Diversity and Financial Inclusion: The Role of Microfinance Institutions in the Growth of SMES in Kenya

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dc.contributor.authorMuathe, Stephen
dc.contributor.authorKori, Blandina
dc.date.accessioned2023-06-06T10:15:29Z
dc.date.available2023-06-06T10:15:29Z
dc.date.issued2023
dc.descriptionresearch articleen_US
dc.description.abstractDiversity and financial inclusion was viewed as a blended inclusion of commercial activities, values and value addition on enterprise’s goals and mission. In this study diversity and financial were discussed as constant work in progress which needed to be maintained and nurtured for effectiveness. Microfinance institutions were found to be major component of diversity and financial inclusion. The study sought to assess the role of Microfinance institutions on the performance of small and medium enterprises. This was a secondary data study, which involved a review of more than 80 journal articles, government printing and ebooks for the period between; 2012-2021. The study found that microfinance institution were a valuable components of diversity and financial inclusion. More findings indicated that microfinance institutions contributed greatly to the growth of microenterprises as well as to individual household needs. However, the benefits for microfinance institutions were not inclusive, in that some stakeholders suffered discrimination, hence, the findings of the study indicated mixed results. The study recommends that regulatory framework should be more observant when registering the microfinance institutions to protect the consumers of all levels.en_US
dc.identifier.citationKori, B., & Muathe, S. DIVERSITY AND FINANCIAL INCLUSION: THE ROLE OF MICROFINANCE INSTITUTIONS IN THE GROWTH OF SMEs IN KENYA.en_US
dc.identifier.issn2348 0386
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/25680
dc.language.isoenen_US
dc.publisherInternational Journal of Economics, Commerce and Managementen_US
dc.subjectDiversityen_US
dc.subjectFinancial Inclusionen_US
dc.subjectMicrofinance Institutionsen_US
dc.subjectSMEsen_US
dc.subjectGrowthen_US
dc.subjectKenyaen_US
dc.titleDiversity and Financial Inclusion: The Role of Microfinance Institutions in the Growth of SMES in Kenyaen_US
dc.typeArticleen_US
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