| dc.description.abstract | This study investigated the role of microfinance in improving the wellbeing of the disabled living in informal settlements. 1 he focus was on the micro-finance services which included micro-savings, micro-credit, micro-insurance and business training. There was need to conduct this study to determine the effectiveness of micrnfmance in economic empowerment of the disabled poor by assessing the activities that have utilized loans from APDK. to enhance their existing socio-economic conditions. I’his study, thus, attempted to identify and inform on micrufinancc strategies that can he successfully utilized to have a lasting positive impact in combating poverty.
I lie study was conducted by way of case study on APDK. I lie study is a descriptive research conducted using both the qualitative and quantitative research methods. Data collection tools included questionnaires and interview guide. In data analysis, data from the questionnaires was coded and analyzed through (be Statistical Package for Social Scientists (SPSS).
lire findings of the study were that 100% of the respondents expressed their satisfaction with the microfinancc (micro credit) services. X3% of the respondents used their loans in expanding their existing business. Most of the businesses (91%) are run by the owners. It is about nine percent businesses where there arc two employees. All the same, employment opportunities liavc been created hy the loun recipients.
Recommendations include adequate and liinely consultations before implementation of major policy changes that affect microcrcdit services. Unhunccmcnt of financial resources and structures that encourage consultation should he prioritized.
In addition, a formal comparative study involving the disabled poor in microfinance program and those not in the program should he carried out to hilly determine the effect of microfinancc as an instrument of poverty reduction und wellbeing improvement to the vulnerable poor | en_US |
