Management Approach as an Influence of Credit Accessibility on Growth Small and Medium Enterprises in Kenya: A Case of Kisumu County

Abstract

The problem of the study focuses on the following main question: With the massive presence of over sixty six MFIs, over twenty commercial banks and numerous Sacco's in Kisumu county, many SMEs were still not registered members of these MFIs service providers, the few registered SMEs were gradually declining in seeking credit, e.g.; only 12% of SMEs operating in Kisumu East sub-county had accessed credit in the year 2015, the poor performance of SMEs growth as indicated by the county's slow economic index of 2.8% (CGK 2015) and Kisumu's high poverty level (47.8%) Does Management approach have an influence of credit accessibility on growth of Small and Medium Enterprises in Kisumu County?