scholarly journals Mobile Loan Frequency of Repayment as a Predictor of the Financial Performance of SMEs in Urban Informal Settlements in Kenya

2021 ◽  
Vol 2 (2) ◽  
pp. 97-113
Author(s):  
Margaret Murage
Keyword(s):  
Civil Society ◽  
Financial Performance ◽  
Survey Design ◽  
Informal Settlements ◽  
Civil Society Organizations ◽  
Design Data ◽  
Study Objective ◽  
Urban Informal Settlements ◽  
Descriptive Survey ◽  
Intended Use

This study explored the effect of repayment timelines on the financial performance of SMEs in urban informal settlements in Kenya. This study adopts the descriptive survey design. Data were collected from 120 SMEs in the 6 wards of Mathare Sub-County. Data was collected using semi-structured questionnaires. It was analysed using descriptive and inferential statistics. From the study findings, it is evident that repayment timelines influenced the application for mobile loans. The ability to pay mobile loans without problems due to flexible repayment times also enhanced the performance of the respondents’ businesses. While loans with short repayment periods discouraged the businesses from borrowing due to immense pressure, long repayment periods were preferable since it meant that the stock purchased could be converted to cash. Budgeting could also be made easy due to the certainty of cash flow in long and flexible repayment periods. Lastly, a long repayment period meant that the intended use of the money borrowed could be realized. The study made the following recommendation based on the study objective. In this regard, most of the various mobile loan providers should put in place flexible repayment plans to make their loans appealing. They should also market their mobile loan products to make them visible since only 4, Safaricom-Fuliza, M-Shwari, Tala, and KCB-Mpesa were the most used. Civil society organizations in collaboration with mobile loan providers should also carry out capacity building campaigns among SMEs in informal settlements.

scholarly journals Mobile Loans as Financing Options in Kenya and the Financial Performance of SMEs in Low Income Areas in Nairobi County

2021 ◽  
Vol 2 (2) ◽  
pp. 97-105
Author(s):  
Margaret Murage
Keyword(s):  
Financial Performance ◽  
Low Income ◽  
Urban Areas ◽  
Survey Design ◽  
Informal Settlements ◽  
Civil Society Organizations ◽  
Living Standards ◽  
Design Data ◽  
Urban Informal Settlements ◽  
Descriptive Survey

This study sets out to examine the effect of loan accessibility on the financial performance of SMEs in urban informal settlements in Kenya. Based on the descriptive survey design, data were collected from 120 SMEs in the 6 wards of Mathare Sub-County using semi-structured questionnaires. It was analysed using descriptive and inferential statistics. The findings show that all the loan accessibility had a significant and positive relationship with the financial performance of SMEs. In this regard, enhancing loan accessibility contributed to the financial performance of SMEs in urban areas. Financial inclusion among SMEs in urban areas was also enhanced through mobile loans. This could go on to enhance living standards among the inhabitants of urban informal settlements as envisaged by world bank. In this regard, several recommendations were made. Mobile loan providers should market their mobile loan products to make them visible since only 4, Safaricom-Fuliza, M-Shwari, Tala, and KCB-Mpesa were the most used. Civil society organizations in collaboration with mobile loan providers should also carry out capacity building campaigns among SMEs in informal settlements. This would lead to enhanced visibility and accessibility of these mobile loans among the inhabitants of urban informal settlements.

scholarly journals Financial Inclusion and Poverty Alleviation in Kenya: Effects of Mobile Loan Interest Rates on the Financial Performance of SMEs in Urban Informal Settlements

Science Mundi ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 96-104
Author(s):  
Margaret Murage
Keyword(s):  
Financial Performance ◽  
Interest Rates ◽  
Urban Areas ◽  
Poverty Alleviation ◽  
Urban Poor ◽  
Informal Settlements ◽  
Design Data ◽  
Low Interest Rates ◽  
Urban Informal Settlements ◽  
The Government

The aim of this study is to assess the effect of interest rates on the financial performance of SMEs in urban informal settlements in Kenya. This study adopts the descriptive survey design. Data were collected from 120 SMEs in the 6 wards of Mathare Sub-County. Data was collected using semi-structured questionnaires. It was analysed using descriptive and inferential statistics. The findings show that low-interest rates could influence the propensity of SMEs to apply for these loans. The ability to pay mobile loans without problems due to low interest rates enhanced the performance of the respondents’ businesses. This goes on to contribute to poverty alleviation in urban informal settlements through enhanced access to capital; one of the goals of the world bank. This has further ripple effects since it can contribute to income diversification for the inhabitants of poor urban areas. The following recommendations were made. The government should also reduce interest rates to lower the cost of mobile phone interests as well as the interest rates of other loan products. Mobile loan lenders should also ensure that their loan products are affordable for the urban poor.

scholarly journals Effect of liquidity risk on the financial performance of deposit taking savings and credit cooperative organisations (SACCOs) in Kenya

2021 ◽  
Vol 10 (2) ◽  
pp. 203-211
Author(s):  
Benjamin Otwoko ◽  
Kimani Maina
Keyword(s):  
Financial Performance ◽  
Significant Influence ◽  
Survey Design ◽  
Liquidity Risk ◽  
Regression Methods ◽  
Optimal Functioning ◽  
Asset Portfolio ◽  
Level Of Significance ◽  
Descriptive Survey ◽  
The Relationship

Liquidity risk is the potential that an entity will be unable to acquire the cash required to meet its short and intermediate-term obligations. Deposit-taking Savings and Credit Cooperative Organisation (SACCOs) face liquidity risk when they are unable to fund their operations and lending requirements to their members as and when circumstances demand. Given that liquidity is a key phenomenon on the optimal functioning and financial performance of deposit-taking SACCOs, this study critically analyzed the effect of liquidity risk on the financial performance of DT SACCOs in Kenya. The study used a descriptive survey design and employed regression methods to model the relationship between liquidity risk and financial performance of DT SACCOs. The data were analyzed at a 5% level of significance. The study findings revealed that at a 5% level of significance, liquidity risk had a statistically significant influence on the financial performance of deposit-taking SACCOs. Basing on the findings, DT SACCOs are encouraged to focus on enhancing the mobilization of deposits to ensure that an asset portfolio that minimizes liquidity risk is maintained.

scholarly journals Constraints to Community Participation in Tourism in Kenya: The Mwaluganje Elephant Sanctuary

2020 ◽  
Vol 3 (1) ◽  
pp. 159-176
Author(s):  
Bonface O. Kihima ◽  
Paul M. Musila
Keyword(s):  
Community Participation ◽  
Local Community ◽  
Survey Design ◽  
Structural Constraints ◽  
Conservation Areas ◽  
Community Based ◽  
Design Data ◽  
County Governments ◽  
Descriptive Survey ◽  
Conducive Environment

Community Based Tourism (CBT) is among several types of tourism that have been considered sustainable and beneficial to the host populations in conservation areas. The local community participation in tourism in conservation areas is supposed to be high and its members should benefit from the tourism process. However, having been presented with opportunity to improve their livelihoods, communities are constrained in various ways and generally fail to benefit from tourism development. This study was set to investigate constraints to community participation in conservation areas. It was carried out in Mwaluganje Elephant Sanctuary (MES) in Kwale County, Kenya, using a descriptive survey design. Data was collected using researcher administered questionnaires and oral interviews. The results indicated that lack of coordination among stakeholders; inadequate financial resources, lack of conducive environment for tourism growth, and lack of skills/knowledge were major constraints to participation. The study concludes that to address both operational and structural constraints to community participation, the national and county governments should develop policies that compel investors to honor agreements with communities, assist communities to enter into fair collaborations with investors, and provide incentives to investors in tourism.

Constraints to Community Participation in Tourism In Kenya: The Mwaluganje Elephant Sanctuary

2021 ◽  
Vol 12 (1) ◽  
pp. 70-87
Author(s):  
Paul M. Musila ◽  
Bonface O. Kihima
Keyword(s):  
Community Participation ◽  
Local Community ◽  
Survey Design ◽  
Structural Constraints ◽  
Conservation Areas ◽  
Community Based ◽  
Design Data ◽  
County Governments ◽  
Descriptive Survey ◽  
Conducive Environment

Community Based Tourism (CBT) is among several types of tourism that have been considered sustainable and beneficial to the host populations in conservation areas. The local community participation in tourism in conservation areas is supposed to be high and its members should benefit from the tourism process. However, having been presented with opportunity to improve their livelihoods, communities are constrained in various ways and generally fail to benefit from tourism development. This study was set to investigate constraints to community participation in conservation areas. It was carried out in Mwaluganje Elephant Sanctuary (MES) in Kwale County, Kenya, using a descriptive survey design. Data was collected using researcher administered questionnaires and oral interviews. The results indicated that lack of coordination among stakeholders; inadequate financial resources, lack of conducive environment for tourism growth, and lack of skills/knowledge were major constraints to participation. The study concludes that to address both operational and structural constraints to community participation, the national and county governments should develop policies that compel investors to honour agreements with communities, assist communities to enter into fair collaborations with investors, and provide incentives to investors in tourism.

scholarly journals Mapping repertoires of collective action facing the COVID-19 pandemic in informal settlements in Latin American cities

2020 ◽  
Vol 32 (2) ◽  
pp. 523-546 ◽  
Author(s):  
Isabel Duque Franco ◽  
Catalina Ortiz ◽  
Jota Samper ◽  
Gynna Millan
Keyword(s):  
Civil Society ◽  
Collective Action ◽  
Latin American ◽  
Informal Settlements ◽  
Recovery Phase ◽  
Civil Society Organizations ◽  
Virtual Ethnography ◽  
State Action ◽  
American Cities ◽  
Emergency Measures

How are civil society organizations responding to COVID-19’s impacts on informal settlements? In Latin America, civil society organizations have developed a repertoire of collective action, seeking to provide immediate and medium-term responses to the emergency. This paper aims to map these initiatives and identify strategic approaches to tackle the issues, given the strengths of those undertaking the initiative, and the scope, purpose and sphere of intervention. Using direct contact, a survey, and a virtual ethnography with social organizations has allowed us to identify and characterize the initiatives. The repertoire focuses on emergency measures around food security, and pedagogies for prevention, sanitation and income relief at the neighbourhood and district levels. We argue that the civil society response repertoire is diverse in form and resources but limited in scope; meanwhile the urgency of the situation and the mismatch with state action mean that crucial spheres of informality, vital to cultivating grounds for a healthy recovery phase, are being neglected.

Educational Challenges of School-Age Children in Skipped Generation Households in Nigeria

2021 ◽  
pp. 0192513X2110307
Author(s):  
Bayode I. Popoola ◽  
Funmi Togonu-Bickersteth ◽  
Joshua Aransiola ◽  
Akinjide Akintomide ◽  
Opeyemi Ekundayo
Keyword(s):  
Ethnic Groups ◽  
School Attendance ◽  
Survey Design ◽  
Family Context ◽  
School Age Children ◽  
School Age ◽  
Design Data ◽  
Nigerian Children ◽  
Educational Challenges ◽  
Descriptive Survey

The article investigated educational challenges of Nigerian children raised in an unusual family context, the skipped generation households (SGHs). Specifically, it determined the proportion of school-age children in SGHs enrolled in schools and investigated children’s perception of the effect of SGHs on their education. The study adopted a descriptive survey design. Data were collected from 2144 indexed children from the three major ethnic groups in Nigeria. The results showed that 88.2% of children in SGHs were enrolled in schools, and that significant regional variations existed in school attendance by the children. Specific educational challenges of the children in SGHs included having to do assignment alone, not getting enough time to study, difficulty in paying school fees, and late coming to school. The article brought to the fore the need for government to improve the welfare of children raised in SGHs in order to mitigate the educational challenges confronting them.

scholarly journals LIQUIDITY MANAGEMENT AND FINANCIAL PERFORMANCE OF TEACHERS DEPOSIT TAKING SAVINGS AND CREDIT COOPERATIVE SOCIETIES IN KENYA

2020 ◽  
Vol 5 (2) ◽  
pp. 1
Author(s):  
Charles Kai Mwangudza ◽  
Ambrose Jagongo ◽  
Fredrick W.S. Ndede
Keyword(s):  
Financial Performance ◽  
Management Practices ◽  
Target Population ◽  
Unique Contribution ◽  
Moderator Variable ◽  
Liquidity Management ◽  
Study Objective ◽  
External Borrowing ◽  
Loan Losses ◽  
Descriptive Survey

Purpose: The study objective was to establish the effect of liquidity management on the financial performance of Teachers DT Saccos in Kenya and to evaluate the moderating effect of the size on liquidity management and financial performance of Teachers DT Saccos in Kenya. Methodology: This study adopted a post-positivist research paradigm to interpret the effect of liquidity management on the financial performance of deposit-taking Saccos in Kenya. The study adopted a descriptive, survey research design. The target population was 18 Saccos classified under teachers' based DT SACCOs according to SASRA records of December 2017 (SASRA, 2018). Census Methodology was used. The study used a data capture form that has been designed by the researcher to collect the data on the independent variables of liquidity management, moderator variable size and dependent variable which was DT Saccos financial Performance. Data were analysed using a combination of descriptive and inferential statistics with the statistical package STATA. Analysed data was presented using graphs and tables. Findings: The study established that there was a significant effect of capacity and purchased funds on the financial performance of Teachers DT Saccos. The study also established that cash position, total deposit, and core deposit had an insignificant effect on the financial performance of Teachers DT Saccos and that size of the Sacco affects the relationship between liquidity management and financial performance of Teachers DT Saccos. Unique contribution to theory, practice and policy:  The study recommended the development of a more robust liquidity monitoring policy as well as enhancement of the oversight on liquidity management practices. The study also recommended that Teachers DT Saccos should reduce the provisions of loan losses as well as their reliance on external borrowing. Further, the study recommended future studies using other factors influencing liquidity in the Teachers DT Saccos. Lastly, the study recommends a comparative study using other financial intermediaries with similar deposit and asset features such as Deposit Taking Micro Finance Institutions.

scholarly journals INFLUENCE OF CORPORATE STRATEGIES ON FINANCIAL PERFORMANCE OF OIL MARKETING COMPANIES IN KENYA

2018 ◽  
Vol 3 (1) ◽  
pp. 45
Author(s):  
Anne Ingabo ◽  
Dr. Allan Kihara
Keyword(s):  
Financial Performance ◽  
Survey Design ◽  
Target Population ◽  
Primary Data ◽  
Unique Contribution ◽  
Diversification Strategy ◽  
Oil Companies ◽  
Corporate Strategies ◽  
Positioning Strategy ◽  
Descriptive Survey

Purpose: Strategy is the direction and scope of an organization over the long term, which achieves competitive advantage in a changing environment. Strategic marketing is an organization’s process of defining its strategy and making decisions on allocating its resources to pursue this strategy, including its capital and people. The main purpose of the study was to stablish the influence of corporate strategies on financial performance of the oil marketing companies in Kenya Methodology: This study adopted descriptive survey design. The target population for this study was23 oil companies in the oil industry in Kenya. The study used primary data which was collected through self-administered questionnaires. The researcher utilized mixed method which included qualitative and quantitative techniques in analyzing the data. Results: The findings showed that all the strategies under study lead to significantly affects financial performance Oil Marketing Companies in Kenya. The greatest variation in performance is led by diversification strategy diversification at 0.398 increase, followed by positioning strategy will lead to 0.376, Mergers and acquisitions strategy, at 0.355 and finally Outsourcing strategy at 0.332. This means that if companies employ these strategies especially diversification and positioning strategies, then their investment opportunities will increase thereby increasing their revenue and financial performance Unique contribution to theory, practice and policy: In order for Oil marketing Companies to enhance their financial performance through outsourcing strategy, they need to take outsourcing idea a step further to collaborate with competitors so as to find shared solutions. The Oil marketing companies in Kenya also need to train their personnel so as to appreciate the concept of outsourcing strategy, and the best practices and systems that will enhance their financial performance.

Sign in / Sign up

Export Citation Format

Share Document