DETERMINANTS OF PERFORMANCE OF WOMEN FUNDED MICROENTERPRISES: A CASE STUDY OF GROUPS IN KAJIADO NORTH CONSTITUENCY
Abstract
The main objective of this study was to establish the determinants for the performance of women funded microenterprises a case study of groups in Kajiado North constituency. The study sought to answer the following research questions: what is the effect of level of financing on the success of women funded microenterprises; what is the effect of education level of women on the success of women funded microenterprises; and, how effective are business support and training activities on the success of women funded microenterprises. The study utilized a cross-sectional research design and a questionnaire was used as data collection tool. The study targeted the women groups with loans from WEF in Kajiado North Constituency totalling to 163 groups with sample size of 90 women. To satisfy the research objective, data was collected using a questionnaire that was administered through telephone survey, face to face interviews or through email. Descriptive analysis such as frequency, percentage, mean and standard deviation were used to analyze the data which was summarized using figures and tables. Correlation analysis was used to examine the strength of the effect of this determinants that is level of financing, education level of women, business support and training activities on the success of women funded microenterprises and regression analysis was used to examine the nature of the determinants that is level of financing, education level of women, business support and training activities on the success of women funded microenterprises. On overall 77.9% of the variation in success of women funded microenterprises can be explained by level of financing, education level of women, business support and training activities while the remaining percentage can be explained by other factors excluded in the model. The findings of the study demonstrated that determinants that is level of financing, education level of women, business support and training activities on the success of women funded microenterprises. Hence the study recommended that trainings focus on all members of the group, not just group officials as is the case currently, and should be conducted to reasonably-sized trainee numbers so as to improving their impact on knowledge transmission. Trainings should also focus to group activity and were general targeting all groups by allocating more field resources to Loan Officers and also Loan amounts approved should be enhanced to adequately finance identified projects as groups were in cases forced to share out the loan and into uneconomical amounts for use on individual projects.
Keyword: Level of Financing, Women Funded Microenterprises, Performance
CITATION: Ngamate, D. W., & Omwenga, J. O. (2022). Determinants of performance of women funded microenterprises: A case study of groups in Kajiado North Constituency. The Strategic Journal of Business & Change Management, 9 (1), 794 – 802.
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DOI: http://dx.doi.org/10.61426/sjbcm.v9i1.2223
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