Influence of Access to Credit on Women Entrepreneurship Development in Turkana Central Sub-County
Abstract
The role of micro and small-scale enterprises sector in the development process has been at the Centre of Women's Entrepreneurship in Kenya. Women's access to credit has been of concern but studies have not been conclusive creating a need for a study to be done. The purpose of study was to investigate the socioeconomic factors influencing women’s entrepreneurship development in Turkana Central Sub-County. The objectives of the study were to examine how access to credit influences women’s entrepreneurship development. The study was anchored on Liberal Feminist Theories. The study used a descriptive survey research design. The study employed simple random and purposive sampling techniques. The target population was 39,427. Krejcie and Morgan's table of 1970 was utilized to determine a sample size of 380 respondents. A questionnaire and Interview guide were used to collect data. Supervisors and peers from the Department of Social Work and Development studies ascertained validity of the instruments. 10% of the target population was used for the purpose of pilot study to ascertain the reliability of research instruments, by use of Cronbach Alpha, which was r=> 0.7. Quantitative data was analysed using descriptive statistics, while qualitative data was analysed using content analysis whereby qualitative data was grouped together, organized into emerging themes and reported. Findings were presented using frequency distribution tables. The findings of this study indicate that 80% of the respondents agreed that women entrepreneurs were facing challenges in accessing credit. The study concluded that access to credit, has an influence on women entrepreneurship development. The study recommends that the government should enhance women entrepreneurs access credit. The findings are useful to the national government, county government, financial institutions and the community in terms of policy formulation in promoting women’s entrepreneurship development
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Copyright (c) 2024 Monica Kinyanjui, Evans Otieno Ochieng, PhD, Benjamin Towett Koross, PhD
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