| dc.description.abstract | The purpose of this study was to assess the factors influencing access to credit in the
renewable energy sector: the case of biogas in Kenya. The study was guided by the
following research question: what are the factors influencing credit access for firms in
the biogas sub sector in Kenya.
The research design was descriptive survey study in nature since it focused on more
than one firm and it also focused on the status quo, in addition to describing the level
of access by firms in renewable sector in Kenya. The target population of the study
was the firms in biogas sub sector in Kenya. A sample of 48 firms was selected from
all the firms using the random sampling technique and 40 of them responded
satisfactorily. Both qualitative and quantitative data was collected using a
questionnaire that consisted of both open ended and close ended questions. Data was
analyzed using Statistical Package for Social Sciences (SPSS) and results presented in
frequency tables to show how the responses for the various questions posed to the
respondents. The data was then analyzed in terms of descriptive statistics like
frequencies, means and percentages.
Results from the study indicated that several factors determined the access of credit
by the firms. These factors include age of firm, capital invested, size of the business,
financial records, risk preference and access to information. All factors had a
significant effect on access to credit and hence indicated that there was a low level of
access to credit.
The study concludes that firms in biogas sub sector had low access to credit from the
banks. It was also possible to conclude that age of firm, capital invested, size of the
business, financial records, risk preference and access to information influence the
level of access to credit by renewable energy sector firms.
The study recommended for regulatory policies that are BCE or small enterprises
friendly including creation of credit information and training centers. Banks should
customize biogas loan products that suit BCE's needs. BCEs should be encouraged to
form bid to guarante.: each other when there is need to secure business loans. | en_US |
