Women Guarantee Fund as Strategy for Poverty Reduction A Case Study of National Womens Council in Kayonza District

ABSTRACT 

This report is a result of an academic research entitled the role of Women Guarantee Fund as a strategy for poverty reduction a case study National Women Council in Kayonza district. The objectives of the study were to identify the ways in which women are financed to overcome poverty, to find out the contribution of Women Guarantee fund offered to the socio-economic welfare of beneficiaries and to find out the limitations faced by the beneficiaries in accessing the credit. To test hypothesis, purposive sampling was used to sample the population of the study. Instruments used to collect primary data included the questionnaire and interview guide while tables were used in presentation and analysis of data. It was discovered that Women Guarantee is not known to women. The researcher found out that the fund contributed a lot the improvement of socio-economic conditions of the beneficiaries because they afforded education, employment, medical insurance, food security, improvement of living standards and empowerment. The limitations faced by the beneficiaries include among others collateral securities, high interest rates, low or no savings, low skill of business management, illiteracy and many others. The researcher recommended among others to train and sensitize women on Women Guarantee Fund so as to make it known beneficiaries and recommended to the government to review interest rates and collateral policy to ease the poor women so as to access the loan/credit.

TABLES OF CONTENTS

Chapters Pages

DECLARATION .ii

APPROVAL iii

DEDICATION iv

ACKNOWLEDGEMENT v

ABSTRACT viii

TABLES OF CONTENTS ix

List of Figures xii

LIST OF TABLES xiii

CHAPTER ONE 1

INTRODUCTION 1

1.0 Overview 1

1.1 Background of the study 1

1.2 Statement of the problem 3

1.3 Objective of the study 4

1.3.1 General Objective 4

1.4 Hypothesis of the study 4

1.5 Scope and Area of study 4

1.6 Significance of the study 5

1.7 Organization of the study 5

1.8 CONCEPTUAL FRAMEWORK 6

CHAPTER TWO 7

LITERATURE REVIEW 7

2.0 Overview 7

2.1 Identify the ways in which women are finance to overcome poverty 7

2.2 Contribution of women guarantee fund on socio-economic welfare.10

2.5 THE POSITION OF A WOMEN IN SOCIETY 13

2.6 MECHANISMS OF EMPOWERING WOMEN IN OTHER COUNTRIES 16

2.6.1 Ghana: Empowering Rural Women and Alleviating Poverty 16

2.6.2 Economic Empowerment of Women in Liberia 16

2.6.3 Successful loan in Kenya 17

2.7 POVERTY 18

2.7.2 Measurement of poverty 20

CHAPTER THREE: METHODOLOGY 22

RESEARCH METHODOLOGY 22

3.1 Overview 22

3.2 Study population 22

3.3 Sampling design 23

3.5 Research Design 24

3.6 Data collection Instruments 25

3.7 Procedure 25

3.8 Data Processing and Analysis Techniques 25

3.9 Limitations of the study 26

3.10 Summary 26

CHAPTER FOUR 27

PRESENTATION AND ANALYSIS OF THE FINDINGS 27

4.0 overview 27

4.1 Types of Business financed by Bank Populaire du Rwanda Kayonza Branch 28

4.2.1 Income Growth 30

4.3 Contribution of WGF on socio-economic development of Kayonza District 31

4.3.1 Limitations expressed by the management of Bank populaire du Rwanda Kayonza 33

4.3.3 Mechanisms used by Kayonza district to overcome the limitations 35

4.4 Summary 35

CHAPTER FIVE 36

DISCUSSIONS, CONCLUSION AND RECOMMENDATIONS 36

5.0 Overview 36

5.1 Discussion of the Findings 36

5.2 Conclusion .39

5.3 Hypothesis tested 40

5.4 Recommendations 40

5.5 Areas for Further Research 41

REFERENCE 42

APPENDIX 44