EFFECT OF ACCESS TO CAPITAL ON PERFORMANCE OF COMMUNITY BASED FISH FARMING PROJECT IN THE COUNTY OF KAKAMEGA; KENYA
Abstract
Fish farming has played a major role in employment, economic development of the nation, provision of a nutritious meal for the people and earnings from foreign currency through exports. Many farmers are quickly taking up fish farming as a means of earning extra income for the family. However, despite the government's effort to promote aquaculture, the projects did not perform as expected; the freshwater aquaculture sub-sector registered a depressed performance. The study therefore examined the effect of Access to Capital on Performance of the Community based Fish Farming Projects in the County of Kakamega; Kenya. A descriptive survey research design was used. The target population was obtained from farmers owning fish bonds in the county of Kakamega; Kenya. Taro Yamane’s Proportion Sampling Technique formula was used to determine the sample size. Descriptive and Inferential statistics of the data obtained was analyzed by the use of Statistical Package of Social Sciences (SPSS). The study’s overall finding was; Access to Capital had a significant positive correlation on Performance of Community based fish farming projects in the County of Kakamega; Kenya. The study embraced and recommended for farmers to be supported or find ways to have Access to Capital since it improves performance of fish farming projects. Further researching on similar variables using different methods was encouraged by the study.
Key words: Access to Capital, Performance
CITATION: Nyamwata, E., & Mukanzi, C. (2021). Effect of access to capital on performance of community based fish farming project in the County of Kakamega; Kenya. The Strategic Journal of Business & Change Management, 8 (4), 154 – 166.
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DOI: http://dx.doi.org/10.61426/sjbcm.v8i4.2092
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