The Design of Micro Credit Contracts and Micro Enterprise Finance in Uganda

The Design of Micro Credit Contracts and Micro Enterprise Finance in Uganda
Author: Winifred Tarinyeba-Kiryabwire
Publisher: African Books Collective
Total Pages: 192
Release: 2010-12-29
Genre: Law
ISBN: 9966031979

Studies have shown that the negative effects of credit market inefficiencies are most felt by smaller firms. Therefore, in countries such as Uganda, where micro enterprises are at the bottom of the economic pyramid, moral hazard and adverse selection severely affect their ability to access formal credit hence limiting their growth potential. Microfinance has been heralded for its use of innovative lending methods to improve access to credit. The last decade has witnessed an unprecedented increase in the outreach of micro lending institutions and the development of financial products suited to the needs of the economically active poor, who often, are unable to obtain credit from mainstream financial institutions. This book analyzes the law and economics theories on access to credit and enterprise finance and based on case studies in Uganda, presents empirical findings of the promise and limits of contractual innovations in micro credit.

New Growth and Poverty Alleviation Strategies for Africa

New Growth and Poverty Alleviation Strategies for Africa
Author: Karl Wohlmuth
Publisher: LIT Verlag Münster
Total Pages: 571
Release: 2009
Genre: Africa, Sub-Saharan
ISBN: 3825819663

This Volume XIV analyses the New Growth and Poverty Alleviation Strategies for Africa. Institutional issues and perspectives in designing new growth and poverty alleviation strategies are considered in various case studies (Cote d'Ivoire, Nigeria, Botswana and Tanzania). Other studies deal with institutional problems of resource-rich countries after conflict (Sudan), and with the institutions to enhance environmental protection parallel with economic growth and poverty reduction (Niger). Further studies deal with institutions to bridge the gap between formal and informal entrepreneurial sectors in Kenya and Tanzania. Local issues and perspectives for designing new growth and poverty alleviation strategies are considered in case studies on rural-urban development gaps in Tanzania, and on microfinance as an instrument for new growth and poverty alleviation strategies (Tanzania and Eritrea). A study on small farmers in Ghana provides information on the role they can play in value chains. Two studies on Nigeria highlight the local and the sub-regional health and poverty alleviation programmes and the relation to growth. Book Reviews and Book Notes on the theme are part of the volume. This Volume builds the foundation for a comprehensive strategy of policy reforms in Africa so as to integrate new growth and poverty alleviation strategies. Complementary to Volume XIV is Volume XIII on New Growth and Poverty Alleviation Strategies for Africa - International and Regional Perspectives. Both Volumes are of importance for all those who work in African countries as officials, executives, managers, researchers, and policy-makers, but also for all those who actively support Africa's development concerns at the international, regional, country, local and project levels. They will experience this Volume XIV and also the complementary Volume XIII as indispensable sources of insight, reference and inspiration.

Institutional Credit Lending Policies and the Efficiency of Resource Use Among Small-scale Farmers in Kenya

Institutional Credit Lending Policies and the Efficiency of Resource Use Among Small-scale Farmers in Kenya
Author: Rosemary Atieno
Publisher: Westview Press
Total Pages: 244
Release: 1994
Genre: Business & Economics
ISBN:

A report on the role of institutional credit lending policies in determining the efficiency of resources used by small-scale farmers in the Nakuru District of Kenya, testing the hypothesis that the role of agricultural credit in increasing the production and farm incomes of farmers depends on the appropriateness of the lending policies to the farmers' production objectives and potentials. Includes a literature review and methodology, and numerous tables and charts. No index. Distributed by Westview Press. Annotation copyright by Book News, Inc., Portland, OR

The African Informal Economy

The African Informal Economy
Author:
Publisher: BRILL
Total Pages: 308
Release: 2024-06-17
Genre: Business & Economics
ISBN: 9004692657

The informal sector is a vital sustainer of the African economy, employing more than 60% of sub-Saharan Africans. The book examines diverse segments of the informal sector, putting into consideration their structure, dynamics, resilience and gender issues. Chapters are based on empirical research on women in the transport sector, vehicle maintenance artisanship, graduates in the informal sector, COVID 19, and the informal economy. Other chapters focus on the indigenous usury finance system, coconut oil production, herbal medicine, and the gig economy across countries including Nigeria, Kenya, Ghana, Togo, and Burkina Faso.

The Impact of Microcredit on Women-owned Small and Medium Enterprises

The Impact of Microcredit on Women-owned Small and Medium Enterprises
Author: Clemencia Osa Ouma
Publisher:
Total Pages: 14
Release: 2014
Genre:
ISBN:

Microcredit is a crucial tool for economic empowerment of women. In Kenya, the microcredit industry has supported more than 3 million small and medium enterprises for close to 30 years. Kenya Women Finance Trust is a leading microcredit institution dealing exclusively with financing needs of women. However, whether the services provided by the institution have spurred growth among women-owned enterprises remains undocumented. The objective of this study was to assess the effect of access to microcredit services on the growth of women-owned enterprises within the Central Business District of Kisumu City. To accomplish this, we sourced primary data from 190 women entrepreneurs. The study found that access to microcredit significantly associated with sales, net profit, number of paid workers and liabilities. Thus, access to microcredit had positive effects on the growth of women-owned enterprises. In addition, Kenya Women Finance Trust's lending policies were not responsive to financing needs of women and to changes in the business environment. This undermined the potential of funded enterprises to achieve sustainable growth. The study recommends the need to review the financial institution's lending policies, increase the amount of microcredit funds and encourage other actors to finance women-owned enterprises.

Financial Entrepreneurship for Economic Growth in Emerging Nations

Financial Entrepreneurship for Economic Growth in Emerging Nations
Author: Woldie, Atsede
Publisher: IGI Global
Total Pages: 322
Release: 2017-07-13
Genre: Business & Economics
ISBN: 152252701X

Entrepreneurial endeavors are a pivotal driving force behind the modern business sector. These enterprises play a significant role in the development and sustainability of a nation’s economy. Financial Entrepreneurship for Economic Growth in Emerging Nations is an innovative reference source for the latest scholarly research on strategies and techniques for financing small and medium-sized enterprises in the context of developing nations. Including a range of pertinent topics such as microinsurance, risk management, and advertising, this book is ideal for managers, academics, professionals, graduate students, and practitioners interested in the dynamics of financial entrepreneurship.