Analysis of Social Factors Financial Services Access Strategy on Farmers Economic Empowerment in Kenya. A case of agricultural Tea Farmer‟s in Kisii County

Abstract

The aim of this study was to focus on financial literacy, trainings and gender equity as social factors that influence access to financial services on tea farmer’s economic empowerment in Kisii County-Kenya. The study comprised of 77035 small scale tea farmers in Kisii County. Stratified and random sampling was used and the sample size was 398 of the respondents. The study used questionnaires and observations to collect data. Data analysis was done by use of SPSS. The objective of the study was to analyze the influence of social factors on access to financial services strategy on economic empowerment among small scale tea farmers in Kisii County- Kenya. The results show a statistically significant weak positive relationship between social factors on access to financial services and economic empowerment among tea farmers in Kisii County (r = 0.363, p < 0.05). It was concluded that influence of social factors has positive and statistically significant influence on economic empowerment among tea farmers and there exists a positive significant correlation between influence of social factors and economic empowerment among tea farmers.