Effects Of Table Banking On Performance Of Micro, Small And Medium Enterprises (Msmes) In Kiambu County
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Date
2019Author
Nyokabi, Wachira Christine
Type
ThesisLanguage
enMetadata
Show full item recordAbstract
Considering critical role of financing, entrepreneurs have resolved to informal financing following
the challenge of not being able to access credits from the formal financial institutions. Among the key
reasons, why entrepreneurs are resolving to use informal financing option is financial
independence. Most of the informal financing options are more convenient to the local women
entrepreneurs as opposed to the formal financing options. This study assessed the effectiveness
of table banking on the performance of Micro, small and medium enterprises in Kiambu County,
Kenya. The study objectives sought to investigate the effect of table banking on the growth as
well as the performance of MSMEs as well as explore the determinants of performance of
MSMEs. A sample of 381 individuals from table financial gatherings was chosen utilizing basic
arbitrary examining technique. Information was gathered utilizing an organized specialist
regulated poll and examined utilizing SPSS programming applying illustrative and inferential
procedures. Discoveries show that larger part of people running MSMEs in Kiambu County are
matured 26 – 45 years and are genuinely knowledgeable. Business people are pushed to join
groups practicing table banking to empower them spare, raise business capital, to stay away from
restrictive prerequisites and methodology in formal monetary foundations and put something
aside for their family's needs. Performance of MSMEs was found to be determined by social
capital, access to capital and market linkages though by varied strengths. The study, therefore,
recommends that the business people ought to oversee and run their social networks expertly to
make them a wellspring of incredible help to their MSMEs as far as source of capital and
business thoughts, entrepreneurs to have regular training on entrepreneurship, management skills
and marketing, and that the government through relevant agencies and development partners
should plan to fortify groups’ practicing table banking life span through imperative
approaches/policies and administrative/regulatory structures.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
- School of Business [1547]
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