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dc.contributor.advisorJeremiah Koorien_US
dc.contributor.authorCheburet, Alex
dc.date.accessioned2023-08-10T08:11:31Z
dc.date.available2023-08-10T08:11:31Z
dc.date.issued2023
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/26729
dc.descriptionA Research Project Submitted to the School of Business, Kenyatta University in Partial Fulfilment for the Award Of Degree in Master of Business Administration (Finance Option) of Kenyatta Universityen_US
dc.description.abstractThe Youth Enterprise Development Fund (YEDF) was established by an Act of Parliament in 2006 as a strategy to broaden economic opportunities and promote youth participation in building the nation. The effective utilization of the fund is vital if its objective of empowering young people through entrepreneurship. This study aimed to evaluate the relationship between financial management skills and the utilization of business development funding among youth enterprises in Baringo South Constituency. The study specifically sought to determine the relationship between investment decision making process, financial record management, saving behavior and cash flow management and the utilization pf the YEDF in Baringo South Constituency, Baringo County, Kenya. Financial self-efficacy theory, goal setting theory, contingency theory and information asymmetry theory formed theoretical basis for this research. Researched entities was 22 YEDF-funded MSEs in Baringo South Constituency's. The study’s sample size was made up of 88 group officials, four fund managers and three youth fund officials. Questionnaires were used in the collection of primary data. Prior to the study, a pilot was conducted in Koibatek to test data gathering devices. Research data was collected qualitatively and quantitatively. Data was presented using tables and charts. The data analysis was conducted using the Statistical Package for the Social Sciences (SPSS). The measures of central tendency were done by finding the means and standard deviation the data sets. The study used correlational and regression analysis to compute the correlation between the study variables. The study established a positive and significant relationship between the three independent variables: investment decision making, financial record management and saving behavior, and YEDF utilization among youth groups in Baringo South Constituency, Kenya. It also found a weak positive and significant relationship between cash flow management and YEDF utilization among youth groups in Baringo South Constituency, Kenya. The study recommended that entrepreneurial training for youth enterprises, and distinct saving accounts to assist youth groups organize their finances. It also emphasized on the importance of cash flow statements to help investors and shareholders understand how much money group is producing and spending. The study suggested that further studies should be conducted on financial management skills and use of government financial kits such Uwezo funds, Women Enterprise Development funds should be conducted.en_US
dc.description.sponsorshipkenyatta universityen_US
dc.language.isoenen_US
dc.publisherKenyatta universityen_US
dc.subjectFinancial Managementen_US
dc.subjectYouth Enterprise Development Funden_US
dc.subjectYouth Groupsen_US
dc.subjectBaringo South Constituencyen_US
dc.subjectKenyaen_US
dc.titleFinancial Management Skills and Utilization of Youth Enterprise Development Fund among Youth Groups in Baringo South Constituency, Kenyaen_US
dc.typeThesisen_US


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