Entrepreneurial Education in Financial Management and Performance of Youthowned Micro and Small Enterprises in Bungoma County, Kenya
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Date
2018-12Author
Nyachoti, E. O.
Machuki, V.
Oteki, Evans B.
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The objective of the study was to establish the influence of entrepreneurial education on the performance of youth-owned Micro and Small businesses in Bungoma County. The study used descriptive survey. The study focused on all the 475 MSEs youth groups that benefitted from the government YEDF loan and a sample of 95 groups was used. Primary data was collected using well thought-out questionnaires comprising closed-ended questions. Filling of the questionnaires were done by the manager of the MSEs which were dropped and were picked later. The quantitative data items of the questionnaire were assigned ordinal values and analyzed using statistical frequency tables and percentages. Inferential data analysis was done using Pearson correlation coefficient and regression analysis (multiple regression analysis) and the analysis was facilitated by the Statistical Package for Social Sciences (SPSS Version 25.0). The findings were presented in tables. The study found that majority of youths were conversant with financial budgeting, book keeping practices and costing and pricing of goods that enhanced the performance of youth-owned micro and small enterprises Bungoma County. The study recommends that that innovations and mentorship programs that are adopted by mentors in social support groups should consider embracing evaluation models, implemented in a periodic phase to help in monitoring the progress of entrepreneurs who are participating The study recommends also that the policy makers who interested in enhancing the performance of Youth Related Businesses should focus on offering achievement motivation training to potential and existing youth entrepreneurs.
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https://www.paperpublications.org/upload/book/Entrepreneurial%20Education-1281.pdfhttp://hdl.handle.net/123456789/4650
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- Journal Articles (BE) [326]