The Effect Of Micro Credit In Improving The Living Standards Of The Poor People In Tharaka Nithi County

Abstract

This research study has analyzed the effect of micro credit in improving the living standards of the poor people in Tharaka Nithi County. Chapter one gave an introduction to the microcredit services, the problem that this research project tends to focus on and also the value of the research study. It identifies the effect of micro credit in the improvement of living standards of poor people in Tharaka Nithi County. Chapter two has analyzed the literature review which explains the various theories on micro credit services and also studies which have been carried out. Chapter three exhibited the research methodology that is used in carrying out the research study where the collection of data from the respondents has been carried out using questionnaires. Chapter four then analyzed the findings of the data as it was collected from the respondents in the field where the solutions of this study were found and these should be implemented. It helped in the drawing of conclusions in the last chapter. Chapter five is thus the conclusions of the study and the recommended policy actions to be undertaken. From the study`s findings, the study showed that provision of loan facilities and acquiring the necessary skills on how to manage the funds to generate extra income and gain profits serves as a way to improve living standards in the study area.