Microfinance Institutions And Development Of Small Scale Businesses In Uganda Case Study Of Street Vendors In Central Division Kampala District

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ABSTRACT

The purpose of this study is aimed at finding out how microfinance institutions lead to the

economic development of street vendors in Kampala district. The study analyzed the level of

street vendors' business participation in micro finance activities and it critically shows the role of

micro finance institutions in economic development of businesses.

The researcher used a cross sectional design in finding out the level of street vendors

participation in micro finance activities and its role in economic development. It also assessed

the challenges that face the street vendors in accessing micro finance services.

It was discovered and concluded whether street vendors barely access microfinance loans and

services because they do not posses bank accounts; they lack collateral security which makes it

difficult to acquire loans. However it was recommended that once well utilized, microfinance institutions have a big potential in economically empowering street vendors.

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APA

SSA, R (2021). Microfinance Institutions And Development Of Small Scale Businesses In Uganda Case Study Of Street Vendors In Central Division Kampala District. Afribary.com: Retrieved June 14, 2021, from https://afribary.com/works/microfinance-institutions-and-development-of-small-scale-businesses-in-uganda-case-study-of-street-vendors-in-central-division-kampala-district

MLA 8th

Research, SSA. "Microfinance Institutions And Development Of Small Scale Businesses In Uganda Case Study Of Street Vendors In Central Division Kampala District" Afribary.com. Afribary.com, 10 Jun. 2021, https://afribary.com/works/microfinance-institutions-and-development-of-small-scale-businesses-in-uganda-case-study-of-street-vendors-in-central-division-kampala-district . Accessed 14 Jun. 2021.

MLA7

Research, SSA. "Microfinance Institutions And Development Of Small Scale Businesses In Uganda Case Study Of Street Vendors In Central Division Kampala District". Afribary.com, Afribary.com, 10 Jun. 2021. Web. 14 Jun. 2021. < https://afribary.com/works/microfinance-institutions-and-development-of-small-scale-businesses-in-uganda-case-study-of-street-vendors-in-central-division-kampala-district >.

Chicago

Research, SSA. "Microfinance Institutions And Development Of Small Scale Businesses In Uganda Case Study Of Street Vendors In Central Division Kampala District" Afribary.com (2021). Accessed June 14, 2021. https://afribary.com/works/microfinance-institutions-and-development-of-small-scale-businesses-in-uganda-case-study-of-street-vendors-in-central-division-kampala-district