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close this bookMicroenterprise Financial Services: K-REP's Move Towards Mobilising Voluntary Savings (K-REP, 1996, 74 p.)
View the document(introduction...)
View the documentAcknowledgement
View the documentExecutive Summary
Open this folder and view contentsChapter One
Open this folder and view contentsChapter Two
Open this folder and view contentsChapter Three
View the documentCited References
View the documentAnnex 1: Tables extracted from the study
View the documentAnnex 2: Study Questionnaires

Annex 1: Tables extracted from the study

1.1 Gender of respondents

Gender

Frequency

Per cent

Male

505

62.5

Female

303

37.5

Total

809

100.0

1.2 Status of respondents

Status

Frequency

Per cent

K-REP clients

271

33.5

Non K-REP clients

538

66.5

Total

809

100.0

1.3 Location of enumeration

Location

Frequency

Per cent

Rural

271

33.5

Urban

538

66.5

Total

809

100.0

1.4 Type of business

Type

Frequency

Per cent

Trade

551

68.1

Manufacturing

113

14.0

Service

145

17.9

Total

809

100.0

1.5 Age distribution of business

Age of business

Frequency

Per cent

Up to 1 year

66

8.2

2 years

106

13.1

3 years

101

12.5

4 - 5 years

148

18.3

6 - 10 years

218

27.0

11 - 20 years

140

17.3

21 + years

28

3.5

Total

807

100.0

1.6 Days in month when businesses are open

Days open

Frequency

Per cent

Up to 15

13

1.6

16 - 20

16

2.0

21 - 23

2

0.2

24 - 26

327

40.4

27+

451

55.7

Total

809

100.0

1.7 Hours when business opens and closes every day

Opening Hour

Frequency

Per cent

Before 6 a.m.

17

2.1

6 - 7a.m.

316

39.2

8 - 9 am

433

53.7

Past 10 am

41

5.0

Total

807

100.0

Closing hour

Frequency

Per cent

Before 4 pm

5

0.6

4 - 5 pm

135

16.6

6 - 7 pm

465

57.1

8 - 9 pm

146

17.9

Past 10 pm

56

6.9

Total

807

100.0

1.8 Age distribution of respondents

Age of respondent

Frequency

Per cent

Up to 20 years

5

.6

21 - 30 years

249

30.9

31 - 40 years

366

45.4

41 - 50 years

132

16.4

51 - 60 years

42

5.2

Over 60 years

12

1.5

Total

806

100.0

1.9 Total number of respondent’s children

Total no. of children

Frequency

Per cent

None

127

15.6

1

121

14.8

2

153

18.8

3

118

14.5

4 - 5

170

20.9

6 and above

126

15.5

Total

815

100.0

1.11 Reasons for choice of bank

Reasons/Bank

KCB

BBK

Stanbank

National

Coop

Postbank

Total

Proximity

61 (9.8)

14 (2.2)

3 (0.5)

3 (0.5)

8 (1.3)

15 (2.4)

104 (16.7)

Stability of bank

35 (5.6)

49 (7.9)

7 (1.1)

7 (1.1)

4 (0.6)

2 (0.3)

104 (16.7)

Low opening balance

15 (2.4)

6 (1.0)

-

31 (5.0)

7 (1.1)

43 (6.9)

102 (16.4)

Easy A/C opening

10 (1.6)

4 (0.6)

3 (0.5)

4 (0.6)

1 (0.2)

11 (1.8)

33 (.3)

Known to bank officials

3 (0.5)

1 (0.2)

-

-

-

1 (0.2)

5 (0.8)

Influence of someone

17 (2.7)

18 (2.9)

4 (0.6)

11 (1.8)

2 (0.3)

2 (0.3)

54 (8.7)

Fast service

7 (1.1)

34 (5.5)

6 (1.0)

12 (1.9)

4 (0.6)

2 (0.3)

65 (10.5)

Easy to get credit

5 (0.8)

1 (0.2)

2 (0.3)

1 (0.2)

2 (0.3)

-

11 (1.8)

High interest on deposits

4 (0.6)

9 (1.4)

1 (0.2)

1 (0.2)

1 (0.2)

6 (1.0)

22 (.5)

No apparent reason

14 (2.2)

15 (2.4)

3 (0.5)

3 (0.5)

2 (0.3)

6 (1.0)

43 (6.9)

Special services

4 (0.6)

4 (0.6)

2 (0.3)

1 (0.2)

-

2 (0.3)

13 (2.1)

Only bank

17 (2.7)

-

-

-

-

3 (0.5)

20 (3.2)

Other reasons

9 (1.4)

8 (1.3)

2 (0.3)

4 (0.6)

7 (1.1)

15 (2.4)

45 (7.2)

Total

201 (32.4)

163 (26.2)

33 (5.3)

78 (12.5)

38 (6.1)

108 (17.4)

621 (100)

1.12 Sources of money for expenses (Entrepreneurs)

Source/Expense

Foreseen major exp.

Planned investments

Unforeseen major exp.

Unplanned bus. opport

Own saving

388 (50.3)

309 (42.1)

269 (35.4)

275 (39.1)

Lease/sale property

14 (1.8)

48 (6.5)

2 (0.3)

9 (1.3)

Sale liquid assets

-

2 (0.2)

1 (0.1)

1 (0.1)

Withdraw money

302 (39.2)

219 (29.8)

288 (37.9)

265 (37.7)

Seek assistance

5 (0.6)

2 (0.2)

33 (4.3)

13 (1.8)

Raise money

2 (0.3)

1 (0.1)

6 (0.8)

2 (0.3)

Borr. from rela.

14 (1.8)

25 (3.4)

93 (12.2)

54 (7.7)

Borr. from emp.

4 (0.5)

5 (0.7)

2 (0.3)

1 (0.1)

Borr. from mon lender

1 (0.1)

26 (3.5)

4 (0.5)

17 (2.4)

Borr. from fin. institu

2 (0.3)

45 (6.1)

10 (1.3)

26 (3.7)

Salaries

3 (0.4)

4 (0.5)

1 (0.1)

2 (0.3)

Insurance

8 (1.0)

-

6 (0.8)

2 (0.3)

other

28 (3.6)

48 (6.5)

22 (2.9)

36 (5.1)

Total

771 (100.0)

734 (100.0)

759 (100.0)

703 (100.0)

1.13 Sources of money for expenses (Nonentrepreneurs)

Source/Expense

Foreseen major exp.

Planned investments

Unforeseen major exp.

Own saving

148 (49.2)

101 (44.9)

80 (26.8)

Lease/sale property

8 (2.7)

16 (7.1)

6 (2.0)

Sale liquid assets

-

1 (0.4)

1 (0.3)

Withdraw money

17 (5.6)

18 (8.0)

31 (10.4)

Seek assistance

3 (1.0)

-

7 (2.3)

Raise money

11 (3.7)

12 (5.3)

52 (17.4)

Borr. from rela.

28 (9.3)

26 (11.6)

79 (26.4)

Borr. from emp.

2 (0.7)

5 (2.2)

3 (1.0)

Borr. from mon lender

6 (2.0)

14 (6.2)

8 (2.7)

Salaries

63 (20.9)

15 (6,7)

18 (6.0)

Insurance

6 (2.0)

1 (0.4)

5 (1.7)

other

9 (3.0)

16 (7.1)

9 (3.0)

Total

301 (100.0)

225 (100.0)

299 (100.0)