Author: Jennefer Sebstad
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description

Author: Kenya Rural Enterprise Programme
Publisher:
ISBN:
Category : Industrial promotion
Languages : en
Pages :

Get Book Here

Book Description

Author: J. M. Musinga
Publisher:
ISBN:
Category : Development credit corporations
Languages : en
Pages : 74

Get Book Here

Book Description

Author: Tristi Carlen Nichols
Publisher:
ISBN:
Category : Karatina (Kenya)
Languages : en
Pages : 570

Get Book Here

Book Description

Author: Peter Berachesebe Kibas
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 334

Get Book Here

Book Description
The purpose of this study was to determine the use and impact of non-governmental organization's (NGOs) loans on microenterprises in Kenya. The study also identified barriers perceived to be hindering microenterprises from growing. This was an exploratory naturalistic type of inquiry. The results were obtained through structured interviews and observations of microenterprises which had obtained loans. Thirty-five entrepreneurs were interviewed, 16 from the Manufacturing Sector, 9 from the Service Sector, and 10 from the Trade Sector. The population consisted of about 1,000 microenterprises who were active members of the Juhudi Credit Scheme in Eldoret. Data for this study was analyzed by using content analysis. The responses were summarized under common themes and presented in form of tables, percentages and frequencies. The findings indicated that the loans were mainly applied in the following areas: reinvested in the businesses, invested in new enterprises, and diverted to household use. The respondents reinvested most of their first loans in the businesses and used increasing proportions of the second and third loans in creating new enterprises. The proportions of the second and third loans utilized in creating new enterprises increased in all the three sectors while the proportion reinvested in the businesses decreased. As a result of the loans, respondents indicated improvement in their sales, profits, assets, cash flow, management practices, and family welfare. New jobs and linkages with other organizations had also been created. Most of the jobs including apprenticeships, were created in the Manufacturing Sector. The NGO loans did not appear to have assisted the microenterprises to grow vertically and become small scale enterprises. However, the loans did assist them to grow horizontally. Most respondents had become more entrepreneurial in starting new enterprises and in diversifying their businesses. Barriers which affected the growth of microenterprises during the loan period included: lack of sufficient working capital, insufficient managerial and technical skills, lack of suitable premises, economic uncertainty, lack of equipment, and domestic issues. Various strategies adapted to overcome some of these barriers included: borrowing additional funds, subcontracting services, diversifying business activities, renting tools and equipment, and making sales on cash basis.

Author: Albert Kimanthi Mutua
Publisher:
ISBN:
Category : Commercial loans
Languages : en
Pages : 34

Get Book Here

Book Description
Discusses how business practices used by Grameen Bank to help finance poor small business owners in Bangladesh might be adapted to help small business owners in Kenya.

Author: Peter Kimuyu
Publisher:
ISBN:
Category : Profit
Languages : en
Pages : 36

Get Book Here

Book Description

Author: United States. Congress. House. Select Committee on Hunger
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 130

Get Book Here

Book Description

Author: Peter Kimuyu
Publisher:
ISBN:
Category : Commercial credit
Languages : en
Pages : 56

Get Book Here

Book Description

Author: Al Mamun, Abdullah
Publisher: IGI Global
ISBN: 1522584749
Category : Business & Economics
Languages : en
Pages : 225

Get Book Here

Book Description
Developing nations currently utilize various methods and practices used in most entrepreneurial activities. Manipulating these processes to work in a categorically low-income area, however, can be challenging. Micro-Entrepreneurship and Micro-Enterprise Development in Malaysia: Emerging Research and Opportunities provides emerging research exploring the theoretical and practical aspects of entrepreneurial promotional programs and applications within global economics. Featuring coverage on a broad range of topics such as emerging economics, organizational development, and gender diversity, this book is ideally designed for entrepreneurs, policymakers, governmental and non-governmental organizations, business professionals, academics, researchers, and students seeking current research on improving the socio-economic condition of low-income households through various entrepreneurial activities.