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The Role of Micro-Finance Institutions to the Growth of ...

International Journal of Academic Research in Accounting, Finance and Management Sciences Vol. 4, , October 2014, pp. 249 262 E-ISSN: 2225-8329, P-ISSN: 2308-0337 2014 HRMARS The Role of Micro-Finance Institutions to the Growth of Micro and Small Enterprises (MSE) in Thika, Kenya (Empirical Review of Non-Financial Factors) Paul Munene MUIRURI Department of Commerce and Economic Studies Jomo Kenyatta University of Agriculture and Technology Nairobi, Kenya, E-mail: Abstract Micro and small enterprises (MSE) known as Jua Kali are the biggest employer in Kenya and accounts for 10 million and million of this number are in the informal sector. It also continues to employ more each year at an average rate of about two percent (ICPAK, 2010). This research report present specific insights on the contribution of microfinance service to the Growth of MSEs in developing countries. The study sought to investigate the role of microfinance Institutions on Growth of micro and small enterprise (MSE) in Thika Municipality, Kenya.

International Journal of Academic Research in Accounting, Finance and Management Sciences Vol. 4, No.4, October 2014, pp. 249–262 E-ISSN: 2225-8329, P-ISSN: 2308-0337

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