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International Journal of Innovation and Scientific Research
ISSN: 2351-8014
 
 
Wednesday 24 April 2024

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Impact of Small and Medium Enterprises on Household Poverty Reduction in Goma


Volume 63, Issue 2, November 2022, Pages 146–155

 Impact of Small and Medium Enterprises on Household Poverty Reduction in Goma

Maniragaba Nyandera Olivier1

1 Teacher and Researcher at the Adventist University of Goma, RD Congo

Original language: English

Copyright © 2022 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract


The unprecedented proliferation of Small and Medium Enterprises has been witnessed in Goma. This is the reason for our subject on «Impact of Small and Medium Enterprises on the reduction of household poverty in the city of Goma. Our concern was to assess the impact of SMEs (Small and medium Enterprises) on household poverty reduction in the city of Goma. After our research, the study reveals that investments based on income from SMEs increase the chances of households to reduce their poverty, own their own housing and improve their nutritional condition by taking at least a balanced diet. This indeed increases the possibility of the household to improve the living condition and pay the taxes and duties related to the income-generating activity initiated. This allows its sustainability. On the other hand, expenses related to the education of children and health care on the basis of the sole income of the SME, give the manager of the SME less chance of lifting the household out of extreme poverty and increasing the income of the SME. It should be noted that investments in human capital remain commendable in the long term. These results led to the definition of economic policies oriented towards the consolidation and development of small and medium-sized enterprises with a view to the economic development of the city of Goma.

Author Keywords: Small and Medium Enterprises, SMEs, household, poverty, Goma.


How to Cite this Article


Maniragaba Nyandera Olivier, “Impact of Small and Medium Enterprises on Household Poverty Reduction in Goma,” International Journal of Innovation and Scientific Research, vol. 63, no. 2, pp. 146–155, November 2022.