The impact of Micro Finance and the Entrepreneurial Development: A case study of Kenya Women Finance Trust in Kiritiri Town (Kenya).
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Date
2012-03
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management Sciences .
Abstract
Entrepreneurship today has hit huge boost worldwide as individuals continuously seek to
develop and achieve vast in different fields. This global interest has much been realized in the
last decade especially in the developing countries. It also encourages use of local resources as
well as self reliance and employment. In the view to generate entrepreneurship, Kenya
government provides economic, social, financial and political support for the citizen.
In this survey carried to establish the impact of micro finances in entrepreneurial development
research questionnaires of both closed and open questions were issued project beneficiaries. Oral
interviews were also conducted to provide deep explanations which could have been left out in
the questionnaire respond.
The total number of respondents in this survey was one hundred and twenty entrepreneurs as
well as potential entrepreneurs consisting of both sexes. More importantly, descriptive
techniques were adopted to analyze data collected and in the process: explanations were
provided, tables, graphs and percentage expressions were used.
The study revealed challenges faced by both potential and existing entrepreneurs and has
provided practical solutions to postpone the hindrances experienced. It concluded that the
contribution of the multi-million programme is a reality in the entrepreneurial development.
Description
A dissertation submitted to the School of Business and Management in Partial Fulfillment of the Requirements for the Award of a Bachelors Degree in Business
Administration of Kampala International University.
Keywords
Micro Finance, Entrepreneurial Development, Impact, Kenya Women Finance Trust, Kenya