Influence of Village Savings and Loan Associations Services on Growth of Women Entrepreneurship in Rubirizi District, Uganda

¹Amanya Judith, ²Tom Ongesa and ³Andrew, O. Nyakundi

    ^{1,2,3Faculty of Business and Management, Kampala International University, Uganda}

ABSTRACT

Women have actively participated in the economic development of many nations. This has compelled many organizations, both private and public, to establish vibrant economic strategies to boost these enterprises in the market. However, women owned enterprises have faced stiff competition in the market. Consequently, most of them collapse at infancy stage leaving many women languishing in poverty. This study sought to evaluate the influence of Village Savings and Loan Associations (VSLAs) on growth of women entrepreneurship in Rubirizi District, Uganda. The objectives were to: examine the influence of Loan sizes, assess the influence of Savings and determine the influence of Advisory services on growth of women entrepreneurship. The study was anchored on Resource Based Theory (RBT) and guided by conceptual framework. The study adopted quantitative research approach and descriptive research design. Target population was 3720 and sample of 361.The selection of respondents was done by use of stratified random sampling and Simple random sampling techniques. Questionnaire was used to collect the data and tests of validity (0.79) and reliability (0.701) were conducted. Multiple regression analysis technique with help of SPSS (Version24) was used to analyse the data. The results showed that the influence of loan sizes on growth of women entrepreneurship was statistically insignificant (t=.967, P=.334, P>0.05). The findings also revealed that the influence of both savings (t=-.7.052, P=..000,P<.05) and  Advisory services(t=9.118,P=.000,P<.05) were  statistically significant. Therefore, the study concluded that loans sizes have minimal influence on growth of women entrepreneurship while both savings and advisory services had great influences. The study recommended that women should be trained on savings and VSLAs should continue to promote advisory services. Also, VSLAs should not spend more efforts on loan sizes.

Keywords: Village Savings and Loan Associations, Services, Growth of women entrepreneurship.

CITE AS: Amanya Judith, Tom Ongesa  and Andrew, O. Nyakundi (2025). Influence of Village Savings and Loan Associations Services on Growth of Women Entrepreneurship in Rubirizi District, Uganda. IDOSR JOURNAL OF HUMANITIES AND SOCIAL SCIENCES 10(1): 12-21. https://doi.org/10.59298/IDOSRJHSS/2025/10112210000