MMARAU Institutional Repository

impact of microfinance institutions on wowen financial empowerment in kenya: a case study of nakuru county

Show simple item record

dc.contributor.author Mongare, Ernestina Mkanyika
dc.date.accessioned 2016-04-22T11:08:24Z
dc.date.available 2016-04-22T11:08:24Z
dc.date.issued 2015-04
dc.identifier.uri http://hdl.handle.net/123456789/3021
dc.description Abstract en_US
dc.description.abstract Since the 1990s there has been a significant increase in provision of microfinance services to women through Micro Finance Institutions (MFls') to start small and medium enterprises income generating activities in Kenya, especially in urban areas. The microfinance programs are aimed at empowering women economically and socially. The purpose of the study was to investigate the impact of microfinance on economic development of MFls' women clients in Nakuru town. Data for the study was collected from primary sources using questionnaire administered to beneficiaries of the MFls" microfinance programs and from structured interviews. The study used a descriptive survey design. The target population of this study included the 500 SMEs operating in Nakuru town. A sample of Fifty (50) women was selected randomly from the target population. A questionnaire was designed and used to collect the data from the respondents. The data was analyzed both qualitatively and quantitatively where frequencies and percentages were computed and the data was presented using Percentages and frequencies . The data was presented in forms of tables and charts. The main finding of the study is that access to microfinance has impacted positively in the economic development of women through improvement in their businesses, asset ownership, income and living standard. Besides, the study shows that access to microfinance has improved the status of women both at the family level and in society as a whole. Based on the result, the study recommends that MFls' should endeavor to extend more credit facilities to women clients as this enhances their economic empowerment. Finally, MFls' and other institutions should provide more training programs to women in order to improve their entrepreneurial skills and help reduce problems which hinder their access to microfinance and growth. This study shall be of great benefit to all women in Nakuru County, and women entrepreneurs as it sheds light on the various aspects of MFls success to women development. The study results will also be of great benefit to the entire County of Narok in terms of increased revenue generation from the businesses. The government shall also be a key beneficiary as it shall enable in appropriate policy formulation. en_US
dc.language.iso en en_US
dc.publisher MMU en_US
dc.subject nakuru county en_US
dc.subject women financial empowerment en_US
dc.subject microfinance institutions en_US
dc.subject impact of microfinance institutions on women financial empowerment in kenya en_US
dc.title impact of microfinance institutions on wowen financial empowerment in kenya: a case study of nakuru county en_US
dc.type Article en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse

My Account