The role of microfinance institutions on the economic empowerment Of the rural women in Ibakara community,Koro Sub County ,Gulu District ,Uganda.
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Date
2014-05
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The study investigated the role of FINCA micro finance institutions on the economic empowerment of
the rural women in Ibakara community, Koro sub-county, Gulu, Uganda. The study objective were to,
tina -&m whetA. ~ iw:al uz.ornf'A .in Thakar.a .community haY~ aC..Q.~ to FINCA microfinance
institution services/ activities, to find out the level of benefits/ satisfaction from FINCA microfmance
institution among members of lbakara community, to determine whether there is insignificant
relationship between FINCA micro finance institution activities and the economic empowerment of the
rural women in lbakara community.
It was hypothesized that there is significant relationship between FINCA microfinance institution
services/activities and economic empowerment of the rural women in lbakara community.
The study used descriptive research design with qualitative and quantitative methods of data analysis.
The study used sample of 1 00 respondents, and random sampling technique was used to sample the
respondents of the study. The findings were analyzed using descriptive statistics. The findings on
demographic characteristics of the respondents revealed that there were variations in the respondent's
sex, age, occupation, marital status, educational level. The variation affected and influenced individual
perception on the role of micro finance institution on the economic empowerment of the rural women
in lbakara community, Koro sub-county, Gulu, Uganda as the respondents provided varied opinions
on the topic. The analysis of the study findings bears in mind the influence of the respondent's
background.
The findings on the objective one revealed that 46% of the respondent agreed with the statement,
35.0% disagreed with the view, 19% was undecided. Results on the objective indicated that rural
women in lbakara community have access to FINCA microfinance institution services/ activities,
objective two revealed high level of benefits/ satisfaction from FINCA microfinance institution among
members of lbakara community as 59% of the respondents agreed with the statement,26% disagreed
,15% were undecided , finding on objective three revealed that there is insignificant relationship
between FINCA microfinance institution activities and the economic empowerment of the rural
women in Ibakara community as 54.8% of the respondents agreed with the statement, 29.8 disagreed
with the statement while 15.4%.
Description
A research report submitted in partial fulfillment of the Award of Bachelor in Business Administration from Kampala International University
Keywords
Microfinance, Institutions, Women, Rural