Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12306/8174
Title: Microfinance loans and economic development: a case of Kanungu town council, Kanungu district
Authors: Edward, Akarambuzi. John
Keywords: Business administration
Microfinance loans
Economic development
Kanungu town council,
Issue Date: Oct-2012
Publisher: Kampala international international: College of Economics and Management
Abstract: The text section of the Dissertation is made up of 5 chapters presented in the order below, chapter 1 intToduction and Backgrom1d of the study, chapter 2 literature reviews, chapter 3 Methodology, chapter 4 presentation and discussion of Major findings, chapter 5 summary, conclusion and recommendations, On introduction information on microfinance loans and economic development history was discussed as indicated in the Dissertation The problem statement was to find out the contributions of microfinance loans to the economic development of Kanungn people which was done and results were positive, where loans taken have improved on the economic wellbeing of the people as discussed in the chapter from• of the dissertation, where Kanungu people have bought assets, paid fees for children, though there are some few instances where some members loose land in case of defaulting and being imprisoned. The purpose of the study was to establish the relationship between microfinance loans and economic development in Kanungu Town councils, kanungu district. On the significance of the study the research is hoped to be useful to the researcher, to staff microfinance institutions, to the business people, to students and board of directors in their daily activities. On investigation, the researcher employed both qualitative and quantitative (Con-elation, cross sectional survey design), to determine the relationship between independent variable (Microfinance loans) and dependent variable (economic development). This centred on years 2007-2010. The sample size used was 56 clients out of 300 members as the target population and total population estimated to be 2744The instruments that were used in the findings of the study are SAQs (self-administered questionnaires) and interview guide, observation and discussion groups, which released assistants used in coordination with reseai•cher to get the needed data. The techniques used were sampling strategies which involved selection of the respondents randomly in order to get the viable information to answer research questions. The results of the study in relation to the objectives and research questions were almost all positive indicating positive con-elations. The researcher recommends that bon owers ai1d other members intending to join the microfinance institutions should do so, as they have helped many to meet the different needs of their families, thus a great contribution to the gaps of knowledge For future researchers, the researcher recommends that the study should help them as a strong foundation in this area and be able to find out the rate at which microfinance institutions have moved deep into villages (sub county levels) in the whole community, or whether they are meeting their visions and missions, and fill investigation into the impact of microfinance frauds in relation to the economic development of Kanungu people, that needs a systematic study or an educational finding.
Description: A dissertation submitted in partial fulfillment of the requirements for the award of the degree of master of business administration (banking and finance) of Kampala international university
URI: http://hdl.handle.net/20.500.12306/8174
Appears in Collections:Master of Business Administration - Main and Ishaka Campus

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