Effects of Access to Finance on the Performance of Youth-Owned Small and Microenterprises in Kibra Constituency, Nairobi County

World is full of struggle for financial resources, people have been experiencing a lot of financial difficulties enabling especially the youths to start up small and micro enterprises to put food on the table, this prompted the researcher to conduct the research on effect of financial factors on the performance of youth-owned small and micro enterprise in Kibra constituency, Nairobi County. Kibra being the largest Slum in east Africa and a place where unemployment rate is high among the youths the research felt necessary to conduct the research in this area to help young people bridge the gap on unemployment among the youths. The study was supported by the following specific objectives, to establish effects of access to finance on the performance of youth-owned small and micro enterprises, to assess the effects of the cost of finance on the performance of youth-owned small and micro enterprises, to assess the effect of financial training on the performance of youth-owned small and micro enterprises. This study adopts a descriptive research design for the fact that it utilizes the elements of quantitative research methodology. Judgmental sampling was also applied in identifying respondents who have the information that was required for the study, all 176 registered Youth Owned Small and micro enterprises based in Kibra Constituency was included but only 58 was chosen as the sample size. The choice and identification of key informants was purposive as those holding key information of the SMEs information were the ones chosen. Questionnaire was the main instrument for data collection, Analysis and interpretation of the data was done using quantitative method in accordance to research objectives and research questions. The data was then collected and summarized, classified, tabulated and analyzed quantitatively and presented using tables, charts and percentages.