Journal of Emerging Trends in Economics and Management Sciences: Home

Article Title:
Linking Financial Inclusion To Entrepreneurial Growth: A Study On Capacity Building For Ugandan Micro-Entrepreneurs
by Namulondo Magida, Wakooba Christopher, Opila John Bosco, Dr. Aina-Obe Shamsuddin Bolatito Ph.D

Abstract:
This study explores the correlation between financial access and entrepreneurial development among micro-entrepreneurs in Uganda, emphasizing capacity building. Micro-entrepreneurship is vital to Uganda?s economy, especially in alleviating unemployment and poverty. With Uganda?s advancing development agenda, the Parish Development Model (PDM) offers a new perspective on how localized, inclusive finance and training programs can enhance grassroots entrepreneurship. This government-led initiative decentralizes service delivery and incorporates financial inclusion and capacity building at the parish level. Nevertheless, restricted financial access and inadequate institutional support continue to pose substantial obstacles. This research employs a mixed-methods approach, integrating surveys, interviews, and secondary data analysis, to examine the impact of financial inclusion and business training on the growth and sustainability of micro-enterprises through government interventions such as PDM. The findings indicate that PDM-supported initiatives substantially enhance access to credit, improve business skills, and promote enterprise development at both the parish level, the smallest administrative unit, and nationally. The results demonstrate that access to financial services, including PDM, particularly when combined with organized capacity-building initiatives, markedly enhances business performance. The study also provides actionable recommendations for policymakers and development stakeholders seeking to enhance Uganda's entrepreneurial ecosystem.

Keywords: Financial Inclusion, Entrepreneurial Growth, Capacity Building, Micro-Entrepreneurs, Uganda

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