scholarly journals Loan Recovery Procedures in Tanzania: A Case of Selected Microfinance Institutions in Dar-Es-Salaam, Tanzania

2021 ◽  
Vol 9 (05) ◽  
pp. 2172-2184
Author(s):  
Richard Sikira
Keyword(s):  
Qualitative Data ◽  
Secondary Data ◽  
Dar Es Salaam ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Case Study Design ◽  
Debt Collection ◽  
Formal Procedures

The study aimed to determine the procedures employed by MFIs, specifically in loan recovery in Tanzania. Loan recovery has been a difficult task for many financial institutions but becomes more challenging to microfinance institutions due to the nature and processes they employ. The study examined the loan recovery procedures at NFBS, SMF and AML found in Dar-Es-Salaam, Tanzania. The researcher employed a mixed- case study design, which involved 50 credit officer respondents obtained under the purposive sampling. The study used semi-structured questionnaires to gather primary data and also secondary data from documents available at NFBS, SMF and AML. Data were analysed using simple descriptive statistics with percentages and frequencies for quantitative data, while thematic analysis was used for qualitative data. The study found that NFBS, SMF and AML used loan recovery procedures such as direct contact, friendly reminder, and issuance of final demand notice. Another procedure is to inform the local government on property selling and using a debt collection agency. The study recommends for MFIs to establish and prefer formal procedures that can be used for loan recovery because the use of informal procedures creates room for conflict and leads to ineffectiveness of recovering loans.

Effects of Financial Innovations on Profitability for Deposit Taking Microfinancing Institutions in Kenya

2018 ◽  
Vol 9 (6) ◽  
pp. 529-536
Author(s):  
Martin Khoya Odipo ◽  
Keyword(s):  
Financial Institutions ◽  
Positive Relationship ◽  
Financial Institution ◽  
Secondary Data ◽  
Financial Statements ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Financial Innovations ◽  
Strong Positive Relationship

Recent studies have documented that innovations improve profitability of firms. This article documents that deposit taking micro financial institutions that have adopted financial innovations have increased their profitability. The study covered five years between 2009-2013. Both primary and secondary data were used in the study. Primary data was obtained through administration of drop and pick questionnaires to selected employees of the institutions. Secondary data was obtained from financial statements and management reports of these deposit taking microfinance institutions. Data was analyzed using descriptive statistics, return on asset and multi-liner regression model to determine the effect of each financial innovation applied on profitability on the micro-financial institution. The results showed that most deposit taking microfinance institutions adopted these financial innovations in their current operations. There was strong positive relationship between individual innovations and profitability. In line with profitability ROA also showed improvement each year after the adoption of these financial innovations.

scholarly journals Accountability Complexities in Non-governmental Organisation: A Reflection of Practical Mechanisms for Instilling Accountability in Selected Tanzania's Non-governmental Organisations

2021 ◽  
Vol 9 (05) ◽  
pp. 2196-2210
Author(s):  
Richard Sikira
Keyword(s):  
Quantitative Data ◽  
Qualitative Data ◽  
Case Study Research ◽  
Dar Es Salaam ◽  
Descriptive Statistics ◽  
Short Term ◽  
Funding Sources ◽  
Term Basis ◽  
Complex Phenomena

Non-governmental Organisations are key development partners who receive funds and other support from various stakeholders for supporting human development. Receiving funds and other supports require a well-established accountability framework to which most NGOs do not adhere. The downward and upward accountability phenomena seem overly complicated for NGOs to strike a balance as they have diverse and antagonistic interests. Given that scenario, it was imperative to examine how the existing mechanisms, influence the accountability of NGOs with the bias of ANSAF, UCS and HAWA. The study used Dar es Salaam as the case study employing the case study research design with a sample size of 30. Data were gathered through interviews and semi-structured questionnaires and analysed through content analysis for qualitative data. Quantitative data were analysed through simple descriptive statistics. This study aims to examine the mechanisms selected NGOs employ to instil accountability in Tanzania. The study found that the selected NGOs apply various accountability mechanisms, while the most used one is performance assessment based on a short-term basis, followed by disclosure of funding sources. The study concludes that upward and downward accountabilities are overly complex phenomena in actual practice. Thus, NGOs need a proper dedicated balance between the two.

scholarly journals Sharia conformity for mudharabah financing practices in sharia banks based on the DSN-MUI Fatwa Number 07 year 2000: A case study

2021 ◽  
Vol 10 (4) ◽  
pp. 239-248
Author(s):  
Santi Lamusu ◽  
Aulia Fuad Rahman ◽  
Noval Adib
Keyword(s):  
Data Analysis ◽  
Qualitative Method ◽  
Qualitative Data ◽  
Secondary Data ◽  
Profit Sharing ◽  
Primary Data ◽  
Study Approach ◽  
Bank Employees ◽  
Year 2000

This study aims to uncover and analyze the suitability of sharia mudharabah financing practices at Bank Muamalat Semarang Branch with Fatwa DSN MUI Number 07 year 2000. To achieve this goal, the research was pursued using a qualitative method with a case study approach. The primary data of this research is interviews and is supported by secondary data. The key informants are bank employees. Data analysis was performed by using qualitative data analysis namely reduction, display and conclusion. The results showed that Bank Muamalat Semarang branch in carrying out the practice of mudharabah financing was in accordance with the DSN MUI Fatwa Number 07 year 2000 and the applicable SOP. Meanwhile, the recommendations in the Fatwa which are optional are still carried out in accordance with the prevailing regulations. For example, by requiring guarantees, channeling mudharabah financing only in the form of cash assets, only financing productive businesses such as BPRS and BMT, as well as the criteria for entrepreneurs, financing procedures and profit sharing mechanisms. The decision to choose the policy is accompanied by certain considerations, especially for the sustainability and security of LKS and does not conflict with fatwa rules so that it does not go out of the corridor of sharia principles in muamalah  

scholarly journals EVALUATION OF INTERNAL CONTROL FINANCING MUDHARABAH (CASE STUDY ON BPRS DANA AMANAH SURAKARTA)

2017 ◽  
Vol 18 (01) ◽  
Author(s):  
Jettie Risniawatie, Endang Masitoh W, Siti Nurlaela
Keyword(s):  
Internal Control ◽  
Qualitative Data ◽  
Field Research ◽  
Secondary Data ◽  
Primary Data ◽  
Dual Control ◽  
Control Procedures ◽  
Theory Division ◽  
Special Assessment

Financing in Islamic banks is one of the backbone of banking activities, because that's where the industry can survive and thrive. A company or institution that has run well should monitor the activities and results. Internal controls can be monitored either by means of a special assessment or aligned with business management. Internal control is required by bank management, because with a good internal control weaknesses will be able to protect people and reduce the likelihood of errors and discrepancies that might occur. This research is a field research conducted in BPRS Dana Amanah in Surakarta. This research method is descriptive qualitative research. This study aims to determine how the internal control procedures of financing and how the application of internal control of financing. The type of data collected in the form of qualitative data and consist of primary data and secondary data. Data collection methods such as interviews, observation, and documentation with qualitative data analysis. Control of BPRS Dana Amanah is reflected in the analysis of financing, Divison of duties, Dual Control, Joint / Dual Custody, Number Control and Balancing Independence. The conclusion of this study is the procedure of financing on the BPRS Trust Fund in accordance with the theory that the financing of the request until the disbursement of funds has no control by each officer. Internal control procedures of BPRS Dana Amanah for financing analysis was consistent with the theory, division of duties is not appropriate because there are geminating duties and functions. Dual control, joint / dual custody, number control, and independence balancing BPRS Dana Amanah have been applied and in accordance with the theory.Key words:  Sharia Bank, Mudharabah, Internal Control.

scholarly journals Customers' Opinions on Reasons for Using Online Banking: Experience of Customers in Tanzania

2021 ◽  
Vol 9 (05) ◽  
pp. 2185-2195
Author(s):  
Richard Sikira
Keyword(s):  
Qualitative Data ◽  
Case Study Research ◽  
Online Banking ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Income Poverty ◽  
Banking Services ◽  
Customer Support ◽  
Structured Questionnaire

Information technology has revolutionalised the banking industry with enormous benefits. However, there have been mixed perceptions on preferring online banking to traditional banking. These perceptions usually change over time because of deliberate efforts done by stakeholders. This study aimed to determine the opinions of customers on the reasons for using online banking services. In conducting this research, the study opted to use a case study research design. The study employed 60 CRDB Bank customers as its sample size. The study collected its data through primary data, by using a semi-structured questionnaire that allowed the collection of quantitative and qualitative data. The researcher employed content analysis through descriptions for qualitative data and simple descriptive statistics analysis through frequencies and percentages for quantitative data. The study found that most respondents (customers) use online banking because it saves time, offers instant feedback, is reliable, and is secure and convenient. The study recommends more awareness and understanding of online banking services to users to enjoy the enormous benefits of online banking services. Furthermore, customer support must be improved and ensure keeping promises related to solving customers' problems. The study recommends categorically further research on the contribution of mobile money to the reduction of income poverty

scholarly journals PROMOSI WISATA BAHARI (Studi Kasus Nusantara Diving Center Resort Kelurahan Molas Kota Manado Propinsi Sulawesi Utara)

2014 ◽  
Vol 2 (3) ◽  
Author(s):  
Mirfiana Ch. Salawangi ◽  
Jardie A. Andaki ◽  
Lexy K. Rarung
Keyword(s):  
Information Technology ◽  
Qualitative Data ◽  
Personal Selling ◽  
Secondary Data ◽  
Daily Activities ◽  
Primary Data ◽  
Research Issues ◽  
North Sulawesi ◽  
The Impact

Abstract This research is a case study in design, which seeks to describe and explain about the promotion of Nautical Tourism in the archipelago Diving Centre Resort Manado, North Sulawesi province, which became the formula issue in the study of how the promotion is done in order to improve maritime excursions in the archipelago Diving Center Resort Manado. The purpose of this study is 1). Knowing these forms of promotion efforts in the archipelago Diving Resort Centre, 2). Knowing the impact of promotions on maritime excursions in the archipelago Diving Center Resort. The Data collected in the form of primary data and secondary data. The analysis of the data used is qualitative data analysis conducted since the early researchers took data, during retrieval, up to the end inhibit all data in accordance with the research issues. Based on studies a forms of promotion which is still done in the archipelago diving centre resort, namely personal selling, billboards, pamphlets or brochures, banners, and information technology or internet. The impact of the promotion of nautical excursions in the archipelago diving centre resort can be seen on the graph in 2012 where tourists visit increased to 1096 tourists. Promotion of the most impacting against the tourists visit the personal selling and information technology. The use of the means of the Board of the company name, pamphlets and banners give you benefits on the dissemination of information and assist in the process in our daily activities, more specifically on the reservation or registration. Keywords: tourism, promotion, personal selling, information technology Abstrak Penelitian ini berdesain studi kasus, yaitu berusaha mendeskripsikan dan memberikan penjelasan tentang Promosi Wisata Bahari di Nusantara Diving Center Resort manado Provinsi Sulawesi Utara, yang menjadi rumusan masalah dalam penelitian ini bagaimana promosi yang dilakukan dalam rangka meningkatkan kunjungan wisata bahari di Nusantara Diving Center Resort Manado. Tujuan dari penelitian ini yaitu 1). Mengetahui bentuk-bentuk usaha promosi di Nusantara Diving Center Resort.2). Mengetahui dampak promosi pada kunjungan wisata bahari di Nusantara Diving Center Resort. Data yang dikumpulkan berupa data primer dan data skunder. Analisis data yang digunakan yaitu Analisis data kualitatif yang dilakukan sejak awal peneliti mengambil data, selama pengambilan, sampai dengan akhir terkumpulnya semua data sesuai dengan masalah penelitian. Berdasarkan penelitian Bentuk – bentuk promosi yang masih dilakukan di Nusantara diving center resort yaitu Hubungan personal, billboard, pamflet atau brosur, banner, dan teknologi informasi atau internet. Dampak promosi terhadap kunjungan wisata bahari di Nusantara diving center resort bisa dilihat pada grafik tahun 2012 dimana kunjungan wisatawan meningkat menjadi 1096 orang wisatawan. Promosi yang paling berdampak terhadap kunjungan wisatawan yaitu kewiraniagaan dan teknologi informasi. Promosi yang paling berdampak terhadap kunjungan wisatawan yaitu kewiraniagaan dan teknologi informasi. Penggunaan sarana papan nama perusahaan, pamflet dan banner memberikan manfaat pada penyebaran informasi dan membantu dalam proses kegiatan keseharian, lebih khusus pada bagian reservasi atau registrasi. Kata Kunci: turis, promosi, nelayan, kewiraniagaan, teknologi informasi

ANALISIS KINERJA ASURANSI SYARIAH MENGGUNAKAN PENDEKATAN MASLAHAH SCORECARD (Studi Kasus Pada PT. Asuransi Takaful Umum)

2020 ◽  
Vol 1 (1) ◽  
pp. 108-125
Author(s):  
Jaharuddin Jahar ◽  
Melia Rostiana ◽  
R Melda Maesarach
Keyword(s):  
Measurement Data ◽  
Secondary Data ◽  
Process Performance ◽  
Measuring Process ◽  
Case Study Design ◽  
Quantitative And Qualitative Research ◽  
A Value ◽  
Takaful Insurance ◽  
Collection Methods

The purpose of this study was to decide the elements of performance at PT. General Takaful Insurance, to find out how to measure performance using the scorecard approach that is by measuring process performance and results performance, and interpreting in the form of conclusions. In this study, researchers tested apply maslahah at PT. General Takaful Insurance with a case study design. This research is a type of quantitative and qualitative research because it uses measurement data through formulas and if interpretative qualitative, and the data used are primary and secondary data. Data collection methods used are observation, interviews and documentation. The results showed that PT. General Takaful Insurance received a value of the performance benefit process of 0.7 which indicates that the company simply applied benefits in terms of process performance. And behave the benefit of PT. General Takaful Insurance got a value of 0.89 which shows that the company is quite good in providing benefits to stakeholders and shareholders. Keyword: Performance, Insurance, Scorecard Maslahah

BUSINESS ENVIRONMENT EFFICIENCY AND COMPETTIIVENESS OF LOCALLY MANUFACTURED GOODS BY AUTOSTERILE EAST AFRICA, KENYA

2021 ◽  
pp. 12-21
Author(s):  
Margaret Kamau ◽  
Isabella Sile
Keyword(s):  
East Africa ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Political Stability ◽  
Business Environment ◽  
Middle Level ◽  
Primary Data ◽  
Goods And Services ◽  
Manufactured Goods

Absrtact This study investigated the influence of business environment efficiency on competitiveness of locally manufactured goods by Autosterile East Africa, Kenya. This study used case study design. This study sampled 69 respondents, including 8 top level employees, 22 middle level employees and 39 lower level employees in Autosterile East Africa. Census sampling was used to select the respondents. Secondary data was obtained from the Autosterile East Africa publications that touches on determinants of competitiveness. Questionnaires used in the survey formed the primary data and was analyzed by use of Statistical Packages for Social Science version 23. Linear regression analysis was done to test the relationship between the independent and dependent variables. The study findings led to the conclusion that business environment efficiency have a positive relationship with competitiveness of locally manufactured goods. The findings revealed that business environment efficiency is significant determinant of competitiveness of locally manufactured goods. It was found out that the demand for goods and services and political stability influences competition of goods and services. The regulations dictate the competition among companies and supply of goods and services controls a firm's competitive advantage. Keywords: Business environment efficiency, competitiveness, Locally manufactured goods, Autosterile East Africa.

Factors Affecting on Entrepreneurial Intention of University Students (Case Study on Wollo University)

2021 ◽  
Author(s):  
Abdu Kamil
Keyword(s):  
Environmental Factors ◽  
University Students ◽  
Family Background ◽  
Secondary Data ◽  
Entrepreneurial Intention ◽  
Primary Data ◽  
Personal Factors ◽  
Factors Affecting ◽  
College Of Business

Abstract Background: Entrepreneurship is essential in creating, fulfilling and forming a healthy economy. This study is conducted to investigate Factor Affecting on Entrepreneurial Intention: The case study on Wollo University Students. Some studies have been done in this area but only a few were conducted in Ethiopia. This research aims to address the gap that exists due to the weakness of previous studies to verify the factors that affect entrepreneurial intention and provide more clarification on the topic. Methods: For the purpose of this study explanatory research design was employed. The researcher used stratified random sampling to classify all participants into seven colleges and one school of law. From each stratum proportionally by using purposive sampling to select 226 respondents with graduate students from college of business and economics for the desire of the study. Both primary and secondary data were collected. Primary data were collected through structured questionnaire from 210 students. Secondary data were collected from previous studies and used as reference. Results: The correlation and regression analysis has been applied to see the relationship and how independent variables influence entrepreneurial intention. From the analyses it is confirmed that demographic factors have statistically insignificant effect on entrepreneurial intention, while personal factors, environmental factors and family background have a statistically significant effect on entrepreneurial intention. Conclusions: Based on the findings it is concluded that demographic factor does not affect entrepreneurial intention while personal factors, environmental factors and family background affect entrepreneurial intention.

scholarly journals A Review of Anti-Corruption Wars in Nigeria

2014 ◽  
Vol 2 (3) ◽  
pp. 153 ◽  
Author(s):  
Nnamdi Nwaodu ◽  
David Adam ◽  
Okechukwu Okereke
Keyword(s):  
Qualitative Data ◽  
Secondary Data ◽  
Economic Life ◽  
Recent Attempt ◽  
Poverty Level ◽  
Secondary Sources ◽  
Online Databases ◽  
Efficient Performance ◽  
Financial Crimes

Corruption still subsists as one of the greatest challenges facing Nigeria. The existence of this phenomenon in virtually all aspects of the nation’s socio-economic life is said to be one reason why poverty level remains high irrespective of her position as the six highest suppliers of oil to the whole wide world, and a possessor of numerous other human and natural resources. A recent attempt by the Federal Government of Nigeria to curb this societal ill led to the establishment of Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices & Related Offences Commission (ICPC) among others bodies. This paper historically explores the anti-corruption war in Nigeria and specifically zeros itself to review EFCC’s role in this war. The methodology adopted in this paper is the narrative-textual case study (NTCS), a research method that sources the required quantitative and qualitative secondary data on the phenomenon of study from secondary sources like the internet, World Wide Web, online databases, e-libraries  et cetera. On the strength of the qualitative data sourced, it was discovered that the agency has made some successes but is being hindered by political, administrative and judicial bureaucracy from efficient performance. The paper therefore boldly recommends that transparency be enshrined into all aspect Nigerian political and administrative life and extant anti-graft laws be reviewed, harmonized and strengthened to enhance the effectiveness of fight against corruption and breach of corporate governance ethics by those holding political and non-political positions in Nigeria.

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