Role of Microfinance Institutions in Promoting Savings in Uganda: (A Case Study of Pride Microfinance Mukwano Arcade Branch)
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Date
2009-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management Sciences .
Abstract
This study was aimed at examining the role of Microfinance institutions in promoting
savmgs.
The objectives of the study were to determine the impact of micro finance programmes
on the household welfare of rural poor; Find out if micro finance programmes savings
reduce vulnerability and risks of rural poor; and to find out how micro finance promotes
empowerment of rural poor.
Qualitative and Quantitative Designs were employed where convenient san1pling was
applied to select the respondents used for the study
The mam instruments used 111 the data collection were the
questionnaires; the data collected was analyzed manually where the researcher used
descriptive and quantitative analysis, which included percentages and frequencies.
The findings of the study included among others the fact Micro finance schemes had a
positive impact on the welfare of the youth; Savings helped the you overcome some of
the vulnerable conditions that they found them selves in and that Micro finance actually
empowered the rural poor.
This research recommended among other things the need for more future research that
must focus on a deeper understanding of poverty alleviation since microfinance is only
treating the symptoms than attacking the real causes.
Description
A research report submitted to the Faculty of Social
Science in the Department of Economics as a Fulfillment of
the Award of Bachelors Degree of
Arts in Economics of
Kampala International University.
Keywords
Microfinance Institutions, Promoting Savings, Role, Pride Microfinance