INCOME EFFECT OF GROWTH OF MICRO ENTERPRISES ON POVERTY LEVEL IN IKOLOMANI SUB- COUNTY, KAKAMEGA COUNTY; KENYA
Abstract
The Kenyan government, in line with the Medium Term Plan of Vision 2030, chose to support entrepreneurship development through the start-up and growth of youth and women enterprises. The government of Kenya also devoted herself to attaining the target of reducing significantly, the number of Kenyans currently living below the poverty line. Despite poverty intervention studies and their recommendations, poverty remains a challenge, indicating that there is still more that needs to be done. Given this scenario, the main objective of this study was to determine the Income Level effect of growth of micro enterprises on poverty levels in Ikolomani sub-county, Kakamega County; Kenya. The study adopted descriptive research design and the target population of the study consisted of proprietors of micro enterprises in Ikolomani Sub-county, Kakamega County; Kenya. The study applied stratified sampling technique. A self-administered questionnaire was used as an instrument of primary data collection. Descriptive and inferential statistics was computed by using SSPS software for determination of required justifications of the objectives of the study; on consideration of descriptive statistics, mean and standard deviation were computed. On consideration of inferential statistics correlation analysis was done to measure the strength between variables while regression analysis was carried out to show the relationship between variables. The results of the study indicated Income level effects of growth of micro enterprises had an influence on poverty level. The study recommended proprietors to embrace the relevance of understanding Income as a Socio-Economic effect on poverty level since such socio-economic effects have an influence on poverty levels. However further studies could be done by applying other socio-economic effects and different analytical methods.
Key words: Income Level, Social Economic Effects, Poverty Level
CITATION: Shibuyanga, C., Kadima, M. J., & Malenya, A. (2022). Income effect of growth of micro enterprises on poverty level in Ikolomani sub- county, Kakamega County; Kenya. The Strategic Journal of Business & Change Management, 9 (1), 923 – 933.
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DOI: http://dx.doi.org/10.61426/sjbcm.v9i1.2233
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