Downloads: 129
Research Paper | Management | Kenya | Volume 3 Issue 6, June 2014
The Effect of MFI credit on Revenue of SMEs; Survey of Small Medium Enterprises in Nakuru Town
Michael Kuria Mbogo
Abstract: SMEs sector is the source of income for 8 million people who represent the majority of working Kenyans. Despite their large contribution in development and economic performance they are mainly inhibited by access of finance. Large commercial institutions have failed to serve the SMEs in both urban and rural communities. They perceive them as lacking the ability to provide the quality services and are unable to satisfy more critical projects. Given the importance of small businesses to the Kenyan economy and the exposure to risks owing to their size; there was need to conduct an empirical enquiry to investigate the effect of MFI on performance of SMEs in Nakuru District face. The study used both quantitative and qualitative data. Primary data was collected through observation and structured questionnaires. The population was 700 SMEs in Nakuru District. Out of this a sample 248 SMEs was selected on basis of Krejcie method of determining sample size. These were categorised into two the SMEs that receive credit from MFI and those that do not. Frequency tables and graphs were used to display the results. The study recommends that SMEs should exploit the opportunity of obtaining MFI credit so that it can boost their revenue growth.
Keywords: Small Medium Enterprises
Edition: Volume 3 Issue 6, June 2014,
Pages: 94 - 98
Similar Articles with Keyword 'Small'
Downloads: 136
Research Paper, Management, Mexico, Volume 4 Issue 11, November 2015
Pages: 635 - 644Empirical Study of the Top Management, their Skills and Abilities Case: Firms in Cuernavaca, Morelos. Mexico
Augusto Renato Perez Mayo PhD | Jose Alberto Hernandez Aguilar PhD | Luz Stella Vallejo Trujillo PhD
Downloads: 0
Review Papers, Management, India, Volume 11 Issue 9, September 2022
Pages: 1161 - 1165Is there a Difference between Product and Brand with Special Reference to Case Study on "Maharaja Agarbatti"
Jessica Menezes | Dr. Vidya Hattangadi [2]