The Role of Uwezo Fund on the Economic Growth of Small and Medium Enterprises in Kiambu Couty, Kenya

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dc.contributor.authorMacharia, Eunice Wamuyu
dc.contributor.authorNjoroge, Jane Gakenia
dc.date.accessioned2023-07-13T09:49:00Z
dc.date.available2023-07-13T09:49:00Z
dc.date.issued2020
dc.descriptionArticleen_US
dc.description.abstractEmpirical Literature review indicates that financial challenge is the greatest obstacle that most small and medium enterprises (SMEs) face. Most of them opt to get subsidized governmental loans e.g Uwezo Fund, Youth enterprises fund and Women enterprises fund to finance their businesses. The researcher attempted to establish the role of Uwezo Fund on the SMEs growth. The significance of SMEs is largely recognized. Finance accessibility and other support services including training helps SMEs to grow. Uwezo Fund was started by the Kenyan government to help in eradication of extreme poverty and hunger and promote business start-ups especially by women, youth and people living with disabilities at constituency level. The researcher utilized Descriptive survey research design. 201 SMEs groups that had benefited from the Uwezo Fund in Juja constituency were the target population of which a sample of 61 respondents was selected which is thirty percent of the whole population. To collect data the researcher distributed Questionnaires to the respondents. Descriptive data analysis assisted by Statistical Package of Social Sciences (SPSS) was utilized in analysis. Bar graphs, tables and pie charts are forms in which data was presented. Percentages and frequencies were also used in presentation. The study outcome determined the role played by Uwezo fund towards SMEs’ economic growth in terms of creation of jobs and sales and profit generation. The theories that were used in the study to explain why SMEs chose Uwezo fund rather than other forms of financing are Trade off theory and Pecking order theory.en_US
dc.identifier.citationMacharia, E. W., & Njoroge, J. G. The Role of Uwezo Fund on the Economic Growth of Small and Medium Enterprises in Kiambu Couty, Kenya.en_US
dc.identifier.issn2454-6186
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/26203
dc.language.isoenen_US
dc.publisherJRISSen_US
dc.subjectRolesen_US
dc.subjectUwezo Funden_US
dc.subjectSmall and medium enterprises.en_US
dc.titleThe Role of Uwezo Fund on the Economic Growth of Small and Medium Enterprises in Kiambu Couty, Kenyaen_US
dc.typeArticleen_US
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