Community development through entrepreneurship: Analyzing the socioeconomic contributions of YEASA beneficiaries in Ekiti State

Moronkeji Gabriel Kolawole; Albert Tchey Agbenyegah

doi:10.20525/ijrbs.v14i6.4283

Authors

Moronkeji Gabriel Kolawole Durban University of Technology https://orcid.org/0000-0001-7567-9079
Albert Tchey Agbenyegah Durban University of Technology

DOI:

https://doi.org/10.20525/ijrbs.v14i6.4283

Keywords:

Community Development, Entrepreneurship, YEASA, Socioeconomic Contributions

Abstract

This study evaluates the socioeconomic contributions of the Youth Employment in Agribusiness and Sustainable Agriculture (YEASA) program in Ekiti State, Nigeria. By enhancing local economic activities and addressing youth unemployment, YEASA provides a compelling model for sustainable development. This research examines its impact through the lens of employment generation, quality-of-life improvements, and economic contributions between 2017 and 2020. Data were collected from 125 beneficiaries and analyzed using descriptive statistics and inferential methods. Findings reveal significant improvements in living standards, confidence levels, and entrepreneurial ventures, with 94% of participants acknowledging YEASA’s role in job creation. However, challenges such as limited government support and financial barriers persist. This paper highlights the importance of tailored entrepreneurship development programs in fostering inclusive economic growth, offering actionable insights policy and program enhancement insights.

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