examine the microfinance services on women entrepreneurship in South Western Uganda: A case study of Kisoro District. The study objectives were; to assess the effects of microfinance services on women entrepreneurship in Kisoro District, Uganda, to investigate the business challenges facing microfinance services on women entrepreneurship in Kisoro District, Uganda and to examine the various financial strategic practices that micro finance institutions use to influence women entrepreneurship in Kisoro District, Uganda. The study used a cross-sectional research design. The qualitative approach was used to collect and analyze data on the study topic. This design was used because It brings out clearly the relationship between the two variables. The study was especially non-experimental because the researcher wanted to describe and make observations of what the real results would before purposes of making decisions based on the facts to improve the situation. The target population was 110 and it comprises of 8 officials from Microfinance Institutions in Kisoro, 35 Women Entrepreneurs and 67 Local peasants. The rational was that all the above are stakeholders. Target population refers to the cumulative elements of study from an environment in which information is gathered from. The sample si2e of the study consisted of104 of target population and is determined through purposive and random sampling methods. Data was collected primary and secondary sources using questionnaires and interviews. After collecting data, the researcher organized well-answered questionnaires data was edited and sorted for the next stage. The data was presented in tabular form, pie charts and bar graphs with frequencies and percentages. The study findings revealed that 39(’39.8%,) strongly agreed and 21(21.4%) of them agreed, and 14.3% of the respondents are neutral, 9(9.2%, disagreed while 15(15.3%,) of them strongly disagreed as indicated. Therefore, this means that a significant number of respondents generally agreed with the view above that when women get access to financial services, many are able to invest in their talents by starting or expanding their own businesses. The study concludes that these are organizations selected best practices or lessons learned utilizing criteria that could be positively be shown to promote and sustain good practices in advancing women empowerment. The study recommends that microfinance institutions should consider giving loans without strict conditions such as high guarantees and strong background information. This was so since women cited the above conditions before given loans
Description
A research report submitted to the College of Economics and Management in partial fulfillment of the requirements for the Award of a Degree of Bachelor of Business Administration (accounting and finance) at Kampala International University
Keywords
Microfinance Services, Women Entrepreneurship, South Western