Impact Investing and Sustainable Livelihoods of Dairy Farmers at Githunguri Sub County, Kiambu County in Kenya
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Date
2023
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Research Journal of Finance and Accounting
Abstract
The study sought to establish the effect of impact investing on sustainable livelihoods of dairy farmers operating in Kenya. The study focused on impact investing practices comprising of microfinance products, contract farming and environmental conservation practices. A descriptive research design was adopted in the study. The target population comprised of 22,644 farmers distributed in the 5 Wards of Githunguri Sub County in Kiambu County, Kenya. Yamane Sampling formula was utilized in deriving a sample of 398 respondents where stratified random sampling technique was adopted to randomly select the sample in the 5 wards. Quantitative data was utilized in the study and was collected through a structured questionnaire. Both descriptive and inferential statistics were employed in analyzing the gathered data. SPSS software was utilized in generating the statistics. The analysis results established that microfinance products and contract farming bear positive and significant effects on sustainable livelihoods of dairy farmers operating in Githunguri Sub County, Kiambu County. Environmental conservation practices were found to have a positive but insignificant effect on sustainable livelihoods of dairy farmers.
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Keywords
Microfinance Products, Contract Farming, Environmental Conservation Practices