MICROFINANCE TRAINING SERVICES AND FINANCIAL SUSTAINABILITY OF SMALL AND MEDIUM ENTERPRISES IN KAMPALA CENTRAL DIVISION, UGANDA

Section: Articles Published Date: 2023-06-21 Pages: 32-36 Views: 11 Downloads: 4

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Abstract

This study examines the relationship between microfinance training services and the financial sustainability of small and medium enterprises (SMEs) in Kampala Central Division, Uganda. It investigates the impact of training programs offered by microfinance institutions on the financial management practices, business performance, and long-term sustainability of SMEs. The study employs a mixed-methods approach, combining quantitative surveys and qualitative interviews with SME owners and microfinance trainers. The findings provide insights into the effectiveness of microfinance training services in enhancing the financial literacy, managerial skills, and access to financial resources for SMEs. The study contributes to the understanding of how targeted training interventions can contribute to the financial sustainability and growth of SMEs, thereby promoting economic development and poverty reduction in the region.

Keywords

Microfinance, training services, financial sustainability