Microfinance Institution Services And Sustainability Of Retail Businesses In Kansanga Trading Centre

ABSTRACT

The purpose of study is to show microfinance institution services on the sustainability of retail businesses in Kansanga Trading Centre. The study was guided by the following objectives; to examine the services offered by microfinance institutions to retail businesses in Kansanga Trading centre, to find out the level of sustainability of retail businesses in Kansanga Trading Centre, and to find out relationship between microfinance institution services and sustainability of retail businesses in Kansanga Trading Centre.The hypothesis of the study was “There is no relationship between microfinance institution services and sustainability of retail businesses in Kansanga Trading Centre. The study used both qualitative and quantitative designs to analyze and present data while inferential statistics was used to determine the relationship between MFIs and sustainability of retail businesses in Kansanga trading centre in terms of simple correlation or regressions analysis and a self administered questionnaire was used for data collection. Findings revealed that the respondents’ views were always without fail 3 1(30.9%), almost all the time 30 (29.7%), and sometimes 30 (29.7%) implying that most of the retail businesses in Kansanga Trading Centre have access to credit and have used it to expand and sustain their businesses. Descriptive analysis by use of the mean and the findings showed that level of sustainability were moderate evidenced by the mean of 3 :27.Futher analysis was analyzed by use of correlation and the findings were; there is a relationship between microfinance institution services and sustainability of retail businesses in Kansanga Trading Centre. This was because the p-value of 0.000 was less than a=0.01. Therefore the null hypothesis was rejected and the alternative accepted. There was a strong positive relationship between microfinance institution services and sustainability of retail businesses in Kansanga Trading Centre. Due to other results from other areas of study, these included the integrated public policy the value chain members in the industry, a national dialogue on responsible consumption, the corporate culture, related innovations and the licenses to operate.