An investigation on the factors affecting financing micro and small enterprises by micro finance institutions in Kenya.a case of micro and small enterprises in Murang'a town
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Date
2011-08-17
Authors
Njau, James Mwangi
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Abstract
The MSEs sector in Kenya plays an important role in the social- economic development
of the country. Its significance can be seen in terms of contribution towards economic
growth, employment creation, poverty eradication and development of an industrial base.
However, despite the critical role played by the sector, its faced with many challenges
and constraints that include unfavorable policy environment and regulatory framework,
limited access to financial services and markets, inadequate skills and technology and
gender inequality among others. The objective of the study will be to investigate
Microfinance factors affecting the performance of MSEs financed by microfinance
institutions in Kenya, with a special reference to MSEs in Murang'a Town in Murang'a
County. Specifically, the research aims to attain the following objectives; find out
whether business training affects performance of Micro and Small Enterprises, examine
whether microfinance credit cost affects the performance of Micro and Small Enterprises,
establish whether the microsaving and microinsurance products offered by rnicrofinance
institutions affect performance of Micro and Small Enterprises and finally, assess
whether loan lending methods affects performance of Micro Small Enterprises. The study
is intended to be of help to individual entrepreneurs, microfinance institutions, potential
investor's government, as well as researchers. Literature review includes theories on
MSEs development, microfinance revolution, general empirical review on Microfinance
and MSEs performance and Microfinance factors affecting MSEs performance. The
study will use stratified random sampling and then apply the simple random sampling to
select strata. 60 respondents will be involved in the study. Data will be gathered using
questionnaires. The researcher will administer the questionnaire to responds assisted by
hired personnel. The data will be analyzed using statistical package for social and
sciences (SPSS). It will then be presented in tables, graphs, pie-charts and cross
tabulations. Based on the findings, data and descriptive statistics will be provided as well
as conclusions of the findings and recommendations.
Description
Department of Business Administration, 65p. The HG 178.33 .K4N52 2011
Keywords
Microfinance --Kenya --Murang'a, Small enterprises --Kenya --Murang'a