The Influence Of Table Banking In Enhancing Socio Economic Status Of Women: A Case Study In Mogotio Sub County In Baringo County, Kenya

Abstract

The Kenyan economy, like all developing economies, has about half of its population being women and mostly found in the rural areas. This population has not been sufficiently supplied with financial services and therefore their Socio economic status has remained very low. The need to extend financial services to women rural communities in Kenya has led to the birth of table banking groups. These groups targets low-income clients through the provision of small loans and other facilities like savings, transferring services to poor low-income household and microenterprises. In Mogotio Sub county, Baringo County, there are women groups who have embraced table banking. The main objectives of the study will be, to establish the extent to which accessibility of credit through table banking influence socio economic status of women, to determine the influence of credit interest by table banking on socio economic status of women, to determine the influence of savings done through table banking on socio economic status of women. A descriptive research design will be employed and 1698 Table Banking Group members in Mogotio sub County, Baringo County will comprise the target population. A sample of 324 respondents will be drawn using stratified random sampling technique. Primary data collection methods will be used. Data will be collected through self-administered questionnaires. Data will be analysed using descriptive statistics and results presented in tables and charts.