International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064

Influence of Microfinance Services on the Growth of Women Owned Enterprises in Bondo Town, Kenya

Quenter Adhiambo, Dr. Ofwa Joanes Otieno Wu'Adongo, Dr. Michael Nyagol

Abstract: The objective of the study was to determine the influence of micro-credit services on the growth of women owned business enterprises. The study was guided by Pecking Order Theory as well as Theory of Capital Structure. The study adopted a descriptive research design. The study target population was 106 registered women entrepreneurs operating in Bondo town, Siaya County. The sample size for this study was 83 respondents determined by Yamane (1967), selected using stratified random sampling technique. Data in this study was collected using questionnaires. The data collected was analysed using descriptive and inferential statistics. Regression analysis was used to show the correlation and strength of the relationship between variables both independent and dependent. Data was presented using frequency tables. The study revealed a strong positive correlation (r = 0.863) which was statistically significant as p

Keywords: Microfinance institutions, women owned business enterprises and Micro-credit Service

How to Cite?: Quenter Adhiambo, Dr. Ofwa Joanes Otieno Wu'Adongo, Dr. Michael Nyagol, "Influence of Microfinance Services on the Growth of Women Owned Enterprises in Bondo Town, Kenya", Volume 9 Issue 11, November 2020, International Journal of Science and Research (IJSR), Pages: 203-208, https://www.ijsr.net/getabstract.php?paperid=SR201019131054, DOI: https://dx.doi.org/10.21275/SR201019131054

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