Governance practices of MFI's in Kenya
Abstract
This study was conducted with the objective of establishing the level of governance
awareness and practices of Micro Finance Institutions in Kenya. A World Bank review
on corporate governance (2000) observes that major corporate failures are often the result
of incompetence, fraud, and abuse of power and responsibilities and that only through an
improved system of governance can organizations address these issues.
The objectives of the study are outlined below:
(a) To establish and document the current governance practices in MFI's in Kenya.
(b) To establish the level of awareness on effective Institutional Governance in MFI's in
Kenya and to suggest guidelines for implementation.
A census of the population was taken. Majority of the MFI's were either located or
headquartered in Nairobi.
The analysis of the data is presented in two stages. The first stage presents the data on the
awareness of governance issues. The second presents data on actual practices of MFI's
with regards to governance. The data from the completed questionnaire was summarized
and presented in tables and percentages.
Out ofa population of60 MFI's presented in Kabiru's compilation of 1987, 35 MFI's
responded. This gave an overall response rate of approximately 60%.
Citation
Masters Of Business Administration (MBA) Degree, University of NairobiPublisher
University of Nairobi School of Business
Description
A Management Research Project submitted in
partial fulfillment of the requirements of the
Master of Business Administration Degree