Determinants of Microenterprises Targeting Youth Group in Addis Ababa, Ethiopia
Journal of World Economic Research
Volume 4, Issue 3, June 2015, Pages: 71-82
Received: May 1, 2015; Accepted: May 13, 2015; Published: Jun. 8, 2015
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Authors
Markos Kidane, Department of Economics, Faculty of Business and Economics, Unity University, Addis Ababa, Ethiopia
Dugassa Mulugeta, Department of Economics, Faculty of Business and Economics, Addis Ababa Science University, Addis Ababa, Ethiopia
Addis Adera, Department of Nursing, Faculty of Health Sciences, Woldia University, Woldia, Ethiopia
Yonas Yimmam, Department of Nursing, Faculty of Health Sciences, Woldia University, Woldia, Ethiopia
Tigabu Molla, Department of Economics, Faculty of Business and Economics, Woldia University, Woldia, Ethiopia
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Abstract
Back Ground: The current over all development objective of Ethiopia is achieving end poverty through accelerated and sustained economic growth by giving greater emphasis for the improvement of employment opportunities for youth and women. Objective: The main objective of this study was to determine the targeting youth group in microenterprises and assess the status, challenges and its prospects in the case of Addis Ababa, Ethiopia. Method: A cross sectional survey of 120 micro enterprises which operated by youth groups in Addis Ababa, Ethiopia. The major micro and small enterprise activity identification was based on the available information from MSE packages and selected randomly. The sampling method was involved in ten sub-cities of Addis Ababa. Data analysis was made by using descriptive statistics. Results: From the different supports provided by youth targeting microenterprises, psychological and finical supports are the major supports to female operators. Moreover, majority of microenterprises were undertaking quality control and quality standards and most of these microenterprises, were undertaking controls over production; however, absence of testing facilities, attitude of operators, lack of technical skills, and high cost were the major reasons for not undertaking quality control and quality standards. Conclusion: Hence, majority of such enterprises source of their initial capital were obtained from microfinance institutions, they are playing a great role in terms of poverty reduction, employment and growth of micro enterprises especially for youth targeting micro enterprises and it has to be strengthen.
Keywords
Targeting Youth Group, Microenterprises, Addis Ababa
To cite this article
Markos Kidane, Dugassa Mulugeta, Addis Adera, Yonas Yimmam, Tigabu Molla, Determinants of Microenterprises Targeting Youth Group in Addis Ababa, Ethiopia, Journal of World Economic Research. Vol. 4, No. 3, 2015, pp. 71-82. doi: 10.11648/j.jwer.20150403.13
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