IJMT Volume 4, Issue 3 ISSN: 2249-1058
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A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
Indexed & Listed at: Ulrich's Periodicals Directory ©, U.S.A., Open J-Gage, India as well as in Cabell’s Directories of Publishing Opportunities, U.S.A.
International Journal of Marketing and Technology
http://www.ijmra.us
123
March
2014
CHALLENGES AND OPPORTUNITIES OF YOUTH
ENTERPRISE DEVELOPMENT FUND IN EMPLOYMENT
CREATION IN KISUMU WEST SUB-COUNTY
Tom Mboya Awiti
*
Adrian Mukhebi*
Maria Onyango*
N. B. Okelo
**
,
ABSTRACT
This paper establishes the challenges and opportunities of youth enterprise development fund on
employment creation for youths in Kisumu West district. The study adopted a descriptive survey
design. A sample of 30 youth groups was selected out of 45 groups in the district through
random sampling technique. Three hundred and eighty four (384) youths have been sampled by
the study that was also picked randomly to ensure that everybody had a chance to be selected for
the study. Stratified random sampling was used to select clusters which include youth groups,
youths and government officers. The study found out that YEDF led to growth of business
enterprises, creation of employment, improved livelihood, efficiency in financial management
through checks and balances. In addition, YEDF was found to face challenges such as inadequate
funding, lengthy disbursement procedures, and inability of youths to pay back loans among
others. The study recommended that the disbursement process be shortened, funding be
increased and more awareness be created to sensitize youths on the importance of the fund.
*
School of Business and Economics
**
School of Mathematics and Actuarial Science
Jaramogi Oginga Odinga University of Science and Technology. P.O. Box 210-40601, Bondo,
Kenya.