Influence of Advisory Services on the Growth of Women Entrepreneurship in Rubirizi District, Uganda
Ongesa T. N.1 and Nyakundi A.2
1,2School of Business and Management, Kampala International University, Uganda
ABSTRACT
The participation of women in economic development of many nations has been vital. Their role in the economy has been addressed in many international, regional and national development goals, including Sustainable Development Goals (SDGs) of the United Nations. Consequently, many nations have initiated and supported entrepreneurial activities meant to uplift the status of women to move out of poverty (SDG1), attain gender parity (SDG 5) and reduce inequality (SDG10) in the economic possessions. In Uganda, this agenda is being implemented by Village Savings and Loan Association Services (VSLAs), among other initiatives. Despite these strategies, women in Uganda continue to languish in poverty. Most of their businesses collapse at infancy leaving many women economically hopeless more so in rural areas. This study therefore sought to assess the influence of advisory services on the growth of women entrepreneurship in Rubirizi District in Uganda. The study specifically sought to examine the extent to which advisory services influence growth of women entrepreneurship in Rubirizi District of Uganda. The study was anchored on a Resource Based Theory. The study adopted a quantitative approach while a descriptive research design was used to describe the respondents’ opinions numerically in statistical terms. The target population constituted 3720 participants from which a sample size of 361 was selected using Sloven formula. Primary data was collected using structured questionnaires framed on a Likert scale 1-5. Respondents were selected randomly using stratified and simple random sampling techniques. Quantitative data was analysed using descriptive and inferential statistics. Descriptive statistics analysed the responses obtained from the research questions while inferential statistics showed the influence of the independent variables on the dependent variable. The null hypothesis was tested at 0.05 significance level. The analysed data was displayed by use of suitable frequency distribution tables. The results showed that advisory services are statistically significant on growth of women entrepreneurship (t=9.118, P=.000, P<.05). The study concluded that there is a strong positive significant relationship between advisory services offered to women beneficiaries of VSLAs and growth of women entrepreneurship.
Keywords: Entrepreneurship, Advisory Services, Growth, Village Savings, Loan Associations
CITE AS: Ongesa T.N. and Nyakundi, A. (2024). Influence of Advisory Services on the Growth of Women Entrepreneurship in Rubirizi District, Uganda. NEWPORT INTERNATIONAL JOURNAL OF RESEARCH IN EDUCATION,4(2):11-20. https://doi.org/10.59298/NIJRE/2024/4211208