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This research aims to examine how microfinance institutions (MFIs) impact financial inclusion and poverty alleviation among female entrepreneurs in Kenya's Coast Province.

February 26, 2026Open Access

Microfinance Institutions and Female Business Owners: A Mixed Methods Study on Financial Inclusion and Poverty Alleviation in Kenya's Coast Province,

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This research aims to examine how microfinance institutions (MFIs) impact financial inclusion and poverty alleviation among female entrepreneurs in Kenya's Coast Province.
Conducted qualitative semi-structured interviews with 30 female business owners
Administered quantitative surveys to 200 participants
Data collected across various districts in Coast Province
Analyzed barriers such as high-interest rates and collateral requirements
MFIs significantly increased access to formal financial services for female business owners
Economically marginalized women benefited most from MFIs
Highlighted challenges include high-interest rates and limited collateral options
Recommendations for stricter interest rate caps and better collateral support emerged

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Implication

Mixed methods study shows improved financial access for female business owners, suggesting enhanced regulatory measures.

Cite This Study

Mukundi et al. (2002) studied this question.

synapsesocial.com/papers/699fe31195ddcd3a253e6b24 https://doi.org/10.5281/zenodo.18752235

View Full Paper

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Microfinance Institutions and Female Business Owners: A Mixed Methods Study on Financial Inclusion and Poverty Alleviation in Kenya's Coast Province,

Key Points

Discussion

Implication

Cite This Study

Microfinance Institutions and Female Business Owners: A Mixed Methods Study on Financial Inclusion and Poverty Alleviation in Kenya's Coast Province,

Key Points

Discussion

Implication

Cite This Study

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