Browsing by Author "Ajadribo, Philliam"

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    Microfinance services and women empowerment in Maracha district, Uganda
    (Muni University, 2025-10-22) Ajadribo, Philliam
    This study examined the relationship between microfinance services and women empowerment in Maracha District, Uganda. The objective was to determine the relationship between microloan access, Savings Accounts, Financial literacy training, and women empowerment. A descriptive and correlational design was employed, utilizing both quantitative and qualitative methods to ensure methodological triangulation. Data were collected from a sample of 198 respondents, using an explanatory sequential approach in which qualitative data were collected and analyzed following the quantitative phase to augment the initial findings. Women beneficiaries were selected via simple random sampling, while managers from Savings and Credit Cooperative Organizations (SACCOs) and BRAC were selected using purposive sampling. Data collection methods included questionnaire surveys and Interviews. Quantitative data were analyzed using descriptive statistics and Spearman’s rank-order correlation. Qualitative data were examined thematically. The findings revealed a moderate positive correlation between microloans and women empowerment (r=0.355, p<.000), a weak positive relationship between savings accounts and women's empowerment (r=0.203, p<.000), and a moderate positive correlation between financial literacy training and women empowerment (r=0.495, p<.001). The study concludes that microfinance services offered by financial institutions affect women empowerment in Maracha District, Uganda. It recommends mandatory financial literacy training for loan recipients, the integration of savings accounts with microloan programs, and the expansion of financial education to promote long term economic independence for women.