The role of informal microfinance institutions in saving

Is a positive quantification: - Since the research is based on the measurement of
quantity or amount which can be expressed in broad general way, keeping in view
either some practical concern or some scientific or intellectual interest.
3.1.15: Qualitative data gathering
Is concerned with qualitative Phenomenon which involves quality or kind for instance when
we are interested in the investigating the reasons for human behavior (i.e. Why people think
or do certain things.)
The qualitative research is especially important in the behavioral sciences where the aim is to
discover the underlying motives of human behavior which must seek guidance from
experimental psychologists.
3.1.16: The research study is action
Why: Because the research focuses on a strategy for influencing the stock of knowledge in
solving practical problem of a particular organization. The research aim at understanding and
explaining the real world problems which can be done in two ways, first, external research
where the observer looks outward upon others from a host and second internal research
where the observer is considered part of participant.
3.1.17: What are the specifics of the study?
To provide the intellectual facilitation of the smooth sailing of the various research operations,
thereby making research as efficient as possible yielding maximal information with minimal
expenditure of effort, time and money.
The research was designed to meet the various groups of people such as Research and
Development institutions, senior personnel in the banking industry, Micro finance institutions,
Managers and owners of SACCOs, Individuals/Stakeholders of SACCOs.
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