MJAMR

The Role Of Micro Finance In Improving The Economic Welfare Of The People In Bugiti District. A Case Study Of Kapyanga Sub-County.

Odere Emmanuel, Babirye Shamilah


Abstract

This study was conducted in the role of MFIS in kapyanga sub-county Bugiri District. The key objective of the study was to evaluate the role of MFIS in kapyanga sub-county, identifying the key credit policies used by MFIS. Find out the problem facing these MFIS in their service delivery and find out the strategies used to solve the problem facing MFIS. The study used both qualitative and quantitative design methods of data collection used are interview guide and questionnaire. The study involved 50 respondents which intended employees, beneficiaries and managers of MFIS. the findings of the study indicates that. Provision of financial service by MFIS was helping people in different ways for example construction of houses, buying of assets, paying of school fees for the Children of the beneficiaries and improvement of diet. Although it come out that there are some problems still facing MFIS that is to say limited funds, lack of knowledge by the beneficiaries, delay for accessibility of loans, low returns from the borrowed money, difficulty in recovering the loan. The study recommended their funds should be provided to strengthen the financial capacity of MFIS, people be encouraged to make up groups to ensure accessibility to the findings provided by MFIS and people should be fully sensitised on the importance of MFIS.

Keywords

Microfinance and Economic welfare
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Odere Emmanuel & Babirye Shamilah (2023). The Role Of Micro Finance In Improving The Economic Welfare Of The People In Bugiti District. A Case Study Of Kapyanga Sub-County. Metropolitan Journal of Academic Multidisciplinary Research, 2(12). https://journals.miu.ac.ug/pages/article.php?article_id=1636

More in This Issue

View full issue →
31
Mass Media Welfare And Its Influence On The Effectiveness Of Journalism. A Case Study Of UBC
Mirembe Suzan, Nakibugwe Sophie
mass media welfare and journalism
32
Non-Government Organizations And Its Impact Towards Poverty Alleviation In Uganda: A case Study Of Kabale District.
Ntirandekura Moses, Jill Margaret Okee
non-government poverty alleviation and socio-economic welfare
33
Operation Wealth Creation And Youth Farmers Development: A Case Study Of Kirima Sub-County, Kanungu District
Julius Arinaitwe, Gracious Kazaara Ariyo
Operation wealth creation Food Security Welfare
34
Poverty And It’s Impact On The Increasing Rate Of Domestic Violence: Case Study Of Wattuba Sub-County Kyankwanzi District
Kobusigye Prudence, Namuyonga Rebecca
poverty domestic violence and human rights
35
Prevalence Of Defilement In Uganda. A Case Study Of Nansana Municipality, Wakiso District
Nakiseka Shamim, Rutakama Goddie
Prevalence and Defilement