Financial inclusion in rural Uganda: The role of social capital and generational values

The purpose of this paper was to examine how variations in social capital across generations promote financial inclusion among the poor in rural Uganda. Data were collected from a sample of 200 poor households located in Mukono district and processed using ordinary least square regression and ANOVA...

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Main Authors: George Okello Candiya Bongomin, John C. Munene, Joseph Ntayi Mpeera, Charles Malinga Akol
Format: Article
Language:English
Published: Taylor & Francis Group 2017-01-01
Series:Cogent Business & Management
Subjects:
Online Access:http://dx.doi.org/10.1080/23311975.2017.1302866
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author George Okello Candiya Bongomin
John C. Munene
Joseph Ntayi Mpeera
Charles Malinga Akol
author_facet George Okello Candiya Bongomin
John C. Munene
Joseph Ntayi Mpeera
Charles Malinga Akol
author_sort George Okello Candiya Bongomin
collection DOAJ
description The purpose of this paper was to examine how variations in social capital across generations promote financial inclusion among the poor in rural Uganda. Data were collected from a sample of 200 poor households located in Mukono district and processed using ordinary least square regression and ANOVA to examine how variations in social capital across generations promote financial inclusion of the poor in rural Uganda. The results generated indicate that variations in social capital components across generations significantly and positively affect financial inclusion of the poor in rural Uganda. The paper makes a significant contribution to existing body of literature by showing that variations in social capital across generations can cause an effect in financial inclusion of the poor, especially in rural Uganda. Managers of financial institutions should consider generational values in promoting financial inclusion. Specifically, they should design social financial products and services that can boost collective action in order to promote financial inclusion of the poor, especially in rural Uganda.
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spelling doaj.art-7faaab13af7f4399911872dbade577452022-12-21T20:30:48ZengTaylor & Francis GroupCogent Business & Management2331-19752017-01-014110.1080/23311975.2017.13028661302866Financial inclusion in rural Uganda: The role of social capital and generational valuesGeorge Okello Candiya Bongomin0John C. Munene1Joseph Ntayi Mpeera2Charles Malinga Akol3Makerere University Business School (MUBS)Makerere University Business School (MUBS)Makerere University Business School (MUBS)Bank of Uganda (BoU)The purpose of this paper was to examine how variations in social capital across generations promote financial inclusion among the poor in rural Uganda. Data were collected from a sample of 200 poor households located in Mukono district and processed using ordinary least square regression and ANOVA to examine how variations in social capital across generations promote financial inclusion of the poor in rural Uganda. The results generated indicate that variations in social capital components across generations significantly and positively affect financial inclusion of the poor in rural Uganda. The paper makes a significant contribution to existing body of literature by showing that variations in social capital across generations can cause an effect in financial inclusion of the poor, especially in rural Uganda. Managers of financial institutions should consider generational values in promoting financial inclusion. Specifically, they should design social financial products and services that can boost collective action in order to promote financial inclusion of the poor, especially in rural Uganda.http://dx.doi.org/10.1080/23311975.2017.1302866bonding and bridging social capitalcollective actionfinancial inclusionpoor householdsgenerational valuesmicrofinancerural ugandatrustsocial structurereciprocation
spellingShingle George Okello Candiya Bongomin
John C. Munene
Joseph Ntayi Mpeera
Charles Malinga Akol
Financial inclusion in rural Uganda: The role of social capital and generational values
Cogent Business & Management
bonding and bridging social capital
collective action
financial inclusion
poor households
generational values
microfinance
rural uganda
trust
social structure
reciprocation
title Financial inclusion in rural Uganda: The role of social capital and generational values
title_full Financial inclusion in rural Uganda: The role of social capital and generational values
title_fullStr Financial inclusion in rural Uganda: The role of social capital and generational values
title_full_unstemmed Financial inclusion in rural Uganda: The role of social capital and generational values
title_short Financial inclusion in rural Uganda: The role of social capital and generational values
title_sort financial inclusion in rural uganda the role of social capital and generational values
topic bonding and bridging social capital
collective action
financial inclusion
poor households
generational values
microfinance
rural uganda
trust
social structure
reciprocation
url http://dx.doi.org/10.1080/23311975.2017.1302866
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