The Impact Of Micro-Finance Schemes On Youth Empowerment In Nakawa Division Kampala City

ABSTRACT

This study examined the impact of micro-finance schemes on youth

empowerment in Nakawa division, Kampala.

The objectives of the study were to determine the impact of micro finance

programmes on the household welfare of the youth in Nakawa Division;

Find out if micro finance savings reduce vulnerability and risks of clients

in Nakawa Division; and to Find out how micro finance promotes

empowerment of the youth in Nakawa Division.

Qualitative and Quantitative types of data analysis were employed where

convenient sampling was applied to select the respondents used for the

study

The main instruments used for the data collection were

questionnaires; data collected was analyzed manually

The findings of the study included among others the fact Micro finance

schemes had a positive impact on the welfare of the youth; Savings

helped the youth overcome some of the vulnerable conditions that they

found them selves in and that Micro finance actually empowered the

youth in Nakawa Division.

This research recommended among other things the need for more future research that should focus on deeper understanding of poverty

alleviation since microfinance is only treating the symptoms rather than attacking the real causes