CERTIFICATE

IMPACT FACTOR 2021

Subject Area

  • Life Sciences / Biology
  • Architecture / Building Management
  • Asian Studies
  • Business & Management
  • Chemistry
  • Computer Science
  • Economics & Finance
  • Engineering / Acoustics
  • Environmental Science
  • Agricultural Sciences
  • Pharmaceutical Sciences
  • General Sciences
  • Materials Science
  • Mathematics
  • Medicine
  • Nanotechnology & Nanoscience
  • Nonlinear Science
  • Chaos & Dynamical Systems
  • Physics
  • Social Sciences & Humanities

Why Us? >>

  • Open Access
  • Peer Reviewed
  • Rapid Publication
  • Life time hosting
  • Free promotion service
  • Free indexing service
  • More citations
  • Search engine friendly

Financial interventions for new business venture start-ups: enhancing small businesses for women and youth in Baringo County, Kenya

Author: 
Koech Joseph, C.
Subject Area: 
Social Sciences and Humanities
Abstract: 

Enterprise development interventions refer to programs that provide business-focused solutions to help entrepreneurs in the developing world work their way out of poverty. They provide an intelligent mix of counselling, training and consultancy; financial interventions; infrastructural development and legal and regulatory framework helping people to work their way out of poverty. This paper examines the role of financial interventions in enhancing the growth of new venture start-ups based on a study of women- and youth-owned new enterprises in Baringo County, Kenya. The study adopted a survey research design targeting a population of 1049 respondents from which a sample of 281 was randomly selected. Data was collected using questionnaires and data sheet and analyzed using both descriptive and inferential statistics. The research findings established that women and youth entrepreneurs accessed funds to start their businesses in form of loans, personal savings, grants, finance from leasing, and finance from Equity bank and other agents. Most of the entrepreneurs were, however, not aware of grant availability in the national and county governments. As a result, very few of them had ever applied for these grants. Moreover, most of those who had applied and gotten the loan said they were not satisfied by the loans because the amount of collateral required was high. Nevertheless, most of the respondents admitted that loan availability, status of the grace period on loans, reimbursement periods and the complexity of application procedures had improved over time. They nonetheless lamented that the interest rates had in fact deteriorated. The study established that there is a significant relationship between financial interventions and new venture start-ups (p=0.005). To mitigate the above challenges, the county government of Baringo should come up with interventions that address issues of access to finances by women and youth entrepreneurs. The county government should also give the women and youth business owners a favourable environment to enable them to undertake their business ventures successfully.

PDF file: 

ONLINE PAYPAL PAYMENT

IJMCE RECOMMENDATION

Advantages of IJCR

  • Rapid Publishing
  • Professional publishing practices
  • Indexing in leading database
  • High level of citation
  • High Qualitiy reader base
  • High level author suport

Plagiarism Detection

IJCR is following an instant policy on rejection those received papers with plagiarism rate of more than 20%. So, All of authors and contributors must check their papers before submission to making assurance of following our anti-plagiarism policies.

 

EDITORIAL BOARD

Dr. Swamy KRM
India
Dr. Abdul Hannan A.M.S
Saudi Arabia.
Luai Farhan Zghair
Iraq
Hasan Ali Abed Al-Zu’bi
Jordanian
Fredrick OJIJA
Tanzanian
Firuza M. Tursunkhodjaeva
Uzbekistan
Faraz Ahmed Farooqi
Saudi Arabia
Eric Randy Reyes Politud
Philippines
Elsadig Gasoom FadelAlla Elbashir
Sudan
Eapen, Asha Sarah
United State
Dr.Arun Kumar A
India
Dr. Zafar Iqbal
Pakistan
Dr. SHAHERA S.PATEL
India
Dr. Ruchika Khanna
India
Dr. Recep TAS
Turkey
Dr. Rasha Ali Eldeeb
Egypt
Dr. Pralhad Kanhaiyalal Rahangdale
India
DR. PATRICK D. CERNA
Philippines
Dr. Nicolas Padilla- Raygoza
Mexico
Dr. Mustafa Y. G. Younis
Libiya
Dr. Muhammad shoaib Ahmedani
Saudi Arabia
DR. MUHAMMAD ISMAIL MOHMAND
United State
DR. MAHESH SHIVAJI CHAVAN
India
DR. M. ARUNA
India
Dr. Lim Gee Nee
Malaysia
Dr. Jatinder Pal Singh Chawla
India
DR. IRAM BOKHARI
Pakistan
Dr. FARHAT NAZ RAHMAN
Pakistan
Dr. Devendra kumar Gupta
India
Dr. ASHWANI KUMAR DUBEY
India
Dr. Ali Seidi
Iran
Dr. Achmad Choerudin
Indonesia
Dr Ashok Kumar Verma
India
Thi Mong Diep NGUYEN
France
Dr. Muhammad Akram
Pakistan
Dr. Imran Azad
Oman
Dr. Meenakshi Malik
India
Aseel Hadi Hamzah
Iraq
Anam Bhatti
Malaysia
Md. Amir Hossain
Bangladesh
Ahmet İPEKÇİ
Turkey
Mirzadi Gohari
Iran