Abstract

THE EFFECT OF TABLE BANKING ON WOMEN DEVELOPMENT IN KITALE TOWN TRANS NZOIA COUNTY

Abisaki Kabole Osale, Dr. Elizabeth NambuswaMakokha (PhD) , Prof. Gregory Namusonge (PhD.)

Volume: 8 Issue: 4 2018

Abstract:

The purpose of this study was to find out the effect of table banking on women development: a case of Joyful Women organization in Trans Nzoia county Kenya. It was premised on the following objectives: To determine the influence of access to credit on women development in joyful women organisation Trans Nzoia County. The justification of this study was begged on the premise that there are limited studies locally to add to scientifically find out the influence of table banking on women’s development. The study was delimited to the effect of table banking on women development in Trans Nzoia County. It was limited to those who either work or are active members in joyful women micro-finance institution. Literature was reviewed basing on the study objectives. The research was based on Longwe’s theoretical framework of Women’s Equality and Empowerment. This study adopted descriptive research design, using a case study. The population of this study was be made up of women active members of Joyful Women Organization in Trans Nzoia County. A sample size for the study was three hundred and seventy respondents. Data collection methods outlines methods used to collect primary and secondary data. Quantitative and qualitative approaches were applied to process and analyze data collected from the field. To analyze quantitative data, the data was first screened and arranged in a systematic manner by the help of SPSS programme version 22.0 The study found out that members had access to credit from joyful organization and the credit was of better interest rates compared to bank loans. It was also found out that the repayment period was flexible to members. On training, the study found out that there were some form of training though not mandatory to all members and not done regularly. On resource mobilization, it was found out that many loans were invested in business and general household expenses. Finally, it was found out that interest chargeable on loans was cheaper compared to bank loans though the rate of loan defaulters was high. It was concluded that there was a significant relationship between table banking and women development. It was recommended that women should be encouraged to save and access credit from the organization, they should be regularly trained before accessing any loan to enable them make informed choices, they should invest the loans in productive activities as opposed to general expenses and finally, the members should take advantage of the flexible chargeable interest and avoid defaulting which may lead to losing security over the loans.

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