The influence of operation wealth creation on household poverty reduction in Myanzi sub county Mubende District

Abstract

The main objective of the study was to find out the influence of Operation Wealth Creation on household poverty reduction in Myanzi Sub county Mubende district. The research was guided by three objectives that is; To examine the relationship between Operation Wealth Creation and household Poverty reduction in Myanzi Sub county; To assess the performance of Operation Wealth Creation programme in improving the livelihood of the people in Myanzi and-to determine the challenges affecting the performance of Operation Wealth Creation programmes in poverty reduction in Myanzi Sub county Mubende District. In this research, the researcher used Classical and Neoclassical to critically examine the significant relationship between operation wealth creation and poverty reduction. The research design in this study was a cross sectional design where both qualitative and quantitative methods were applied. According the findings, the researcher distributed 44 questionnaires and out of this number, the return rate as only 91% indicating a satisfying return rate. This was indicated by 40 out of 44questionnaires distributed. This return rate was returned filled and it is what the researcher used to analyze the data needed to drive to the conclusion. Results in table 4.4 and figure 4.4 on the level of education of the respondents above indicated that 3(7.5%) were primary leavers, 6(15%) were of Ordinary level, 6(15%) had acquired advanced level of education, 6(15%) had diploma while 15(35.5%) had bachelor's degree. From the findings therefore, majority of the respondents had advanced level education qualification. In conclusion, it was stated agricultural financing is one of the most important factors to develop rural areas in developing countries. Payment of bank credit is a way of financing. In fact, facilitation of access to credit can raise amount of productive investment. Credit has a crucial role for elimination of farmer's financial constraints to invest in farm activities, increasing productivity and improving technologies. In recommendation, Increase awareness about the proposed changes to the Operation Wealth Creation (OWC) programme, following the decision by government to reform the Operation Wealth Creation (OWC) model, Ugandan citizens are ignorant of the new developments in the Agriculture sector.