Journal
Metropolitan Journal of Business and Economics
MJBE
The Influence Of Financial Advice On The Growth Of SMEs. A Case Of Finca Uganda Limited, Mukono Branch
Nakalembe Rashidah1, Babriye Shamirah2
| Journal | Metropolitan Journal of Business and Economics (MJBE) |
| Volume / Issue | Vol. 5, No. 2 |
| Published | 28 February 2026 |
| ISSN | 1813-4238 |
Abstract
The study investigated the influence of financial advice on the growth of Small and Medium Enterprises (SMEs) accessing services from FINCA Uganda Limited, Mukono Branch. The research examined how financial literacy training, business planning guidance, investment advice, and financial management counseling influenced SME growth indicators including revenue growth, asset accumulation, market expansion, and employment creation. A descriptive cross-sectional survey design was employed, involving 196 SME owners and managers who had accessed financial services from FINCA Mukono Branch. Data were collected through structured questionnaires and analyzed using Pearson correlation and multiple regression analysis. Results revealed a significant positive relationship between financial advice and SME growth (r=0.781, p
Keywords
Financial Advice
SME Growth
FINCA Uganda
Financial Literacy
Business Planning
Microfinance
Cite This Article
Nakalembe Rashidah1 & Babriye Shamirah2 (2026). The Influence Of Financial Advice On The Growth Of SMEs. A Case Of Finca Uganda Limited, Mukono Branch. Metropolitan Journal of Business and Economics, 5(2). https://journals.miu.ac.ug/pages/article.php?article_id=155