The influence of access to credit on growth of women-owned micro and small enterprises in Kitui County, Kenya
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Date
2015-06Author
Mbiti, Florence M
Mukulu, Elegwa
Mung’atu, Joseph
Kyalo, Dorothy
Type
ArticleLanguage
enMetadata
Show full item recordAbstract
for development. The importance of women MSEs in social and economic development has long been
recognized by the International Labour Organization. Growth of Micro and Small Enterprise means increase
in sales, profits, employees, production and service lines. This paper examined access to credit influence the
growth of women owned micro and small scale enterprises in rural areas of Kitui County. The study used
descriptive survey as the research design involving a target population of 390 women owned MSEs drawn
from manufacturing, agriculture, commerce and services sectors. Proportionate stratified sampling was used
to form a sample of 194. Simple random sampling was applied on the sample to select the respondents from
each sector for the study. The research instruments were pre – tested questionnaire and observation guide
and data analysis was done using descriptive and inferential statistics. The results suggested that access to
credit positively influenced the growth women- owned MSEs. The study recommended for review of the
lending policies; the laws pertaining to land ownership, inheritance, women and men rights and for training,
mentoring and encouraging women to form business networks. A baseline survey capturing the dynamic
growth in the MSE sector in each County should be conducted.
Citation
Mbiti, F. M., Mukulu, E., Mung’atu, J., & Kyalo, D. (2015). The Influence of Access to Credit on Growth of Women-Owned Micro and Small Enterprises in Kitui County, Kenya. Public Policy and Administration, 3(1), 61-70.Publisher
University of Nairobi