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Contribution of microfinance on women empowerment case study of Vision Finance company ltd Nyaruguru

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par Albert RUTAYISIRE
Protestant institute of arts and social sciences - Bachelor's degree in Business studies with education 2016
  

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3. 4. POPULATION OF THE STUDY

The target populations were all beneficiaries of Vision Finance Company Ltd 919 clients in Nyaruguru district specifically Kibeho sector (82clients), Cyahinda sector (149clients), Rusenge sector (132clients), Muganza sector (168clients), Nyagisozi sector (154clients), and Ngera sector (234clients). The clients from these sectors were chosen to represent other groups due to the limited time and the fact that Vision Finance Company Ltd had within that period planned a meeting with that group helped the researcher to meet each group of respondents at a time and within short period.

3.5. SAMPLE SIZE AND SAMPLING TECHNIQUES

3.5.1. SAMPLE SIZE

According to (William G. Cochran, 1997: 126) a sample is a part of population which is deliberately selected for the purpose of investigation. Here the sample size was drawn from both the staff and clients of through Vision Finance Company Ltd Nyaruguru. However, the study of whole population was not possible due to limited time and resources.

According to Glen, D. Israel (2009) the following formula is used to determine sample size

SS no=

Where Z= is a confidence level of 90% value 1.645,

P= percentage picking a choice expressed as decimal 0.5

C= confidence interval expressed as decimal of 0.1

SS= simple size

no= the sample size for a defined population

N= target population

That is why

no=

SS =63.37

The researcher as used 64 clients as a sample to represent the whole population, however the researcher interviewed key members of Kibeho, Cyahinda, Rusenge, Muganza, Nyagisozi, Ngera Through Vision Finance Company Ltd, Microfinance Institution for their view. The purpose was to limit the sample size to 64 persons.

Table 1: Respondents numbers in the Sectors

Sectors

Total number of clients

Sample

Kibeho

82

6

Cyahinda

149

10

Rusenge

132

9

Muganza

168

12

Ngera

234

16

Nyagisozi

154

11

Total

919

64

3.5. 2. SAMPLING TECHNIQUES

A purposive sampling method Purposive sampling is a technique widely used in qualitative research for the identi?cation and selection of information-rich cases for the most effective use of limited resources (Patton 2002). The goal of purposive sampling is not to randomly select units from a population to create a sample with the intention of making generalizations from that sample to the population of interest. The researcher conducted study with purpose in mind and targeted specific predetermined groups of women clients in Vision Finance Company Ltd IMF. Six women groups were selected and from them 6 are from Kibeho, 10 clients from Cyahinda, 9 are from Rusenge, 12 are from Muganza, 16 clients are from Ngera, and 11 clients from Nyagisozi. Those clients were selected to fill the questionnaires. This method was useful to the researcher in way that it enabled him to target specific group which has basic information that he believed to be critical for the research.

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