Micro-Finance Services and Women Entrepreneurship: A Case Study: Mbale Municipality

ABSTRACT The study was carried out to find out the Micro-Finance Services and Women Entrepreneurship in Mbale Municipality. The study was based on three specific objectives: To find out the level of entrepreneur development in Mbale municipality. To find out the impact of micro finance services on women entrepreneurship development. To find out the relationship between Micro Finance services and women entrepreneurship in Mbale municipality. It was based on a descriptive design basing on the use of the quantitative and qualitative design nature of the study to find out the relationship between micro finance services and women entrepreneurship in Mbale municipality. It was based on descriptive and a cross sectional survey design. Interviews and Questionnaires were used to collect primary and secondary sources of data from 40 out of 48 respondents, using simple random sampling. Data analysis was done using SPSS’s frequencies and percentage means. Finally the report looked at the study results and gave the discussion of each finding. Therefore, here, data analysis, procedures and response rate are focused on. Then the findings conclusions and recommendations are presented. The report also showed the work plan for the whole research, the budget as distributed right from the topic inception up to research presentation, the questionnaire and finally the observation guide. According to the objective one 39% of the respondents strongly agreed that micro finance services have contributed towards the social economic development of women entrepreneurship and also 39% disagreed. According to objective two 70% of the personnel strongly agreed that there is higher level of micro finance service on women entrepreneurship. According to objective three about the relationship between micro finance service and women entrepreneurship indicates that there is a positive impact between micro finance service and women entrepreneurship that there is improvement in the standards of living of women in the region of Mbale municipality. 1-lowever the findings indicated that the performance of micro finance institutions is affected by stock levels, capital employed, daily expenses, daily sales and the average amount of taxes paid annually. According to the findings together with the related literature, the following recommendations must be taken seriously. Banking institutions should be legitimately considered as one of the suitable means in the development effort as the transfer of an alien business to peasant farmers who evoke in the latter a sense of enthusiasm, which if properly directed could lead to more efficient utilization of resources. Banking institutions should mobilize enough capital either from the Central bank or money markets if they are to survive the wind of change. Banking institutions should consider themselves as organizations meeting economic needs, partial democracy, human resource development, social responsibility and international cooperation