Impact of Micro Finance Institutions on Business Growth of the Petty Women Traders.

Godfrey,, Miriam M. (2020) Impact of Micro Finance Institutions on Business Growth of the Petty Women Traders. Masters thesis, The Open University of Tanzania.

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Abstract

The purpose of this study was to analys the impact of microfinance institutions on the business growth of the petty women traders.The study used a case study design of one SACCOS.The study used questionnaire to gather data, statistical tables, graphs and chart used for data presentations, Also SPSS program was used to produce various reports to find mean and standard deviation which were used for data analysis. The study uses eight indicators of business growth, to test the impact of SACCOS on business growth of the petty women traders, the result from the finding shows that five indicators out of einght performs well, while three indicators shows a weak performance. There for the study conclude that SACCOS plays a major role for the growth of business of the petty women traders in Karatu town ward. The study also identified a gap on the services provided by the SACCOS. For business growth, wommen traders has to be equiped with two things, Capital and knowledge and skills. SACCOS provide only capital, this study revieled that most women traders lack apropriate knowledge and skills to run their business which lead to slow rate of growth. The study recomend for the SACCOS to find means to expand their services to cover this basic need for business growth. From the findings, a further study has been recomended, to find out, to what extent does the knowledge and skills of women affect their business performance. Keywords: Micro Finance Institution, Business Growth and Petty Women Traders

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