| dc.creator |
. Dugange, Godlove M |
|
| dc.date |
2016-03-26T13:58:41Z |
|
| dc.date |
2016-03-26T13:58:41Z |
|
| dc.date |
2015 |
|
| dc.date.accessioned |
2018-03-24T12:05:01Z |
|
| dc.date.available |
2018-03-24T12:05:01Z |
|
| dc.identifier |
http://hdl.handle.net/11192/1009 |
|
| dc.identifier.uri |
http://hdl.handle.net/11192/1009 |
|
| dc.description |
A dissertation Submitted in Partial Fulfilment of the Requirements for Award of
the degree of Masters of Science in Accounting and Finance (MSc.AF) of Mzumbe
University |
|
| dc.description |
Microfinance is currently being promoted as a key development strategy for promoting
poverty reduction and empowerment of people economically. This is because it has been
potential to effectively address poverty by granting financial services to households who
are not served by the formal banking sector. This study research on the contributions of
MFIs on poverty reduction. The study focused on ELGIBO SACCOS limited located in
Misufini Street in Morogoro municipal as a case study. It intended to cover credit
facilities provided by the MFIs and clients perception on income improvement and/or
reduced poverty levels. The study used descriptive research design. The target
population was 5 staff/administrators and 65 clients or recipients/borrowers of loan at
the Elgibo SACCOS and 65 non-borrowers. The study employed stratified sampling
technique to select staff of the selected MFIs and clients. Both qualitative and
quantitative data analysis methods were used. The study revealed that ELGIBO
SACCOS as a microfinance institution has been able to fight reduce poverty to a certain
extent by providing microfinance services to different groups of women - productive or
active poor, enable the household to increase their living standard through increase their
income compare to non-borrower, also help the borrowers to own and live in the good
house compare to non-borrower and engage in more economic and more profitable
economic activities than non-borrowers. In assessing the financial product offered by
Elgibo SACCOS it has been noticed that most of the SACCOS provide the loan like
business loan, development loan, contingency loan, agricultural input loans and
construction loans. To enhance client’s business skills to use credit and establish market
channels for their products, the study recommends that (i.) Microfinance Institutions like
Elgibo SACCOS can arrange mechanisms to improve technical and business skills of the
poorest through education provision like training on how to utilise their loan effectively.
(ii.) MFIs should have continuous monitoring of financial management (iii.) Effort in
building leadership and governance capacity (iv.) Government supports (v.) Timeliness
and the volume of cash and (vi.) Review by-laws |
|
| dc.language |
en |
|
| dc.publisher |
Mzumbe University |
|
| dc.subject |
Poverty Reduction |
|
| dc.title |
Contributions of microfinance institutions in Poverty reduction in Morogoro: A case of Elgibo saccos limited |
|
| dc.type |
Thesis |
|