Role of Budgeting Management Skills on Performance of Women Development Groups in Kindi District

Abstract

Women's development has been critical agenda in the world for several decades. Governments and Non-government organizations have made an effort to empower women in all areas of development. Financial management skills being an important area in development of the business, the current study sought to establish the role of budgeting management skills on the performance of women development groups in Kindi district. The study is anchored on theory of goal setting. The study adopted a cross-sectional design. All 73 women development groups in Kindi district constituted the study's target population. A census of all the groups was carried out. Primary was collected using structured questionnaires. Data were analyzed using descriptive and regression analysis. The findings indicated that budgeting management skills had a positive and significant relationship with performance of Women's development groups in Kindi district. The study concluded that budgeting management skills contribute positively and significantly to enhanced performance of Women's development groups in Kindi district. The study recommended that; Kindi district’s development groups develop a precise financial risk management plan with its corresponding mitigation strategies detailing how exactly are they going to tackle all the identified risks if not mitigate them completely.