Abstract:
This study assessed the socio-economic impact of the Women Enterprise Fund (WEF) in Miambani Ward, Kitui County, Kenya. WEF was introduced to expand women’s access to affordable credit and promote empowerment, yet its effectiveness at the community level has not been fully established. The study was guided by the following objectives; to describe the socio-demographic status of women who access the Women Enterprise Fund, to examine the effects of the fund on women socio-economic status and to identify the challenges women, face in accessing and utilization of Women Enterprise Fund. The study was justified by the need to generate localized evidence to guide policy and improve women’s access to finance in rural areas. A cross-sectional research design within a mixed- method approach was adopted. The target population comprised 152 women in 8 women groups, from which 64 were sampled using probability proportional to size. Data were collected using questionnaires, focus group discussions, and key informant interviews. Additional insights were obtained from a WEF officer, a local bank officer, and a spouse of a beneficiary. Findings indicated that WEF improved women’s ability to pay school fees, meet household needs, and initiate small businesses, enhancing welfare, confidence, and participation in decision-making. However, small loan amounts, strict repayment schedules, and group defaults limited outcomes. Education, age, and marital status strongly influenced access and utilization. The study concludes that WEF positively contributes to women’s socio-economic empowerment but faces structural and socio-cultural barriers. It recommends larger loans, flexible repayment terms, and enhanced training and monitoring. The study was limited to Miambani Ward, which may constrain generalizability, but it provides valuable insights into WEF’s role in similar rural contexts.
