Main Article Content
Microfinance institutions have had their fair share of challenges, especially the ability of the women entrepreneurs to manage loans secured from the institutions. Thus, the study intended to examine the effectiveness of microfinance training content on women’s acquisition of financial skills in Kiambu County, Kenya. The study was guided by Pearson’s Theory of Gender Relations, The Endogenous Growth and Knowledge-Based Theories. It adopted mixed methods approach and thus applied exploratory research design. The target population comprised of 8 Credit Officers, 25 staff members, 1900 women in SHGs, 700 spouses and 100 Key Informants (Training Officers) all totaling to 2733. Using the Central Limit Theorem to obtain a sample of MFIs, that is, 25.0% of 8 MFIs and 295 respondents, that is, 10.9% of 2708, were selected. Purposive sampling was used to select two Credit Officers and 20 key informants (Training Officers). 190 women in SHGs and 83 spouses were selected using simple random sampling. Focus group discussions were used to collect data from women in SHGs and their spouses, interview schedules for women in SHGs, Credit Officers and spouses whereas questionnaires were used to gather information from Training Officers. Qualitative data was analyzed thematically along the study objectives and presented in narrative forms while the quantitative data was analyzed descriptively using frequencies and percentages with the help of Statistical Packages for Social Science (SPSS 23) and were presented using tables and charts. The study established that microfinance training content influence women’s acquisition of financial skills. Thus, the study recommends that training materials should be specifically designed to suit the content of training programmes in order to enhance faster understanding of concepts to be learnt.
This work is licensed under a Creative Commons Attribution 4.0 International License.
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.
Copyrights for articles published in IJIER journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.