Determinants of Growth of Entrepreneurial Projects in Presbytrian Church of East Africa in Nairobi County

Abstract

Entrepreneurial projects are strategic business units providing sources of income for the people involved in them as well as promoting the growth of a country’s economy. The aim of this study was to examine the determinants of growth of entrepreneurial projects in the Presbyterian Church of East Africa of Nairobi. The specific objectives were; to determine impact of financial accessibility on the growth of entrepreneurial projects within the Presbyterian Church of East Africa in Nairobi, to examine the impact of managerial training and competence on the success of entrepreneurial projects within the Presbyterian Church of East Africa in Nairobi, to establish the effect of education level on the success of entrepreneurial projects within the Presbyterian Church of East Africa in Nairobi and to determine the effect of budgeting on the growth of entrepreneurial projects within the Presbyterian Church of East Africa in Nairobi. This is achieved by applying three theories: Cantillon’s Theory, Marshall’s Approach for Entrepreneurship, and Stakeholder’s Theory. The research design used in the study was descriptive research. The sample of the target population was 100 staffs. A stratified random sampling technique was used during the sample selection process. The management was divided into the top management and the middle management and lower level staffs. The data collection method used for primary data collection was self-administered questionnaire via email, or pick and drop method to the relevant staff members in different church projects. A pilot study was conducted at the PCEA Bahati Martyr’s Academy where staffs were selected and asked to participate in the study. The testing procedure for reliability was a test-retest method as a data analysis procedure. This was conducted by administering the instruments to the respondents in the data collection process followed by administering the instruments to the same respondents after one week. Internal consistency was measured by the use of Cronbach’s Alpha (α) where 0.7 was deemed appropriate. The analysis of the quantitative data was achieved by the use of Statistical Package for Social Sciences (SPSS) version 20. The study findings were represented by the use of qualitative information and quantitative information in the forms of tables, frequencies and percentages. The study concluded that there is a strong positive relationship between financial accessibility and growth of entrepreneurial projects in Presbyterian Church of East Africa in Nairobi County. Similarly, the study concluded a great influence of level of education on growth of entrepreneurial projects in Presbyterian Church of East Africa in Nairobi County. The study concluded that managerial training and competence greatly influences and growth of entrepreneurial projects in Presbyterian Church of East Africa in Nairobi County. The study further concluded that budgeting affects the growth of entrepreneurial projects in Presbyterian Church of East Africa in Nairobi County greatly. The study recommends that the Presbyterian Church of East Africa should concentrate on enterprise zone, ease technology, and strong marketing networks for continued growth of entrepreneurial projects in Presbyterian Church of East Africa in Nairobi County