1. An Assessment of the Imapct of Microfinance Services in Uganda
- Author:
- Carolyn Barnes and Gayle Morris
- Publication Date:
- 12-2003
- Content Type:
- Working Paper
- Institution:
- The National Academy of Public Administration (NAPA)
- Abstract:
- Using three microfinance institutions (FINCA , FOCCAS, PRIDE) in Uganda, this paper focuses on the impact of microfiance program participation and profiles the clients who participate in these programs. The research covers clients and a non-client comparison group in rural Mbale district, the capital city of Kampala, and Masaka town and its periphery. The two-staged survey was conducted in late 1997 and repeated during the same months in 1999. The assessment conclude s that microfinance program participation has the following positive characteristics on client microenterprises: addition of new products and services, improved or expanded enterprise sites and markets, reduced costs of inventory purchases, and increases in sales volume. Household-level impacts include: began new enterprise, increased amount spent on durable assets and agricultural inputs, increased amount of cultivated agricultural land, and increased amount of household income from crops. The findings also suggest that microfinance programs help client households reduce their financial vulnerability through diversification of income sources and accumulation of assets.
- Topic:
- Development, Emerging Markets, and Third World
- Political Geography:
- Uganda, Kampala, and Masaka