The study assessed the contribution of micro-credit in enhancing the welfare of households in Kayunga district. Data was collected from 240 study participants of which 120 were micro-credit participants and another 120 were non-participants in micro-credit programs. Complementary data was collected from 6 key informants and 3 focus group discussions, two of which were for participants in microcredit programs while one was for the non-participants in microcredit programs. The findings further revealed that nine in ten microcredit beneficiary households reported improved incomes as compared to six in every ten non-microcredit households. Participants in micro-credit programs had better opportunities to increase their incomes than the non-participants in microcredit programs. Additionally, it was found that slightly over half of the microcredit participants had their capacity to educate their children enhanced as compared to a quarter of the non-participant households that reported increased capacity to send and keep their children in school.

Read more

Source: School of Social Sciences, College of Humanities and Social Sciences (CHUSS)