dc.contributor.author | Mboya, Doughty A | |
dc.date.accessioned | 2013-11-20T10:25:10Z | |
dc.date.available | 2013-11-20T10:25:10Z | |
dc.date.issued | 2013-10 | |
dc.identifier.citation | Degree Of Masters In Business Administration,university Of Nairobi, 2013 | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/59595 | |
dc.description.abstract | This research project explores the effect of Microfinance innovations on access to
finance by SMEs in Kenya. The study sought to establish the innovative products
available for SMEs to access finance from MFIs and the relationship between
microfinance innovations and access to finance by SMEs. A sample of 4 DTMs was
surveyed out of the 9 DTMs registered by AMFI as per 2011 report. The data was
collected from AMFI reports and the concerned DTM reports .Data was analysed
using descriptive statistics and SPSS. The study found that Microfinance innovative
products are positively correlated to access to finance by SMEs that is the analysis of
the data confirmed that innovative loan products, saving products and location
innovation have improved access to finance by SME. The study also found out that
the 4 DTMs have introduced a wide range of innovations in the past 4years; these
innovations include product innovation (savings and loans), marketing innovations,
micro insurance and location innovation. One of the major problems of Small and
Medium Enterprises is lack of start-up or operating capital. To ensure that access to
finance to SMEs is improved Government and MFIs themselves should enhance the
out-reach of microfinance through creating awareness of the products/ activities and
operations to SMEs especially those in rural and semi-urban areas that are yet to
appreciate the benefits that are available to them. More so, the expansion of MFIs
through the establishment of rural branches is an imperative for increase access to
MFIs service | en |
dc.language.iso | en | en |
dc.publisher | University of Nairobi, | en |
dc.title | Effects of microfinance innovations on access to finance by small and medium enterprises in Kenya:A case of microfinance institutions in Kenya | en |
dc.type | Thesis | en |
local.publisher | School of business, | en |