INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Abstract: The main objective of the study was to assess the significance of access to finance and Micro, Small and Medium Sized Enterprises (MSMEs) development in rural areas, case of Nyamasheke District, Rwanda. It has used both primary and secondary data. The study was descriptive and correlational design. Primary data were collected from 152 MSMEs in Nyamasheke district which has active loan from financial institutions (2022). Data were collected using questionnaire, and documentation. Data were presented in form of descriptive and inferential statistics as an outcome of the use Statistical Package for Social Scientist (SPSS). Specific analysis. Overall analysis has explained that access to finance signify 75.6% of Micro, Small and Medium Sized Enterprises (MSMEs) development in rural areas (r=0.756 strong correlation with p-value=0.00 less than 5% meaning statistical significance of the correlation between independent and dependent variable). Therefore, the formulated H1 starting that the there is no positive significance of access to finance and Micro, Small and Medium Sized Enterprises (MSMEs) development in rural areas. Case of Nyamasheke District was not accepted.
Keywords:
Keywords: Significance; Access to finance; MSMES development; rural areas.
Cite Article:
"SIGNIFICANCE OF ACCESS TO FINANCE AND MSMES DEVELOPMENT IN RURAL AREAS. CASE OF NYAMASHEKE DISTRICT, RWANDA", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 8, page no.9-14, August-2022, Available :http://www.ijnrd.org/papers/IJNRD2208003.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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