Small Medium Enterprises (SMEs), Environmental Management and Poverty Reduction in Western Uganda
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Date
2019
Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Research and Innovation in Social Science (IJRISS)
Abstract
The study aimed at assessing the role of SMEs and
environment management in poverty reduction in Western
Uganda. The study a descriptive and correlation study design.
The data was collected by use of structured and closed ended
questionnaires. The findings revealed a strong association
between (SMES and environmental management) and poverty
reduction (r =.644; sig. <.05). The study found out that SMEs
lack access to innovative technologies, which are essential in
buttressing SME roles in poverty reduction. The study revealed
that very little financial resources are directly channeled to
SMEs amidst ever increasing interest rates on loans.
Government policies on SMEs are deficient in terms of technical,
technological, financial, and managerial and infrastructures
needed for effective contribution to economic growth and
poverty reduction. The study further suggest that SMEs can
resolve problems of poverty and unemployment if they can
access cheap capital. The study therefore recommends that
government should prioritize SME sector in budgets to enhance
its contribution to economic growth and poverty reduction.
Description
Keywords
SMES, Environment, Poverty Reduction, Western Uganda