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THE EFFECTS GROWTH OF OF MICROFINANCE SMALL AND SERVICES MEDIUM ON THE ENTERPRISES IN SUBMITTED IN MACHAKOS COUNTY MWEWA NAOMI MBITHE D61/63103/2010 A MANAGEMENT RESEARCH PROJECT PARTIAL FULFILMENT.

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Results reveal that Microfinance is significantly and negatively associated with economic growth, while market capitalization positively impacts the growth. Therefore, financial services provided by the stock market may promote economic growth rather than Domestic credit provided by the banking sector.

There are some cons regarding microcredit, including too much pressure to repay loans, a large suicide rate among borrowers, and severe debt levels. A contributing factor to the disadvantages is the high interest rates on some microcredit loans – rates can be 30% or even higher.

Microfinance provides tools that the poor can use to manage their finances better. Micro-credit specifically can improve customer liquidity, financial resilience, and occupation choices. Access to microfinance services is an essential step in improving financial health and the incomes of the poor.

It is found that the foremost factors obstructing the adoption of microfinance are: lack of financial stability, uncontrolled growth, cultural and value impede, systematic frauds, bureaucratic obstacles, state intervention, methodological defects, and shortage of credit rating agencies.

It helps low-income households to stabilize their income flows and save for future needs. In good times, microfinance helps families and small businesses to prosper, and at times of crisis it can help them cope and rebuild.

It also provides education. Finally, microfinance can encourage entrepreneurial activity and business development in poverty-stricken areas. Some downsides of microfinance include claims that it can take advantage of those in tough economic situations, a situation similar to loan sharks.

The future of microfinance seems bright as it will continue to expand beyond the traditional institutions. New actors like distribution networks and mobile operators will assist in offering financial products and services at cheaper costs to underprivileged and isolated population.

Microfinance has significant positive effect on women's economic empowerment by improving women's independent income, increasing asset possession levels, and improved monthly saving amount. Moreover, the study proved that microfinance has a positive impact on women's entrepreneurship development and business exposure.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232