The Contribution of Microfinance Services on Youth Development in Uganda a Case Study of Pride Micro Finance Rubaga Division

Abstract

Micro finance refers to the provision of financial services to low-income clients, including consumers and the self-employed. The term also refers to the practice of sustainably delivering those services.

Objectives of the study: Contribution of micro training on its development, Contribution of micro credit, and Contribution of micro saving on its development. And the case study was Rubaga division. Methods used for data collection were questionnaires and interview guides.

Respondents: these were attended to by 50 respondents

Microfinance increases both economic opportunity and self-reliance for the recipient. Youth are often specifically targeted for varying reasons, such as high level of youth poverty, high repayment rates among youth and contribution of youth to economic growth.

Youth development is the recognition of an opportunity to create value, and the process of acting on this opportunity, whether or not it involves the formation of new entity. While concepts such as “innovation” and “risk taking” is usually associated with development.

Therefore, this dissertation gives a general overview on the contribution of microfinance services on youth development in Uganda.

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