School of Business and Economicshttp://ir.mu.ac.ke:8080/jspui/handle/123456789/622024-03-29T15:57:29Z2024-03-29T15:57:29ZEffects of credit training skills on sales performance among women entrepreneurs in Elgeiyo Marakwet County, KenyaKimwolo, A.K.Saina, C.K.Cheserek, G.J.http://ir.mu.ac.ke:8080/jspui/handle/123456789/89292024-03-11T12:40:43Z2012-12-01T00:00:00ZEffects of credit training skills on sales performance among women entrepreneurs in Elgeiyo Marakwet County, Kenya
Kimwolo, A.K.; Saina, C.K.; Cheserek, G.J.
This research study sought to evaluate the effectiveness of Kenya Women Finance Trust (KWFT) training skills on sales performance of women micro-enterprises in Iten town, Elgeiyo Marakwet in Kenya. The research objectives were; to identify the effectiveness of KWFT credit training skills on sales performance of women micro-enterprises; and to examine the effectiveness of financial skills on the performance of micro-enterprises. Relevant literature on training and women micro-enterprises was reviewed. The study was guided by social capital theory identified by Chibber A. (2000) as being the value of social networks, bonding and bridging between diverse people with norms of reciprocity. The study adopted descriptive survey research design. The research instruments used were questionnaires and interviews. The instruments were developed and piloted before they were used. The study population comprised of ninety six women entrepreneurs. A sample size of thirty two women entrepreneur's respondents that represented 30% of the target population were selected through simple random sampling procedure. The data collected was analyzed using descriptive statistics; mean scores, percentages pie-charts, histogram and tables. The findings show credit skills are pertinent to borrowing for any micro-enterprises, women micro-enterprises increased greatly with knowledge on credit skills, marketing and financial skills offered by KWFT institution. The importance of planning and management skills is strongly emphasized by the study. The study recommends emphasis on methods of training and integrating the intervening variables that influence training outcomes given to women entrepreneurs in Elgeiyo Marakwet County. The findings of this study provides useful knowledge to KWFT policy makers, contributes knowledge on the role of women in micro-enterprises, knowledge to scholars and researchers in the field of micro-enterprises and assists governments in formulating economic policies particularly in regard to challenges facing women micro-enterprises.
2012-12-01T00:00:00ZDoes self-control moderate financial literacy and savings behavior relationship? A case of micro and small enterprise ownersMpaata, EvaKoske, NaomySaina, Ernesthttp://ir.mu.ac.ke:8080/jspui/handle/123456789/88862024-03-01T07:22:27Z2021-09-01T00:00:00ZDoes self-control moderate financial literacy and savings behavior relationship? A case of micro and small enterprise owners
Mpaata, Eva; Koske, Naomy; Saina, Ernest
It is vital to understand Saving Behavior at an individual level, since an individual member of society initiates capital accumulation / mobilization. Micro and Small Enterprises (MSEs) have been provided credit facilities solely as a source of financing for a long time, but there has been increasing concern lately that MSEs require not only credit but also savings that have risen to the top of the financial services for this market. Micro and small business owners, however, often struggle to save, even if they have surpluses. This is attributed to the lack of incorporation of cognitive factors, financial indiscipline and lack of vision. This study examines the moderating effect of self-control on the relationship between financial literacy and saving behavior using cross-sectional data from 395 micro and small business owners in Kampala, Uganda.The study used a quantitative, positivist research approach. Process macro was used as a statistical tool for analyzing the data gathered using a questionnaire. The study was guided by the social cognitive theory. Results indicate that both financial literacy and self-control significantly predict saving behavior. Besides, the relationship between financial literacy and saving behavior is moderated by self-control. Furthermore, the findings suggest that individuals with low self-control require a lot of financial literacy in order to have a positive effect on their savings behavior relative to those with high self-control because even though they go through financial literacy training, its effect on savings behavior would be negligible. This means that first evaluation of their self-control levels is required before individuals are taken for financial literacy training. Therefore it is advised to determine the self-control of an individual before they are taken for training in financial literacy.
2021-09-01T00:00:00ZIncome inequality and Economic Growth in KenyaChemwok, Christopher KiprutoSiele, RichardSaina, Ernest Khttp://ir.mu.ac.ke:8080/jspui/handle/123456789/88852024-03-01T07:11:15Z2023-01-01T00:00:00ZIncome inequality and Economic Growth in Kenya
Chemwok, Christopher Kipruto; Siele, Richard; Saina, Ernest K
Kenya aimed to achieve an economic growth of 10% annually by the year 2012. However, the 10% economic
growth rate has not been achieved as at the end of the year 2022. This is an indication that the economic
growth rate has been lagging the target for the vision 2030. The gap between the richest and poorest has
reached extreme levels in Kenya. Less than 0.1% of the population owns more wealth than the bottom
99.9%. The findings of this research indicate high levels of income disparity are affecting the economyʹs
growth process as well as contributing to the rise in poverty. The increase in economic growth has the
tendency to lessen income inequality after a certain point. The process of changing a countryʹs economy
from an agrarian society to an industrial society was responsible for the significant income inequality
during the early stages of economic expansion. Kuznets also highlighted the fundamental adjustments
made in economic growth. A negative relationship was observed which meant that a rise in income
inequality would have a deteriorating effect on economic growth. This study therefore recommends that
Kenya should devise appropriate measures such as deregulating the economy, setting up strong and
accountable institutions to ensure the principle of equity is observed in the allocation and distribution of
resources. This can be made possible through development of inclusive political and economic institutions
that would promote the principle of equity as enshrined in the constitution of Kenya.
2023-01-01T00:00:00ZEffects of Socio-Cultural Factors on Use of Technology in Smallholder Dairy Commercialization Projects in Transnzoia County, KenyaOyato, John O.Werunga Kikechi, RonaldOnsando, PatrickMbotela, Khisahttp://ir.mu.ac.ke:8080/jspui/handle/123456789/88232024-02-20T07:41:56Z2019-02-01T00:00:00ZEffects of Socio-Cultural Factors on Use of Technology in Smallholder Dairy Commercialization Projects in Transnzoia County, Kenya
Oyato, John O.; Werunga Kikechi, Ronald; Onsando, Patrick; Mbotela, Khisa
In response to population growth, diminishing income and increased land sub-division, the demand for livestock products, such as milk is growing in Trans-Nzoia County. The growing demand offers opportunities for smallholders to realize better income hence improved livelihoods. Whereas the growing demand for milk is widely recognized, the dairy sector has not been able to produce adequate milk to satisfy this demand, mainly due to low production and productivity of milk. Most development projects are directed to the smallholder farmers with a populace of 75-80% of the Agricultural Sector in the country to re-direct their energies to help change livelihoods. Projects and/or programmes have been used based on the identified needs in different approaches fill the gap to increase milk production and productivity by use of new and tested technologies. There was likelihood of low use oftechnologies (Smallholder Dairy Commercialization Project (SDCP) report 2016). The overall objective of this study was to look into the effects of socio-cultural factors on use of technology in smallholder dairy commercialization projects among smallholder dairy farmers in Trans Nzoia County, Kenya. It was designed to (i) to evaluate socio-cultural factors affecting the use of technology among smallholder dairy farmers; (ii) to determine extent of effectsof socio-cultural factors on use of Smallholder Dairy technology; and (iii) to establish the relationship between socio-cultural factors and Smallholder Dairy farmers’ technology use. Data was collected through structured questionnaire administered to a randomsample of smallholder dairy groups within Dairy Commercialization Areas (DCAs). The analytical approach used was regression and correlations based on the number of variables and form of relationship; and LSD multiple mean separation, and ANOVA p-value and general linear model to analyse for differences on socio-cultural factors in technology use, excel analysis where applicable and simple percentages thereof. Graphs indicating different levels of thefactors against technology use were drawn using computer program. A scatter plot of was plotted fitted with regression line, equation and coefficient of determination (R2) to determine unitmeasure for possible incremental and variability in use as a result of effects. The findings showed that socio-cultural factors affect technology use. Effects differ with each technology and there is relationship between socio-cultural factors and technology use. There were significant differences in use between technologies and interaction between intervening factors inuse at p (< 0.05). Regression equation and (R2) explained a unit of 1.4914 incremental unit offered and a 76 % variability as result of relationship between socio-cultural factors and technology use. The study therefore shall deepen the understanding on the socio-cultural factors at the levels of farm households, in the dairy industry and the institutions and policies onfarmers’ decision to use technologies. This will provide insights into the levels of use, technologies of preference and relative factors affecting them thereof; both technical and farmer levels..
2019-02-01T00:00:00Z