Financial Literacy, Resource Availability and the Performance of Fish Farming Projects in Luuka District
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Date
2025-11-17
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Makerere University Business School
Abstract
This study examined the influence of financial literacy and resource availability on the performance of fish farming projects in Luuka District, Uganda. Despite the increasing importance of aquaculture in promoting food security and household income, many fish farming initiatives continue to underperform due to inefficiencies linked to limited financial understanding and inadequate access to resources. The study aimed to investigate how financial knowledge, skills, and attitudes, alongside access to financial, technical, and human resources, impact key project performance indicators including timeliness, cost efficiency, output quality, and stakeholder satisfaction. To achieve these objectives, the study employed a cross-sectional survey design with a quantitative approach. The target population included 60 registered fish farming projects within Luuka District, from which a sample of 52 projects was drawn using simple random sampling. A total of 117 respondents participated in the study, comprising managers, technical staff, and finance personnel. Data were collected using a structured questionnaire based on a five-point Likert scale. The data were analyzed using SPSS version 26, employing descriptive statistics, Pearson’s correlation, and multiple regression analysis. The findings revealed a moderate and statistically significant relationship between financial literacy and project performance (r = .428, p < .01), with financial knowledge emerging as the most influential component. Resource availability demonstrated a stronger positive relationship with performance (r = .565, p < .01), with access to technical resources being particularly impactful. Multiple regression analysis confirmed the combined predictive power of financial literacy and resource availability on project outcomes, with an R Square of .389 and adjusted R Square of .378. Individually, resource availability (β = .478, p < .001) had a greater effect on performance compared to financial literacy (β = .277, p < .001). Based on these findings, the study recommends integrated interventions that enhance both financial literacy and resource access simultaneously. Practical training programs should link financial planning with the actual use of tools and personnel in fish farming. Additionally, local resource-sharing centers and technical support teams could improve both access and utilization of available resources, ultimately supporting the sustainability and performance of fish farming projects in the region.
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This is a master's thesis.
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Citation
Twooli, E. (2025). Financial Literacy, Resource Availability and the Performance of Fish Farming Projects in Luuka District (unpublished master's dissertation). Makerere University Business School, Kampala, Uganda.