Loan accessibility and development of small scale enterprises in Usuk Sub-County Katakwi District

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Date
2014-05
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Publisher
Kampala International University.College Of Economics and Management
Abstract
The topic of the study was loan accessibility and development of small scale enterprises (SMEs) in Usuk sub county, Katakwi district A sample size of 50 respondents was used and the objectives of the study were; to assess the services received by small scale enterprises in work sub-county to fmd out the challenges faced by small sc ale enterprises in accessing and servicing loans and to assess the relationship between loan accessibility and development of small scale enterprises in Usuk sub county. The findings of the study were; SSEs receive both financial and non financial services from small scale enterprises, small scale entrepreneurs face challenges like lack of loan security, high interest rates and other and there is a positive relationship between loan accessibility and development of small enterprises. The research study brought a conclusion that the development of SMEs in the Usuk Sub County are mainly due to loan accessibility The recommendation was that for more development of small scale enterprises to be achieved, there entrepreneurs need to put loans for the use for which they were intended
Description
Research report submitted to College of Economics and Management in partial fulfillment of the requirements for the award of a bacherlor's degree in Business Administration of Kampala International University
Keywords
Loan accessibility, Development, Enterprises, Usuk Sub-County, Katakwi District
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