The impact of microcredit on poverty reduction in eleven developing countries in south-east Asia

Competitive Strategies of Microfinance Owners in Ghana by Eric Kojo Asante MBA, Walden University, 2013 BA, University of Cape Coast, 2007 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration

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Competitive Strategies of Microfinance Owners in Ghana

Factors Influencing the Growth of Micro and Small Enterprises in Kenya

The objective of this study is to examine the impact of Microfinance training, Trust and Social ties on the Number of loans received by small and medium-scale enterprises (SMEs) in developing economies. The Poisson regression model is used as the method of analysis. 195 SMEs in North-Eastern Nigeria form the sample of the study based on two-stage sampling and simple random sampling technique. The results reveal that Social ties, Location, and Nature of operation have a significant positive relationship with the Number of loans receives by SMEs. Similarly, the Number of training and Trust have significant positive impact on the Number of loans received; however, they demonstrate the least impact as compared with the other variables based on the level of significance.

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Microfinance training and the number of loans received by SMEs. An empirical evidence from emerging economy

The UN has assigned Sustainable Development Goals (SDGs) as a framework for development agendas and political strategies for the next 15 years. To accomplish the SDGs, both developed and developing countries must adopt the SDGs. SDGs consist of 17 goals that address a wide variety of sustainable development issues. The objective of this study was to analyze the roles of ICT in accelerating the achievement of the SDGs, to investigate in which number of SGDs the ICT can be utilized to accelerate financial inclusion, and to identify the success factors toward ICT-enabled financial inclusion. This study employed a qualitative research design by using a systematic literature review (SLR) approach. Secondary data gathered from various resources related to the research topic, such as national journals, international journals, proceedings, books, reports, and other relevant scientific sources from 2016 to 2022 were used in this study. The finding of the study highlights the importance of ICT in accelerating the implementation in all of the 17 SDGs. In relation to SDGs in financial inclusion, ICT has an essential role in SDG 1 (ending poverty), SDG 5 (gender equality), SDG 8 (small businesses and entrepreneurship), and SDG 9 (sustainable infrastructure). Some factors that affect the success of ICT-enabled financial services include policy framework between financial institutions and mobile providers, adequate financial and technical resources, and, a collaborative effort among banks, operators, and agents.

Role of Information Communication Technology in Accelerating the Sustainable Development Goals in Financial Inclusion

The Small business sector has continued to play an important role in the Kenyan Economy. The sector’s contribution to the Gross Domestic Product (GDP) increased from 13.8% in 1993 to over 18% in 1999. The Economic survey of 2012 estimated that the contribution to the GDP of this sector currently stands at over 25%. It is the objective of every small business to grow into large enterprises. This paper seeks to identify the impact of Micro financing on Small Business Enterprises in Kenya. Specifically, this study proposes to establish the impact of Microfinance institutions (MFI’s) on Kenyan Small and Medium Enterprises, to establish the products offered by MFI’s to Kenyan small and medium enterprises and to establish why some customers are dropping off MFI’s. The provision of financial services, especially credit plays an important role in the development of the economy. From the relevant studies done in this area and the accompanying literature review, Micro finance organizations provide financial services to their clients (small scale entrepreneurs), such as savings and credit services to finance their new business startups in order to engage in productive economic activities and thus contribute to the development in low income population. Thus, their growth has been attributed to the availability of micro credit opportunities in the country. It can thus be concluded that micro finance services have a major effect on the growth of Small businesses in Kenya. This concurs with Koech (2011) that the factors affecting growth Small businesses were capital markets, cost, capital access, collateral requirements, information access, capital management and cost of registration. Thus, micro finance services have made it possible for the poor to start small and medium enterprises in Kenya.

WI Otuya

Papers

A Critical Review on Micro-financing of Small Businesses in Kenya