scholarly journals Microfinance Services and Performance of Women Owned Business Enterprises in Busia County, Kenya

2020 ◽  
Vol 2 (3) ◽  
pp. 24-37
Author(s):  
Christopher Busolo Lusweti ◽  
Evans Mwasiaji
Keyword(s):  
Social Capital ◽  
Women Entrepreneurs ◽  
Financial Training ◽  
Target Population ◽  
Legal Framework ◽  
Primary Data ◽  
P Value ◽  
Microfinance Institutions ◽  
Business Enterprises ◽  
Women Owned Business

The main purpose of this study was to determine the effects of microfinance services on women owned enterprises in Busia County. The study specific objectives included, to establish the effects of credit on performance of women owned business enterprises in Busia County, determine the effects of financial training on the performance of women owned enterprises in Busia County, examination of the effects of savings on performance of women owned business enterprises ,conceptualization of the effects of social capital on the performance of women owned business enterprises and examine the effects of legal framework on the inclusive business enterprises performance of women owned enterprises in Busia County. The study was guided mainly by the resource - based view theory and institutional theory, among others. The study adopted a descriptive survey research designs while study target population was 500 women owned entrepreneurs in Busia County, Kenya. Stratified random sampling technique was used and the sample size constituted 20% of the total target population thus making a simple size of 100 respondents for this study. The respondents were purposively selected women entrepreneurs, customers of the specific selected microfinance institutions found within Busia county business ecosystem. The questionnaires were used as a tool for primary data collection respectively, both qualitative and quantitative data analysis methodologies were applied by use of spss version 23.0.The study findings revealed that, an increase in credit, finance training, social capital, savings and legal framework by one unit leads to an increase in performance by 0.502, 0.124, 0.081, 0.236, and 0.059 units respectively with a p –value of < 0.05 for each variable. Based on the study findings the researcher can conclude that, women owned enterprises are key drivers to the economic development in Kenya and the study recommends that training program should be emphasized to enhance the financial literacy management for exemplary performance of the enterprises. Savings, social capital, financial training, legal framework and credit services significantly influences performances of women-owned business enterprises. According to the research findings, the frequency of trainings should be increased to keep them abreast with modern methodologies for better performance and financial training programs for women owned business enterprises should be designed to meet the standards needs for women entrepreneurs’ and more so the aspiring new entrants.

EFFECT OF MOBILE BANKING ON PERFORMANCE OF MICROFINANCE BANKS IN KENYA

2020 ◽  
Vol 5 (2) ◽  
pp. 64
Author(s):  
Eunice Wangari Ndirangu ◽  
David Kiragu ◽  
Antony Ngunyi
Keyword(s):  
Target Population ◽  
Cash Transfer ◽  
Primary Data ◽  
P Value ◽  
Unique Contribution ◽  
Mobile Banking ◽  
Telecommunication Services ◽  
Descriptive Research ◽  
Number Of Factors ◽  
Beta Coefficient

Purpose: The purpose of this study was to establish the effect of mobile banking on performance of microfinance banks in Kenya Methodology: The study adopted positivism philosophy approach and descriptive research design was used. The study also used census survey. The target population was the thirteen Microfinance Banks regulated by the Central Bank of Kenya. The questionnaires were self-administered and primary data was collected from the thirteen regulated microfinance banks. The data was analyzed using the Statistical Package for Social Science. Descriptive and inferential statistics were used for preliminary analysis. Factor analysis was conducted to reduce the number of factors and Kaiser Mayer Olkin and Barlett’s test of Sphericity were tested and total variance explained, scree plot and rotated component matrix were drawn. Findings: The findings showed that majority of the respondents were in agreement that it is easy to deposit and withdraw cash, transfer funds, apply loan and check the balance using mobile banking. The hypothesis (H02) findings showed that mobile banking had a significant effect on performance of MFBs. The summary model showed that the R was 0.280 and a R square of 0.078. This implied that mobile banking predicted 7.8% of the performance of MFBs. The ANOVA results showed that F value was 4.940 and a p value of 0.030 which indicates that it was statistically significant. After the T test mobile banking beta coefficient was the regression model was generated Y = 2.841+ 0.271MBA. Unique contribution to theory, practice and policy: The study recommends that MFBs should partner with telecommunication services providers to develop products and services which are customer oriented and easy to use. They should develop strategies on market penetration by creating awareness on the product and services available in the market.

scholarly journals Determinants of Micro-Enterprise Success through Microfinance Institutions: A Capital Mix and Previous Work Experience

2020 ◽  
Vol 21 (2) ◽  
pp. 803-823
Author(s):  
Waseem Ul Hameed ◽  
Hisham Bin Mohammad ◽  
Hanita Binti Kadir Shahar
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Work Experience ◽  
Financial Capital ◽  
Primary Data ◽  
Research Approach ◽  
Capital Social ◽  
Microfinance Institutions ◽  
Enterprise Success

The prime objective of the study is to highlight the role of the capital mix (financial capital, social capital, human capital) on women micro-enterprise success with moderating role of previous work experience. Women owned micro-enterprise success is less as compared to the male owned micro-enterprsie, particularly in Pakistan. Rate of faliure in women micro-enterpeise is more, that is the reason women community is one of the most vulnerable group worldwide. It is evident from literature that less attention has been paid to highlight the importance of three types of capital for women micro-enterprise. To adress this issue, the current study adopted quantitative research approach and based on cross-sectional research design. Primary data was collected by using 5-point Likert scale. Questionnaires were distributed among the owners of women micro-enterprise in Pakistan by using area cluster sampling. SmartPLS 3 was used to analyze the data. It is found that financial capital, social capital and human capital has significant positive relationship with women micro-enterprise success and previous work experience moderates the relationship. Hence, this study contributed by developing a unique framework for women micro-enterprise success. It will be beneficial for practitioners to enhance women micro-enterprise success rate.

scholarly journals EFFECT OF RAILWAY NETWORK INEFFICIENCIES ON BUSINESS OPERATIONS OF TATA CHEMICALS MAGADI, MOMBASA IN KENYA

2016 ◽  
Vol 1 (1) ◽  
pp. 26
Author(s):  
Keponyi Sakimpa ◽  
Dr. Willy M. Muturi ◽  
Dr Mos Otieno
Keyword(s):  
Survey Design ◽  
Target Population ◽  
Primary Data ◽  
P Value ◽  
Railway Network ◽  
Business Operations ◽  
The Government ◽  
Equipment Utilization ◽  
Descriptive Survey ◽  
Managerial Employees

Purpose: The purpose of this study was to investigate the effect of railway network inefficiencies on business operations of Tata chemicals Magadi, Mombasa in Kenya.Methodology: This study adopted a descriptive survey design. The target population of this study was the 450 employees of TATA Chemical Magadi Ltd. The study used a sample of 135 employees. The study employed stratified random sampling to identify the 135 respondents. The strata were those of top management, middle management/supervisors and non-managerial employees. Primary data was used to gather information by use of questionnaires. Information was sorted, coded and input into the statistical package for social sciences (SPSS 20) for production of descriptive and inferential statistics.Results: Results on the analysis of variance showed that the overall model was statistically significant and that the independent variables were good predictors of performance.  This was supported by an F statistic of 71.69 and the reported p value (0.000) which was less than the conventional probability of 0.05significance level. Descriptive results indicated that inefficiencies of Kenya Railway Corporation greatly affect production targets, customer satisfaction, sales targets and equipment utilization in Tata chemicals Magadi Ltd which in turn affects the performance of the company.Unique contribution to theory, practice and policy: The government should allocate additional annual budget to the Kenya Railways Corporation to provide efficient means of transporting freight between cities and towns. Additionally, management of Tata Chemicals Magadi Ltd should exercise stronger leadership to enhance long term planning and disaster management to avoid loss to customers and manage its efficiency.

scholarly journals Effect of Budgeting on Financial Perfomance of Youth Groups Funded by Youth Entreprise Fund in Kapsaret Sub-County, Kenya

2020 ◽  
Vol 9 (3) ◽  
pp. 20-27
Author(s):  
Kevin Otieno Owembi ◽  
Keyword(s):  
Financial Performance ◽  
Research Design ◽  
Sampling Technique ◽  
Target Population ◽  
Test Method ◽  
Primary Data ◽  
P Value ◽  
Chi Square ◽  
Youth Groups ◽  
Ex Post

The study examined the effect of budgeting on financial performance of the Youth Groups at Kapsaret Sub-County. The study sought to answer the following questions; extent of budgeting by the youth groups at Kapsaret sub-county, factors affecting budgeting implementation and financial performance by the Youth Groups at Kapsaret Sub-county and budgeting effects on financial performance by the youth groups at Kapsaret Sub-county. The research design adopted for this study was Ex post-facto research design, the target population was the 82 youth groups being funded by the various financial institutions and YEDF in Kapsaret Sub-County Stratified sampling technique targeting youth groups managers and treasurers of the youth groups was used, 5 stratums were drawn from Kapsaret sub-county and data collected through simple random sampling technique. questionnaires administered to the target population was the source of primary data, Validity of questionnaires was tested using a pilot study on 6 Youth Groups out of the sampled groups and reliability was tested using the test-re-test method, descriptive statistic was used to analyze quantitative data presented through frequency tables, percentages, mean scores and standard deviation, chi-square was used to test the hypothesis. The study finding on the effect of standardized budgeting on financial performance using chi-square with the computed X2 value of 0.610 and the P-Value of 0.435,the study established out that there was no evidence of a relationship between standardized budgeting and financial performance yet on the effect of budgeting on financial performance computed X2 value was16.970 and the P-Value was 0.000, the study established out that there was evidence of a relationship between budgeting and financial performance. The study recommends that there should be effective budget implementation within the various youth groups particularly those funded by the YEDF, more funding should be provided to the youth groups funded by YEDF, more training and seminars to be offered to the youth groups on preparation and implementation of budgets and there should be constant monitoring and evaluation of the youth groups budgets and budgeting system by fund managers over time within the youth groups. Keywords: Budgeting, Financial Perfomance, Youth Entreprise.

scholarly journals Environmental Determinants of Choice of Sustainability Strategies Adopted by Group Ranches in Samburu County, Kenya

2017 ◽  
Vol 6 (3) ◽  
pp. 24-34
Author(s):  
Eustace Njagi Kithumbu ◽  
Julius M. Huho ◽  
Humphrey Omondi
Keyword(s):  
Focus Group ◽  
Regression Coefficient ◽  
Target Population ◽  
Primary Data ◽  
P Value ◽  
Environmental Characteristic ◽  
Environmental Characteristics ◽  
Sustainability Strategies ◽  
Rainfall Patterns ◽  
Descriptive Survey

The group ranch system is one of the best land ownership and livestock production strategies in the dry lands of the world where the potential for rain-fed agriculture is limited. Its sustainability relies greately on choice of sustainability strategies adopted by group ranches. Numerous studies on the establishment of group ranches, their dissolution and coping strategies have been conducted but with less focus on the sustainability of the group ranches.This study attempts to fill the gap. It is against this background that this study investigated environmental characteristics influencing choice of sustainability strategies adopted by group ranches in Samburu County, Kenya. The investigation adopted a descriptive survey research design employing use of Questionnaires, Key Informant Interviews, Focus Group Discussions and observation as primary data collection methods.The target population for the study was the 16,611 registered members in 38 group ranches spread out in the County. The study sampled 12 group ranches with approximately 5,643 members from which 374 respondents were systematically sampled. Purposive sampling was used to select Key Informants and the participants in the Focus Group Discussions.The study employed Multi-linear Regression to analyse environmental characteristics determining choice of sustainability strategies. The Analysis of Variance (ANOVA) was used to test the hypothesis and p-value of 0.00 was obtained, indicating that environmental characteristics (rainfall patterns, droughts, temperatures, diseases and floods) significantly influenced choice of sustainability strategies adopted by group ranches in the County. Overall, rainfall patterns were the predominating environmental characteristic with a regression coefficient of 0.317 while diseases had the least influence on choice of sustainability strategies adopted by group ranches in Samburu County, with a regression coefficient of 0.029. The study recommended integration of environmental characteristics in formulating policies for sustainability of group ranches.

EFFECT OF AGENCY BANKING ON PERFORMANCE OF MICROFINANCE BANKS IN KENYA

2020 ◽  
Vol 5 (2) ◽  
pp. 50
Author(s):  
Eunice Wangari Ndirangu ◽  
David Kiragu ◽  
Antony Ngunyi ◽  
Mohamed Shano
Keyword(s):  
Rural Areas ◽  
Target Population ◽  
Primary Data ◽  
P Value ◽  
Unique Contribution ◽  
Data Set ◽  
Record Keeping ◽  
Customer Care ◽  
The Government ◽  
And Performance

Purpose: The purpose of this study was to establish the effect of agency banking on performance of microfinance banks in Kenya Materials and Methods: The study adopted positivism philosophy approach and descriptive research design was used. The study also used census survey. The target population was the thirteen Microfinance Banks regulated by the Central Bank of Kenya. The questionnaires were self-administered and primary data was collected from the thirteen regulated microfinance banks. The data was analyzed using the Statistical Package for Social Science. Descriptive and inferential statistics were used for preliminary analysis. Factor analysis was conducted to reduce the number of factors and Kaiser Mayer Olkin and Barlett’s test of Sphericity were tested and total variance explained, scree plot and rotated component matrix were drawn. Findings: The descriptive statistics findings disclosed that agency banking has a positive effect on performance of MFBs. This was shown by 71.7% of the respondents were in agreement that agency banking influence the performance of MFBs. The findings showed that the relationship between agency and performance was p value was 0.018 and F test of 5.908 showing that the model was statistically significant for the data set. The coefficient table showed that the equation was Y = 2.680 + 0.355AGB. The findings denoted that agency banking has a moderate relationship with performance of MFBs. The MFBs are using agency banking to grow their businesses thus generating profits and capital gain. Unique contribution to theory, practice and policy: The study recommends that MFBs should open more agents especially in the rural areas to facilitate population access near services. In addition, the management team and the policy makers should ensure that policies are elaborated to protect the customers from fraud and also exploitation by the business owners due to higher transaction cost and the business operating the agents should be trained on fraud policies because it is affecting many customers. The government and the MFBs should ensure all those operating the agents are well trained on record keeping, managing of funds, and customer care.

INFLUENCE OF SUPPLIER COMPETENCE ON THE PERFORMANCE OF STATE CORPORATIONS IN KENYA

2017 ◽  
Vol 1 (3) ◽  
pp. 97
Author(s):  
Elizabeth Wangu Wachiuri ◽  
Dr. Esther Waiganjo ◽  
Dr. Noor Ismail ◽  
Prof. Romanus Odhiambo
Keyword(s):  
Survey Design ◽  
Reliability And Validity ◽  
Target Population ◽  
Primary Data ◽  
P Value ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Significance Level ◽  
Qualitative Approaches ◽  
The One

Purpose: The purpose of this study was to determine the influence of supplier competence on the performance of state corporations in KenyaMethodology: The study adopted cross-sectional survey design using both quantitative and qualitative approaches. The target population was all the 187 state corporations in Kenya. The study employed a census approach. Primary data was collected using questionnaires. A pilot study was conducted to measure the research instruments reliability and validity. Descriptive statistics were used aided by Statistical Packages for Social Sciences version 24 to compute percentages of respondents’ answers. Inferential statistics using linear regression and correlation analysis were applied to assist examining relationship between the research variables. The results were presented using tables and graphs.Results: The findings revealed that supplier competence explained 44.1 % of the total variations in performance of state corporations in Kenya. Further, the results indicated that the overall model was statistically significant as supported by a p value of 0.000. This was supported by an F statistic of 111.904 and the reported p value (0.000) which was less than the conventional probability of 0.05 significance level. In addition, the findings show that there is a positive and significant relationship between supplier competence and performance of state corporations in Kenya as supported by a p value of 0.000 and a beta coefficient of (0.903). This implies that an increase in supplier competence by 1 unit would increase the performance of state corporations by 0.903units.Unique contribution to theory, practice and policy:  Based on the findings, the study recommended that suppliers should develop competent technical abilities so as to provide high quality products or services. Some of the technical dimensions that suppliers should develop competence in include; compliance with quantity, compliance with due date, compliance with packaging standard, production planning systems of suppliers, and maintenance activities of suppliers, plant layout and material. It’s also recommended that state corporations in Kenya should check frequently if supplier organisation is abreast with the newer information technology developments as technology is very dynamic and changes regularly as the technology that was used in the past is not the one we using now and it will not be the one we will use tomorrow.

scholarly journals Influence of Training Strategy on Growth of Small and Micro Enterprises in Kenya: A Case of Women Enterprise Fund

2019 ◽  
pp. 1-13
Author(s):  
Tom Ongesa Nyamboga ◽  
Edwin Odhuno ◽  
Walter Okibo Bichanga
Keyword(s):  
Simple Random Sampling ◽  
Target Population ◽  
Primary Data ◽  
P Value ◽  
Cluster Sampling ◽  
Group Leaders ◽  
Business Skills ◽  
Training Strategy ◽  
The Government ◽  
Micro Enterprises

The government of Kenya established Women Enterprise Fund to enhance the growth of Small and Micro Enterprises in the country through its training strategy. The purpose of this study was to establish the influence of training strategy on growth of SMEs in Kenya. This research used a descriptive survey based design. The study’s target population was composed of group leaders’ beneficiaries of Constituency Women Enterprise Scheme. Both cluster sampling and simple random sampling were used to select a sample size of 335 respondents. Quantitative primary data was collected by use of structured questionnaires. The data collected was analyzed according to research objectives. The study utilized both descriptive statistics and inferential statistics to analyze data. Both ANONA and Regression Analysis were computed to assess the correlation between the variables. The findings of the study established that majority of clients had acquired relevant business skills. The training was given to most clients on a regular basis and enabled them to operate their SMEs more effectively. ANOVA results showed a correlation between training strategy and growth of SMEs since the calculated P value 0.001 was less than the critical value 0.005. The study therefore established a positive relationship between training strategy and growth of SMEs. The findings of this study will help the government of Kenya to formulate training strategies that would boost the growth of SMEs in the whole country. The study recommends the government to provide frequent training to all SMEs in the country to make them more efficient and effective.

scholarly journals Police Victimization and Insecurity in Mathare North Nairobi City County, Kenya

2021 ◽  
Vol 5 (4) ◽  
pp. 52-63
Author(s):  
Jairus Mutinda Kilatya ◽  
Cyprian Kavivya
Keyword(s):  
Low Income ◽  
Police Officers ◽  
Regression Coefficient ◽  
Target Population ◽  
Government Support ◽  
Primary Data ◽  
P Value ◽  
Exploratory Research ◽  
The Government ◽  
Positive Effect

Police victimization is one of the growing cases in Kenya. There are reported cases of police being subjected to beatings and assault by citizens particularly in the low-income areas in Nairobi. Most of these reported cases have been traced to police actions, perceptions of community towards the police and even inadequate resources that the police use. These in turn affect the security situation. It is upon this backdrop that this study envisaged to scrutinize police victimization and security in Mathare North, Nairobi City County. The specific objectives of the research were; to examine the categories of police victimization and their implications on security in Mathare North, to analyze the causes of police victimization and their implications on security in Mathare North, and to evaluate the state of security in Mathare North and how it could be related to police victimization. The life style theory of victimization was used in the research. An exploratory research design based on primary data method was relied on in the study. In conducting this research, the target population was 321 police officers in Mathare North, Nairobi City County comprising of the 147 General Duty Police, 101 traffic police and 73 Administration Police. A sample size of 97police officers was selected from the target populace of Mathare North, Nairobi City County. Data collection was done through the use of questionnaires while the analysis employing descriptive and content analysis. The test for reliability showed that the variables used were reliable (Cronbach alpha was 0.759). The outcome from the study revealed that killings of the police was the main form of police victimization as shown by mean of 3.9829, followed by intimidation of police with mean of 3.7358 and assaults with mean of 3.6470. Sixty-three (63) respondents duly filled the questionnaires representing 64 percent of the total respondents. The findings revealed that the main causes of police victimization were proliferation of illegal firearms among civilians, lack of adherence to the justice system, corruption in the police, human rights violations and lack of public trust in the police. The findings revealed further that government support was necessary and influenced the relationship between police victimization and insecurity in Mathare North as shown by mean of 3.7437. The respondents agreed at mean of 3.7426 that police victimization negatively affect the security of Mathare North. A correlation test was also done and revealed that police killings, assaults on police and intimidation of police were significantly and positively correlated with insecurity based on their correlation coefficients of 0.476, 0.512 and 0.495 respectively. A regression analysis was also carried out and from the findings; police killings had a significant and positive effect on the insecurity of Mathare North with regression coefficient being 0.899 and p value of 0.006. Assault on the police had a significant and positive effect on insecurity of Mathare North as shown by regression coefficient of 1.020 and p value of 0.001. Intimidation of police had a positive and significant effect on the insecurity of Mathare North with a regression coefficient of 0.894 and p value of 0.004. The study recommends that the government should strengthen collaboration between the National Police Service and civilians in Mathare North to prevent cases of insecurity arising from police victimization. The study further recommends that the government must improve on its support in terms of equipment’s to the police in the area so that they can be able to defend themselves while maintaining the security in Mathare. Future studies should focus on other low-income settlements in Nairobi and major towns in Kenya.

scholarly journals Promoting Performance of the Building Construction Industry through Risk Identification: A Case of Exchequer Funded Building Construction Projects in Machakos County, Kenya

2020 ◽  
Vol 5 (6) ◽  
Author(s):  
John Malu Nzioki ◽  
Mary Nyawira Mwenda
Keyword(s):  
Construction Projects ◽  
Management Practices ◽  
Target Population ◽  
Risk Identification ◽  
Building Construction ◽  
Primary Data ◽  
P Value ◽  
County Governments ◽  
Level Of Significance ◽  
Descriptive Survey

Project failure is an increasingly worrying challenge in Kenya. In implementation of exchequer funded building construction projects, the challenge is real. The study examined the influence of risk management practices on the performance of exchequer funded building construction projects in Machakos County. Little research has been conducted on risk identification and its influence on performance of exchequer funded building construction in Machakos County, this study intended to on build onto the already existing body of knowledge. The study was informed by Agency theory and it employed a descriptive survey research design. The target population was 585 National Construction Authority registered contractors and sample size was 232 respondents. In this case the sample selected is deemed to be representative enough of the whole population and therefore valid and genuine generalizations can be made. Methodology involved in collection and analysis of primary data. Descriptive and inferential statistics were used to analyze data. Quantitative data was tabulated and analyzed using frequencies, percentages, means and standard deviation. Test statistics computed to establish degree of relationship between the variables was Fisher test. The findings depict that risk identification leads to the performance of exchequer funded building construction Projects by factor of 0.237 with P values of 0.008. At 5% level of significance and 95% level of confidence, this is statistically significant as the P-Value is lower than 0.05. The results for testing the hypothesis were (P=0.008<0.05)as the P-Value is lower than 0.05. The study therefore rejects the null hypothesis. The study concludes that there is significant positive relationship between that risk identification leads to the performance of exchequer funded building construction Projects. Further research can be done to assess the risk identification in other county governments and national government projects in Kenya and other countries in order to establish whether the explored factors can be generalized to influence the performance of exchequer funded building construction Projects. The findings of this paper will be used to serve as a longer-term safeguard against risks in construction of buildings in Kenya.

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