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    Realizing equal opportunities among youth groups in accessing government financial credit facilities

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    ijsse_v1_i7_699_712.pdf (87.11Kb)
    Date
    2013
    Author
    Kubaison, Simon Thiaine
    Ibuathu, CN
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    Abstract
    Theaimof thestudy was to determine opportunities available to organized youth groups inaccessing governmentfundingto ensure equity in facing life challenges. Many youths afterleavingschool find themselves jobless due to shrinking economic activities. While thisphenomenon is not unique in third world countries alone, it is a global concern in the 21stcentury.Thestudy objectives were to: determine mechanisms functional youth groups hadinstituted to access government funding; assess the level of business management skillspossessed by youth groups in running their businesses and find out the major hindrances youthgroups experienced in accessing credit facilities from the government.This study was carried outin Tigania East and West Sub-counties. Itadoptedstratified sampling technique to target 6registered youth groups with asampleof 120 participants. The study adopted descriptiveresearch design and employed questionnaires and interview schedules. The main findingsincluded: youth groups were required to write business proposals to access credit, which theypaid some teachers and personnelin cyber café to write at a fee; no collaterals were requiredexcept group’s certificate of registration with social services; most of youth group membersshared the money among them and did not have a functional group project; majority of theyouths preferred working aloneas opposed to group project which they blamed of tight rules.Practically, the study enlightened the need for youth groups to be trained on essence of synergywork while embracing modern technology to group challenges. The parent ministry in charge ofyouth would find the study useful in the formulation of future plans aimed at strengtheningtraining in imparting relevant business skills to youths.Finally, the study formed a basis onwhich other scholars could develop their studies in future
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    http://repository.must.ac.ke/handle/123456789/1207
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