4.3.3. Education level
Table 4.4: Education level of respondents
|
Education level
|
DUTERIMBERE IMF SA
|
IMF UNGUKA SA
|
|
Ordinary level
|
3
|
15
|
-
|
-
|
|
High school, Senior six
|
1
|
5
|
4
|
20
|
|
Diploma
|
2
|
10
|
2
|
10
|
|
Bachelors' degree
|
14
|
70
|
14
|
70
|
|
Total
|
20
|
100
|
20
|
100
|
Source: Primary data
At DUTERIMBERE IMF SA, 15% went for 0' level, 5% have high
school leaving certificates, and 10% have diplomas while 70% have their
bachelors' degrees. A big majority have bachelor's degrees.
At IMF UNGUKA SA, the sample staff's qualifications are as
follows: 20% high school, 10% diploma, and 70% bachelors. The majority have
bachelor's degrees.
The above statistics show that microfinance organizations can
attract fresh graduates. People with Bachelor's degrees were more in both
cases. Organizations need employees with good education background, Rwandan
MFIs are capable of attracting such people, which apparently sounds good, the
only problem being that it could bring about challenges retaining such people
after they have had a good professional experience.
4.3.4. Age of respondents
Table 4.5: Age of respondents
|
Age brackets
|
DUTERIMBERE IMF SA
|
IMF UNGUKA SA
|
|
15 - 25
|
0
|
0
|
3
|
15
|
|
25 - 30
|
7
|
35
|
9
|
45
|
|
30 - 40
|
11
|
55
|
6
|
30
|
|
40 - 50
|
2
|
10
|
2
|
10
|
|
Total
|
20
|
100
|
20
|
100
|
Source: Primary data
At DUTERIMBERE IMF SA, 35% fall between 25 - 30years, 55% fall
between 30 - 40 years while 10% fall in the range of 41 - 50 years. It can be
deduced that the staff is generally young.
At IMF UNGUKA SA, 15% fall between 15 and26, 45% fall between 26
- 30years, 30% fall between 31 - 40 years while 10% fall beyond 40 years. The
staff is generally young as well.
The above statistics show that majority of employees are
young. Young, being relatively explained, it is normal in Rwanda to have one's
first job at 30 because the current generation experienced many stumbling
blocks in their education endeavors.
This implies that microfinance institutions do attract young
men and women who have just graduated from bachelor's degree programs or
majority of their employees join as senior six leavers and register evening
classes as they are working.
Attracting fresh graduates is not necessarily good or bad.
Employees may be young and
experienced much as they may lack professional
experience. In case they are experienced, there
is no issue. One may even
say that fresh from school is not always bad. However, one does not
always need fresh employees without a professional experience.
Why they come in big numbers also is interesting. It may be because they are
dying to have their first employment. They do not take care whether the
employer is good or bad at this level of their career.
4.3.5. Area of specialization
Table 4.6: Area of specialization
|
Area of specialization
|
DUTERIMBERE IMF SA
|
IMF UNGUKA SA
|
|
Economics
|
1
|
5
|
0
|
0
|
|
Accountancy
|
14
|
70
|
17
|
85
|
|
Other
|
5
|
25
|
3
|
15
|
|
Total
|
20
|
100
|
20
|
100
|
Source: Primary data
At DUTERIMBERE IMF SA, 5% studied economics, studied 70%
management /accountancy while 25% did other courses like IT. At IMF UNGUKA SA,
85% studied accountancy while 15% took other specializations which include
sociology, IT, Law.
Microfinance institutions need or employ people who studied
accountancy / management. They also need other specialization like economics,
IT, Law, sociology but in fewer numbers.
| 
