dc.description.abstract | The Youth Enterprise Development Fund (YEDF) was established in Kenya in 2006 with the
aim of assisting the youth enterprises access capital to start up their own businesses or support
existing ones. The purpose of this study was to establish the factors that influence accessibility of
the Youth Enterprise Development Fund in Mirangine Sub County, Nyandarua County in Kenya.
The objectives of the study were to determine the influence of youth training in financial
management, youth attitude towards entrepreneurship, group dynamics and funds disbursement
procedures on the accessibility of YEDF. The descriptive survey research design was employed
in this study. The target population of the study was the youth in Mirangine Sub County and who
belong to youth groups, those that have benefitted from the fund and those that have not. There
were a total of ten registered youth groups with a total youth membership of 90. The study
sought the participation of all the members of the registered youth groups and therefore 90
respondents were issued with questionnaires, which was the tool used to collect data in this
study. Descriptive statistics were used to analyze the data and presented using frequency tables
and percentages. The results of the study showed that the factors that influence accessibility of
YEDF were training in financial management, youth attitude towards entrepreneurship, group
dynamics and the disbursement procedures.The study recommends that the youth need to be
trained in financial management before and after receiving the funds. The application procedures
also need to be made more friendly in order to encourage the youth to apply for the funds and to
receive them in good time. A lot more sensitization needs to be done in order to bring more
women into the groups in order for them also to enjoy the benefits of the youth fund. | en_US |