School of Business (SB)
http://hdl.handle.net/10570/42
2024-03-28T21:27:10ZAccess to credit by small and medium enterprises in Kampala Central Division
http://hdl.handle.net/10570/6561
Access to credit by small and medium enterprises in Kampala Central Division
Namayanja, Hanifah
The role of the SMEs in the development process continues to be in the fore front of policy debates not only in developing countries but also in developed countries. The advantages claimed for SMEs are various, including reducing unemployment, improving the BOT position, increased tax base; and they may well become a countervailing force against economic power of large enterprises. More generally the development of SMEs is seen as accelerating the achievement of wider socio-economic objectives, including poverty alleviation.
In spite of the generally fast pace by which access to financial services for SME is being developed, significant segments of the SME sector have not yet benefited from the expansion and deepening of outreach. In attempting to gain access to financial services, SMEs continue to face many constrains. Thus this research intended to study the challenges faced by SMEs in access to finance.
The findings indicated that the constraints faced by SMEs were insufficient collateral (62.9%) High risk perception (20.3%) and Poor financial management practices (16.4%). on the same note the study identified that the coping strategies used to manage challenges faced by SMEs in accessing finance include; cost cutting, use of money lenders, reliance on family and friends support, negotiating increase in supplier credit periods, reducing receivable days, invoice discounting, bank loans and overdrafts.
Based on the study’s findings, it is recommended that the stakeholders should endeavor to provide financial information infrastructure, the government and financial institutions should also provide a good economic environment where SME’s are able to borrow at reasonable rates as well as friendly terms. It’s also important to train most of the entrepreneurs on simple financial management tips, to enable them make informed financial decisions.
A research report submitted to the College of Business and Management Sciences in partial fulfillment of the requirements for the award of a degree of Master of Business Administration, Makerere University.
2015-10-01T00:00:00ZAccessibility to long term finance: Its determinants and effect on growth of EIB-funded Small and Medium size Entreprises in Uganda's hotel industry
http://hdl.handle.net/10570/2685
Accessibility to long term finance: Its determinants and effect on growth of EIB-funded Small and Medium size Entreprises in Uganda's hotel industry
Sekyewa, Godfrey
The purpose of the study was to examine not only the level at which SMEs in Uganda’s Hotel sector access long-term finance extended by the EIB-APEX and the factors influencing this level but also the relationship between them and the level of the SMEs’ business growth. This was as a result of the observation that most of the SMEs were achieving dismal business growth yet it was not clear whether this was due to the level of their accessibility to long-term finance.
The study was conducted as a cross sectional survey involving an analytical design. Its objectives were to examine the level of business growth of the SMEs in Uganda’s Hotel industry, to investigate the level at which these SMEs access long-term finance extended by the EIB-APEX, to establish the factors influencing the level of this access, and to examine the relationship between the level of business growth of these SMEs and their level of access to long-term finance. Data was collected from SME managers using questionnaires and analyzed using the descriptive, ANOVA, factor analysis, correlation and regression methods of the SPSS programme.
The findings show that the level of business growth of the SMEs in Uganda’s Hotel industry was 46.3% predicted by the level of the SMEs’ access to EIB-APEX long-term finance. SME competences were established to have the most significant influence on the level of SMEs’ access to this finance. The level of this access and that of the business growth of the SMEs were both reported as low. The study, thus, concluded by emphasizing the need to improve the level of business growth of the SMEs. To achieve this, it was recommended that SME management and lending institutions should improve the SMEs’ access to loan finance by solving the flaws in the factors influencing this access.
A dissertation submitted in partial fulfillment of the requirements for the award of the Degree of A Master of Business Administration of Makerere University.
2009-09-01T00:00:00ZAccessing micro credit, borrowers’ characteristic and household income in rural areas: A case of Kasese District
http://hdl.handle.net/10570/2413
Accessing micro credit, borrowers’ characteristic and household income in rural areas: A case of Kasese District
Businge, Polic Fred
Improving household income is one of the major challenges faced by developing countries. Different plans focusing on increasing household income through the use of credit institutions have been developed for example PEAP, 1997, entandikwa scheme and the prosperity for all plan (2006). While doing this they have largely ignored borrowers’ characteristics and business type the borrowers’ engage in. This study therefore examined the role micro credit access, borrowers’ characteristics, business type have towards improving household income for the poor. A sample of three institutions which included Ikongo micro finance scheme, Bukonzo joint credit institution, centenary bank and 131 beneficiaries was chosen out of a total of 32 institutions and 1004 beneficiaries. The study presents empirical findings basing on 82 beneficiaries who responded.
Across sectional survey design was used to evaluate the variables above. Correlation coefficients revealed a significant positive relationship between the variables. Multiple regression analysis further revealed that 44.5% of the variance in the household income is explained by micro credit access, borrowers’ characteristics and business type. The study recommends that micro credit institutions should increase funds which borrowers’ can access. Credit institutions should always consider borrowers’ characteristics and business type the borrowers’ are to engage in before giving credit to the potential borrowers’. These factors enable the borrowers’ to use funds wisely and eventually they lead to improved household income of the poor.
A Dissertation submitted to School of Graduate Studies in partial fulfillment of the requirement for the award of the Degree of Master of Science in Accounting and Finance of Makerere University
2009-11-01T00:00:00ZAccountability and mobilized financial resources: A case study of Central Uganda Conference of the Seventh–Day Adventist Church
http://hdl.handle.net/10570/2680
Accountability and mobilized financial resources: A case study of Central Uganda Conference of the Seventh–Day Adventist Church
Jemba, William
The study investigated Accountability and Mobilized Financial Resources in Central Uganda Conference of the Seventh-Day Adventist Church. The main objectives of the study were to examine the relationship between accountability and building public confidence as well as examining the relationship between public confidence and mobilized financial resources in the Seventh-Day Adventist Church.
The study found out that there is a strong relationship between public confidence and mobilized financial resources in Central Uganda Conference. This is because when the Organization builds confidence through openness, transparency and accountability in the way they put to use the mobilized resources from members of the congregations, financial contributions increase.
However, it was found out that Central Uganda Conference was performing poorly in mobilization of resources for its activities from the tithe and field advances. This was attributed to the poor accountability mechanisms used that are not transparent to its stakeholders that have led to many decreasing their contributions.
In ensuring that there is public confidence, the study recommended that Central Uganda Conference need to confirm to International accounting standards by putting emphasis on openness, disclosure and legitimacy. This will not only restore and promote public confidence but also enable all the stakeholders to own the organization. This in turn will enable the stakeholders contribute more resources towards the success of their organization.
A thesis submitted in partial fulfillment of the requirements for the award of Masters Degree in Business Administration of Makerere University
2011-04-01T00:00:00Z