dc.contributor.author |
Ndirangu, Antony W. |
|
dc.contributor.author |
Terer, Christopher K. |
|
dc.date.accessioned |
2016-05-10T06:18:39Z |
|
dc.date.available |
2016-05-10T06:18:39Z |
|
dc.date.issued |
2016-04 |
|
dc.identifier.citation |
International Journal of Economics, Commerce and Management, United Kingdom Vol. I V , Issue 4 , April 2016 |
en_US |
dc.identifier.issn |
2348-0386 |
|
dc.identifier.uri |
http://ijecm.co.uk/wp-content/uploads/2016/04/4458.pdf |
|
dc.identifier.uri |
http://repository.seku.ac.ke/handle/123456789/2129 |
|
dc.description.abstract |
The Youth
Enterprise Development Fund (YEDF) was established in year 2006 with the sole
purpose of reducing unemployment among the youth
.
. In Ol Kalou Constituency, it is estimated
that 27% of youths are unemployed and only 9% are in wage employment the remainder w
ork
in the informal sector. This
study
was a descriptive research whose target population was 75
group leaders and three DDOs, and three DYOs in the Constituency. A sample of 63
respondents was drawn using simple random
sampling. Data was collected through
self
administered questionnaires and analyzed by descriptive analysis using SPSS
22
. The study
found that the disbursed loan amount is sufficient to improve the youth welfare, the grace period
given is sufficient, loan repayment duration has been sufficie
nt
. T
hey also agreed that the loan
amount lend leads to slow repayment of loan and that the avenues of payment are efficient. The
amount
of loans disbursed is adequate.
A
significant proportion of the groups had not received
training prior to being given l
oan. The study concludes that
government’s introduction of an
entrepreneurship development fund with a view of encouraging the youth to venture into self
-
employment, is very generous move
.
Training should be
given
to groups before any government
funding
.
A
dequate resources in terms of additional personnel and funds should be provided to
enable smooth monitoring of all funded youth groups. |
en_US |
dc.language.iso |
en |
en_US |
dc.publisher |
IJECM Pub UK |
en_US |
dc.subject |
Loan Repayment |
en_US |
dc.subject |
Youth Enterprise Development Fund |
en_US |
dc.subject |
Terms of Repayment |
en_US |
dc.subject |
Loan Characteristics |
en_US |
dc.subject |
Financial Literacy Training |
en_US |
dc.subject |
Group Characteristics |
en_US |
dc.title |
Determinants of repayment of youth enterprise development fund loans in Ol kalou constituency, Kenya |
en_US |
dc.type |
Article |
en_US |