Journal
Metropolitan Journal of Academic and Applied Research
MJAAR
The Role Of Micro Finance Interventions On Poverty Reduction In Mukono District: A Case Study Of Goma Lc1 Zone, Mukono Town
Kabeije Immeldah, Zikusooka Enock
| Journal | Metropolitan Journal of Academic and Applied Research (MJAAR) |
| Volume / Issue | Vol. 5, No. 6 |
| Published | 30 June 2026 |
| ISSN | 3006-6417 |
Abstract
This study investigated the role of microfinance interventions on poverty reduction in Goma LC1 Zone, Mukono Town, Mukono District, Uganda. Specifically, it examined the effects of microcredit, microsavings, and microinsurance on the living standards of low-income households within the study area. A cross-sectional research design was adopted, combining both quantitative and qualitative approaches. A sample of 120 respondents was purposively and randomly selected from microfinance beneficiaries in the zone. Data were collected using structured questionnaires and key informant interviews. Descriptive, correlation, and regression analyses were conducted using SPSS version 26. Findings revealed that microcredit significantly improved household income, asset accumulation, and business expansion among beneficiaries. Microsavings encouraged financial discipline and provided a safety net during economic shocks. Microinsurance reduced vulnerability to health-related poverty risks. The regression model showed that microfinance interventions collectively explained 68.4% of the variance in poverty reduction outcomes (R² = 0.684, F = 42.71, p < 0.001). The study concluded that microfinance is a potent tool for poverty alleviation when complemented by financial literacy training and regulatory oversight. The study recommended strengthening microfinance institutions, integrating non-financial services, and improving targeting mechanisms to maximise outreach among the ultra-poor.
Keywords
Microfinance
Microcredit
Microsavings
Microinsurance
Poverty Reduction
Mukono District
Cite This Article
Kabeije Immeldah & Zikusooka Enock (2026). The Role Of Micro Finance Interventions On Poverty Reduction In Mukono District: A Case Study Of Goma Lc1 Zone, Mukono Town. Metropolitan Journal of Academic and Applied Research, 5(6). https://journals.miu.ac.ug/pages/article.php?article_id=644
More in This Issue
View full issue →
21
Household Poverty And Ancillary School Costs As Drivers Of Primary School Dropout In Uganda
Household Poverty And Ancillary School Costs
22
Institutional 'gaming practices' and learner exclusion before Primary Leaving Examinations
Gaming practices
Learner exclusion
Primary Leaving Examinations
Uganda
23
Inventory Management Practices And Business Profitability: A Case Study Of Supermarkets In Kampala
Inventory management
Business profitability
Demand forecasting
Inventory control
24
Mapping primary-to-tertiary attrition rates and their structural determinants in Uganda's education system
Attrition
Education Pipeline
Uganda
Household Socioeconomic Capital
25
Multi-sectoral coordination challenges in Ugandan social policy implementation
Multi-sectoral coordination
social policy
Uganda
structural equation modelling