Strategy Adoption and Women Entrepreneurs in Accessing Credit Facilities In Kenyan Financial Institutions-A Case of Women Entrepreneurs in Komala Municipality, Kisumu County (Published)
The general objective of this study was to find out the influence of strategies adopted by women entrepreneurs to access credit facilities. The target population was 600 business units owned by women entrepreneurs in Komala. A systematic random sampling design was used. Data was collected through structured questionnaires which were personally administered by the researcher. The study found out that group formation enhanced social collateral and hence enabled women who did not have physical collateral access loans. Many respondents who knew how to write business proposal accessed credit while those who accessed credit had to have bank accounts
Keywords: Bank Account Opening, Strategies Adopted Business Proposal, Women Entrepreneurs, Women Groups