The effect of microfinance services on entrepreneurship Development :
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Date
2019-10
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Publisher
Kampala International University, College of Economics and Management
Abstract
The purpose of the study was to investigate the effect of microfinance institutions services on entrepreneurship development in Pride Microfinance Hoima branch. The study was based on three specific objectives; to examine the effect of microfmance saving services on entrepreneurship .development in in Pride microfinance Hoima branch, to establish the effect of microfinance lending services on entrepreneurship development in Pride microfinance Hoima branch and to determine the effect of microfinance client training and education services on entrepreneurship development in ML. Hoima branch. was based on a descriptive survey design basing on the use of qualitative and quantitative approaches that was adopted to investigate the effect of microfinance institutions services on entrepreneurship development in Pride Microfinance Hoinia branch. Simple random sampling and purposive sampling techniques were used in the study. Questionnaires were used to collect primary and secondary sources of data from 52 out of 65 respondents, using simple random sampling. Data
analysis was done using SPSS’s frequencies. finally the report was looked at the study results and gave the discussion of each finding. Therefore. ere, data analysis, procedures and response rate was being focused on. Then the findings conclusions and recommendations will be presented. The finding in the first objective was to
~amine the effect of microfinance saving services on entrepreneurship development in in Pride microfinance Hoima branch indicated that, the people of Hoima are aware of problems faced by microfinance saving services on entrepreneurship development which have a negative effect on theo rganizational performance of the PML in Hoima branch with 68% of respondents who strongly greed and Microfmance saving services favourable to all people of Hoirna with 56% of respondents ‘ho strongly agreed. the finding on the second objective was to establish the effect of microfinance lending services on Entrepreneurship development in Pride microfinance Hoima branch indicated that, the people are ware of the problems faced by microfinance lending services on the entrepreneurship development with the response of 71% who strongly agreed and that, microfinance lending services are useful on entrepreneurship development with the response of 68% who strongly agreed. the finding on the third objective was to determine the effect of microfinance client training and thication services on entrepreneurship development in PML, Hoima branch indicated that, PML, Hoima branch has a positive effect that Microfinance in the entrepreneurship has led to increase in turns of equity with the findings over 73% levels of agreement on the areas provided, how microfinance useful in the efficiency of the entrepreneurship development and how microfinance services helps in the growth of the entrepreneurship with the response of 58% who strongly agreed that these services are of benefit to people in Hoirna district. therefore welcome you to have a humble time in reading this work. There are new and knowledge building findings in the work, a lot of inspirations. I therefore welcome you to have a humble time in reading this work. here are new and knowledge building findings in the work, a lot of inspirations. The study re commends that for Microfinance Institutions Services to meet their potential for entrepreneurship development, more attention must be focused on Social capital, access to financial institutions and financial literacy.
Description
A research report submitted to the college of economics and management department of accounting and
finance in partial fulfillment of the requirement for the award of a Degree of Bachelor of Business Administration of Kampala International University
Keywords
microfinance services, entrepreneurship, Hoima District