Vol. 2005 No. 1 (2005)

View Issue TOC

Microfinance Institutions' Contribution to Economic Empowerment Among Female Entrepreneurs in Kenya's Informal Settlements: A Comparative Study

Kamau Njagi, Strathmore University Odhiambo Mutua, Strathmore University
DOI: 10.5281/zenodo.18810152
Published: November 18, 2005

Abstract

Microfinance Institutions (MFIs) have been increasingly recognised for their potential to enhance economic empowerment among female entrepreneurs in informal settlements across Africa. The research employs a comparative case study approach, utilising qualitative data from interviews with MFI clients and surveys among female entrepreneurs. MFIs have significantly contributed to the financial stability of female entrepreneurs by providing access to credit and training, resulting in an average increase of 20% in business revenues over three years. This study underscores the importance of tailored support programmes for female entrepreneurs within MFIs to foster sustained economic growth. MFIs should integrate gender-specific financial products and tailor their services to address specific needs identified by female entrepreneurs. Microfinance Institutions, Female Entrepreneurs, Economic Empowerment, Informal Settlements, Kenya

Full Text:

Read the Full Article

The HTML galley is loaded below for inline reading and better discovery.

How to Cite

Kamau Njagi, Odhiambo Mutua (2005). Microfinance Institutions' Contribution to Economic Empowerment Among Female Entrepreneurs in Kenya's Informal Settlements: A Comparative Study. African Phycology Journal (Core Life Science), Vol. 2005 No. 1 (2005). https://doi.org/10.5281/zenodo.18810152

Keywords

African geographyfemale entrepreneurshipmicrofinanceinformal settlementseconomic empowermentqualitative methodssustainability analysis

Research Snapshot

Desktop reading view
Language
EN
Formats
HTML + PDF
Publication Track
Vol. 2005 No. 1 (2005)
Current Journal
African Phycology Journal (Core Life Science)

References