INFLUENCE OF SOCIO-ECONOMIC FACTORS ON SUSTAINABILITY OF WOMEN GROUPS IN VIHIGA COUNTY
Abstract
The main objective of this study was to investigate influence of socio-economic factors on sustainability of women groups in Vihiga County, Kenya. The study’s specific objectives were to establish influence of access to fund on sustainability of women group in Vihiga County and to determine influence of enterprise management skills on sustainability of women group in Vihiga County. The study used capital formation theory and collective action theory to support the research variables. Descriptive research design was used in the study. The study targeted chairperson, secretary and treasury from women groups in Vihiga County. Sampled respondents were selected using stratified random sampling techniques. The study used primary data which was collected using structured questionnaires. Pilot test was conducted to test validity and reliability of data collection tools. Descriptive and inferential analysis was done by the use of Statistical Package for Social Sciences (SPSS 23) and presented through percentages, means, standard deviations and frequencies. For variable relationships, inferential analysis was examined and analyzed data was presented by use of tables, figures and models. Using Pearson correlation coefficient, the findings established a direct and positive relationship between sustainability of women groups and independent variables; access to fund and enterprise management skills. Further inference using multiple linear regressions showed the proportionate contribution of socio-economic factors towards sustainability of women groups. This study observed that the access to fund showed the positive predictive power towards sustaining women groups. The study also established that enterprise management skills have significant influence on sustainability of women group in Vihiga County. The study recommended that women groups find out various ways of raising funds other than from their own contributions and invest prudentially. The study also recommended that women through their various women groups should be trained and equipped with skills by women and gender departments in the county government.
Key Words: Access to Funds, Women Groups, Enterprise Management Skills, Sustainability
CITATION: Maruti, K. N., Miroga, J., & Otinga, H. (2021). Influence of socio-economic factors on sustainability of women groups in Vihiga County. The Strategic Journal of Business & Change Management, 8 (2), 261 – 274.
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