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.

Back Download

References

• Baumann, T. (2005).Pro-poor Microcredit in South Africa.Journal of Microfinance, Volume 7, No.l. pp. 100-120
• Bhasin, V. K. and Akpalu, W. (2001).Impact of Micro-Finance Enterprises on the Efficiency of Micro-Enterprises in Cape Coast. IFLIP Research Paper 01~5.
• Fletschner, D. (2009). Rural women's access to credit: Market imperfections and intra household dynamics. World Development, Vol. 37(3):618-631.
• Grosh, B. and Somolekae, G. (1996).Mighty Oaks from Little Acorns-' Can Microenterprises Serve as The Seedbed of Industrialization? World Development, 24(12), pp. 1879-1890
• Republic of Kenya (2006) Guidelines for the Women Enterprise Fund. Nairobi : Government Printer Hassan, M. K. (2002). The Microfinance Revolution and the Grameen Bank Experience in Bangladesh, Financial Markets, Institutions and Instruments [online], 11(3).
• Hausmann,R Laura D,. Tyson,Yasmina Bekhouche and Saadia Zahidi, (2011) ' The Global Gender gap Report : World Economic ForumInternational Labour Office (2005).Women’s Employment- Global Trends and ILO Responses.ILO contribution, 49th Session of the Commission on the Status of Women United Nations, New York.p.2
• Khandker, S. R. (1998). Fighting Poverty with Microcredit Experience in Bangladesh, Oxford University Press, Inc. pp.2‗20
• Kumar and Newport (2005).The Role of Disaster Mitigation. Journal of Disaster Prevention and Management: Emerald Group Publishing Limited. pp. 176- 182.
• Mayoux, 1.(2006), Women's Empowerment through Sustainable Mi Rethinking ‘Best Practice’ Discussion Paper.
• Rhyne, E. and Otero, M. (1992).Financial services for microenterprises': and institutions, World Development, 20(ll), pp. 1561—1571
• Ostergaard, L. (1992), Gender and Development: A Practical Guide, PuRoutledge, USA pp.174 Shimwaayi, M. and Blackden, C. M. (2001).“ Gender and poverty in Africa
• Tundui, H. P. (2002). The Growth and Involvement of Women in Sector in Tanzania in Akinboade O. A., (2005),'‗A Review of Women. Informal Trade Issues in East and Southern Africa', International Journal, 57(184), pp. 255‗275
• United Nations Development Programme [UNDP], (1995). Human Report. Gender and Human Development, p.87
• UNDP, (2000). Learning and Information Pack, Gender Analysis. United Nations Educational Scientific and Cultural Organization (2003). Africa.
• World Bank, (2001).Attacking Poverty, World Development Report 20 Washington, DC.pp.45-59
• Amyx, C. (2005) Small Business Challenges v- The Perception Problem: Size Doesn't Matter. Washington Business Journal. Analysis.' in P.C. Samanta & R. K. Sen (eds), Realizing African Development. Kolkata,(PP. 11-20)
• Bardasi, (2007).'Gender, Entrepreneurship, and Competitiveness in Africa, 'Chapter, 4, the Africa Competitiveness Report.
• Brush, c.o., Carter, N., Gatewood, P .,Greene, P., &Hart, M. (2006), Growth Oriented Women Entrepreneurs and Their Businesses: A Global Research Perspective (eds.), Cheltenham, Edward Elgar Development Economics,doi:1O.1016/j.jdeveco.2011.09.003 pp154 -156.
• Boettke, P. (2004). What Role for Entrepreneurship in Economic Development. Hayek Fellow, LSE, Oxford University.
• Brana, S. (2008). Microcredit in France: Does gender matter? 5th Annual Conference Nice.European Microfinance Network.
• G.o.K(2008).Economic Survey of Kenya. Nairobi: Government Printer Press. Gakure, R. W. (2003). Factors Affecting Women Entrepreneurs Growth prospects, Nairobi; Kenya.
• Dana &Wright (2004) 'Back to the future: international entrepreneurship in the new economy 'in M.V. Jones and P. Dimitratos(eds) emerging paradigms in international Entrepreneurship, Northampton. Ma. Edward Elgar.
• Gozi, M., &K1ock, C. (2003).Women entrepreneurs in Ethiopia.I l. O. Geneva.
• Hittet al (2006) Does entrepreneurial self efficacy distinguish entrepreneurs from managers? Journal of bus in, 5 Sventuring, 13,295 -3J 6.
• ILO, (2008).'Strengthening the role of women entrepreneurship in a post conflict situation: Kenya.'Prepared for the International Labour Organization OLO); Geneva, November.
• Justin,B. And Carlos, L. (2003).Micro enterprises Financing: Is there a Best Odell, in, Rutashobya.L.K;..and Olomi, D.R. (eds), African Entrepreneurship and Small Business Development, Dar es Salaam, DUP(1996) Ltd pg 59.
• Jeans, W; A. (1998).Women managers in India, Challenges and opportunities, academic press; London Pg. 110.'
• Karim, L. (2008). Demystifying Micro-Credit: The Grameen Bank, NGOs, and Neoliberalism in Bangladesh.Cultural Dynamics, 20(5),5–29.
• Kirve, HarshaandKanitkar, Azit (1993): Entrepreneurship at the Grass Roots: Developing the Income Generating Capabilities of Rural Women. Journal of Entrepreneurship (2): 177-197.
• Kulkarni,V. and Gaiha, R. (2015) Analysis: Is the Miracle of Microfinance Illusory.http://www.ipsnews.net/2018/04/analysis-is-the-miracle-of-microfinance-illusory/
• Lazear, R. S (2004).Micro and Small Businesses tackle poverty and growth (but in different proportions). Paper presented at the conference on Enterprises in Africa: between poverty and growth. Centre for African Studies, University of Edinburgh, 26.,27 May'
• Mahmud, S. (2003). Actually how Empowering is Microcredit? Development and Change, 34(4), 577–605, 10.1111/1467-7660.00320
• Namusonge, G. S (2006). 'The role of development financial institutions in the acquisition of technological capabilities by small and medium enterprises in Kenya', Nairobi: ATPS working paper No. 41.
• Naude, E (2008). Advancing a framework for coherent Research on Women's Entrepreneurship.Entrepreneurship Theory and practice. Vol. 3 No. 3 Pg. 125.
• Oduk Charity (2010) An investigation of the challenges facing the Women Enterprise Fund in Kenya. Nairobi: University Press
• Oikocredit. (2009) Stories from the Field, Kenya: Smart, Confident and Empowered, Empowering Women, the Oikocredit Experience
• Oketch, It O. (2003). Education and training needs for the Informal sector: Kenya papers for the ODA Research Project on education and training for the informal sector Nairobi, Kenya.
• Otuya (2003). Understanding the Small Business Sector, retrieved February i 8, 2012. From Head Business Solutions & Sales at PHASE 3 databases.
• RaoTarakeswara ,G.Tulasi and .P.Suri Ganesh (2011) Women Entrepreneurship in India (A case Study in Andhra Pradesh) The Journal of Commerce, Vol. 3, No. 3 ISSN: 2218-8118, 2220-6043 Hailey College of Commerce, University of the Punjab, Pakistan
• Rogerson, G. N. (2001). Women Entrepreneurs, Moving beyond family and flexibility, International Journal of entrepreneurial Behavior, Research paper, Vol. 7 no.4 148-165,
• Sathyasundaram, 1.(2004): Encouraging Women's Entrepreneurship. Social Welfare, 50 (12): 13-15.
• Padmavati, D. (2002): Training Women for Entrepreneurship. Social Welfare, 49(2):15-18. lJNIDO, (2003).'A path of poverty: Developing rural women entrepreneurship.'Economy Environment Employment.
• UNESCO, (2003).'Small Enterprise Development and International Development Research Centre'. Ottawa, Ontario, Canada: UNESCO.
• United Nations.(2009). Women's control over economic resources and access to financial resources, including microfinance. Paper prepared for the 2009 World survey on the role of women in development. Department of Economics and Social Affairs. Division for the Advancement of Women. New York, NY. University Press Ltd.
• Zororo, M. (2011).Characteristics and Motivation in Female Entrepreneurship. Case of Botswana. University of Botswana Journal.