ANALYSIS OF STRATEGIES LEVERAGING ON KENYA’S VISION 2030 FOR ALLEVIATING ABSOLUTE POVERTY IN BOMET COUNTY-KENYA

Abstract

Absolute poverty deprives part of the society of necessities of life -food, clothing, education, and health. Considerable economic growth must accelerate access to services like education and health for all, especially the marginalized citizens. The objective of the study was to analyze unique strategies leveraging on Kenya’s vision 2030 strategic plan for alleviation of absolute poverty in Bomet County. The specific objectives were to analyze economic strategies on strategic natural resources, identify social strategies on social basic needs, to determine political strategies on political issues and to examine the strategic cultural values leveraging on Kenya’s vision 2030 on alleviation of absolute poverty in Bomet County. Survey design was adopted in collecting primary and secondary data. The targeted population was 141,219 households from five sub-counties in Bomet County. By comparing Conchran formula and Krejcei and Morgan table the sample taken was 384 households. Questionnaires schedule was the main research instrument. Secondary data included periodicals, County ministerial reports on absolute poverty. Data analysis was done using descriptive statistics, inferential statistics, regression analysis and factor analysis was part of the data analysis. The Significance of this study was to identify the resources and the likely exploitation strategies that will generate wealth and consequently alleviate absolute poverty in Bomet County. It was established that economic strategies (r = 0.537 ), social strategies (r = 0.775 ) and cultural strategies (0.466 ) all influenced alleviation of absolute poverty in Bomet County, Kenya. Similarly, it was established that political strategies (r = 0.180 ) had the least influence on alleviation of absolute poverty. The R2 value of 0.639 implies that 63.9% of the variations in alleviation of absolute poverty can be explained by the variations in the independent variables. In conclusion, based on the findings of the researcher established that the economic, social, political and cultural strategies if implemented can alleviate absolute poverty in Bomet County.