The Impact of Microfinance on Small and Medium Enterprises Growth in Lira District. Case Study of Adekokwok Traders Enterprises for Lira Municipality.

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Kampala International University, College of Economics and Management.
This study examines the impact of the Microfinance on growth of the Small and Medium Entrepreneurs (SMEs) in Lira district. The specific objectives of this study are as follows; to determine at what extent accessibility of microfinance lead to increase the volume of gross sales of participants and to understand other factors enhancing SME’s growth. The study will use cross-sectional research design in which 150 SMEs will be used as a sample size: 75 clients from BRAC and 75 clients from centenary bank. Data will be collected using questionnaires, direct observations and documentary reviews. Descriptive statistical procedures including descriptive and frequency distributions from the database template will be used and then, running Linear Regression Model. The result findings revealed that most of the respondents who were engaged in micro enterprises were female. Indeed, they were also in the age of briskest and economical active individuals of mean age 31.2 years, and the majority of them had primary level of education. However, the statistical findings also revealed that the following null hypothesis are statistically significant under t-test at 0.05 level of significance; There is statistically significant on microfinance access on SMEs growth. While null hypothesis stated that there is statistically significant relationship between SMEs growth and start-up capital and the other which stated that there is no statistically significant that experience on SME activities improves SME’s growth which reveals that it is not statistically significant at t-statistic 0.05 level of significance.
A Research Proposal Submitted to The College of Economics and Management in Partial Fulfillment of The Requirements for The Award of a Bachelor’s Degree In Business Administration in Kampala International University.
Microfinance, Medium Enterprises