Research method methodology Proposal Example | Topics and Well Written Essays - 3000 words

Method methodological analysis - Research Proposal ExampleBy structures we mean primarily banks and other financial institutions, insurance companies, assurance funds, investment houses, stock exchange and savings and credit cooperative societies (Saccos). Microcredit is offered through Saccos to boost the governments endeavor in availing financial go and create a vibrant and globally emulous financial sector that will create jobs and also promote high level of savings. Microcredit is ways of empowering citizens with attention to stabilize their investments to enable them prosper and improve their standards of living. It also contributes to entrepreneurs spirit by provision of advice and close supervise of their businesses or investments. Statement of the problem Before the introduction of micro credit institutions, banks were the only financial institutions fling financial services. Due to the collusive oligopoly situation created by banks their services became only accessible to a genuine group of people who had a high level of income. Their spare-time activity rates and the limited amount to be borrowed were high and one required collateral to qualify. The accessibility of their bank loans and close monitoring of their investment was a problem for many investors. ... res why citizens have not yet fully taken emolument of this incentive yet the introduction of this SACCOs was aimed at raising their financial capabilities through investment. General objective The of import objective of the project is to evaluate how microcredit institutions have facilitated in eradication of poverty in many countries. detail objectives To implant whether the micro credit loans are easily accessible to as many citizens world wide, to establish whether citizens once granted the loans, utilize the same in investment and if so, do they save the returns from investment? To act upon whether the investments improve their wellbeing status in the society, that is, to reduc e the absolute poverty levels in the community. To establish whether the interest rates on the loans offered by the microcredit hinders them from expanding their business ventures and to find out the relationship between micro-finance institution services and business growth. Limitations of the study Limited time to collect enough data may result to unretentive information thus affect overall outcome. Data collection and documentation will require sufficient financing which if not amply provided may adversely affect the efficiency of data colllection. Some respondents may not be willing to give accurate information due to little knowledge in areas of research. Significance of the Study The study will be of great import to the citizenry to appreciate the aim of micro-credit departments in Saccos. The study will help micro-credit institution clearly understand where they are failing as far as small business operations are concerned and improve on their topical practices. The stud y will help the government appreciate the role played by micro-credit on instruction of small businesses and