Stimulating Microenterprise Growth: Results from a Loans, Grants and Training Experiment in Uganda

Results from a Loans, Grants and Training Experiment in Uganda: Outlines results of a randomized experiment with microenterprise owners in Uganda designed to explore the impact of receiving business skills training using SIYB, loans, cash grants or a combinations of these programmes. It was found that men with access to loans and SIYB training reported significantly higher profits. The loan-only intervention had some initial impact, but this does not last. There were no impacts from the grant intervention and no effects for women from any of the interventions. The results suggest that male-owned microenterprises can grow through finance when paired with training.