What factors have contributed to the growth of self-employment in Kenya?

Explain five factors that have contributed to the growth of self-employment in Kenya.

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1. Independence - One is an own boss, hence free from control of others

2. One is able to enjoy profits because he/she is an own boss

3. One is assured of his/ her job security since he/ she is under no one's control

4. One will have personal/ self satisfaction of his/ her business achievements

5. Status and pride - one will achieve a high level of esteem by having his/ her own business

6. Inadequate jobs

7. Availability of credit. People can access credit facilities and start own ventures

8. Influence by established entrepreneurs

9. Availability of market

10. The need to have several sources of income

11. Application of business studies

12. Shortage of well paying employment jobs

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johnmulu answered the question on January 21, 2017 at 08:56

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