ABSTRACT
This study focused on the role of the informal sector on people’s savings in Makindye
division. The study geared in three objectives that include: To determine the role
played by the informal sector in Uganda, to determine the level of savings in Uganda
and to establish the impact of the informal sector on people’s savings in Uganda.
The study will help the region and the country at large on the way of increasing
people’s savings. The study was based on a cross sectional design and respondents
included entrepreneurs in the informal sector and financial institutions. The study
sample was made up of 80 respondents, purposively selected. The findings are
presented in form of numbers, percentages as indicated in tables, graphs and
charts. The study findings show that the mode and level of savings in the informal
sector are majorly determined by flexibility of the saving mechanisms, gender of the
individual, level of education, profitability of the business and the level of
government initiative to support the entrepreneurs. According to the findings and
conclusions, the study found it necessary that there should be increased government
initiative in promoting the savings through establishing and improving on more flexible and community based saving schemes. Sensitization is very vital as well.
DANIEL, T (2021). The Role Of The Informal Sector On People’s Savings In Uganda Case Study Of Makindye Division, Kampala District. Afribary. Retrieved from https://afribary.com/works/the-role-of-the-informal-sector-on-people-s-savings-in-uganda-case-study-of-makindye-division-kampala-district
DANIEL, TUMUHAIRWE "The Role Of The Informal Sector On People’s Savings In Uganda Case Study Of Makindye Division, Kampala District" Afribary. Afribary, 09 Jun. 2021, https://afribary.com/works/the-role-of-the-informal-sector-on-people-s-savings-in-uganda-case-study-of-makindye-division-kampala-district. Accessed 27 Dec. 2024.
DANIEL, TUMUHAIRWE . "The Role Of The Informal Sector On People’s Savings In Uganda Case Study Of Makindye Division, Kampala District". Afribary, Afribary, 09 Jun. 2021. Web. 27 Dec. 2024. < https://afribary.com/works/the-role-of-the-informal-sector-on-people-s-savings-in-uganda-case-study-of-makindye-division-kampala-district >.
DANIEL, TUMUHAIRWE . "The Role Of The Informal Sector On People’s Savings In Uganda Case Study Of Makindye Division, Kampala District" Afribary (2021). Accessed December 27, 2024. https://afribary.com/works/the-role-of-the-informal-sector-on-people-s-savings-in-uganda-case-study-of-makindye-division-kampala-district