dc.contributor.author | Arodi, Jeff O | |
dc.date.accessioned | 2013-11-13T06:15:27Z | |
dc.date.available | 2013-11-13T06:15:27Z | |
dc.date.issued | 2013-11 | |
dc.identifier.citation | Arodi,Jeff O.;November,2013.The Relationship Between Outreach And Financial Sustainability Ofmicrofinance Institutions In Nairobi County. | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/58764 | |
dc.description.abstract | Several micro finance institutions (MFIs) are operating with the key objective of giving credit
services to the poor. In light of this, this paper attempted to look at MFIs financial in Nairobi
County with key focus on outreach and financial sustainability. The paper has been compiled
with the use of data obtained from secondary sources. The purpose of this study was to
investigate the relationship between financial sustainability and outreach of MFIs in Nairobi
County. The study was guided by the following research objectives, establishing the relationship
between financial sustainability and outreach of MFIs in Nairobi County. A sample of 8 MFIs in
Nairobi Countywas selected from Nairobi region.
The respondent MFIs used in the study was positively selected from Association of Microfinance
report. A cross sectional research design was adopted which involved descriptive, correlation,
factor analysis and regression approaches. Findings revealed that there was a significant positive
relationship between all the study variables financing strategies, financial sustainability and
outreach of MFIs. Results from the regression analysis showed that financial sustainability
significantly predicted of outreach of MFIs.
The study found that the industry's outreach rose in the period from 2008 to 2012 on average by
12 percent. It identified that whileMFIs reach the very poor, their reach to the disadvantages
particularly to women is limited (48.4 Percent on average). From financial sustainability angle, it
finds that MFIs are operational sustainablemeasured by return on asset is improving over time
The paper recommends that MFIs should develop appropriate financial strategies that would
enable them develop the right proportions of debt to equity putting into consideration the
accessibility of these sources of funding and also cost of such funds, adopt adequate professional
management of financial constraints so as to increase their capacity to clear debt obligations and
continue with operations and also to have various sources of finance other than donor funds in
order to improve their financial self sufficiency. | en |
dc.language.iso | en | en |
dc.publisher | University of Nairobi | en |
dc.title | The Relationship Between Outreach and Financial Sustainability of Microfinance Institutions in Nairobi County | en |
dc.type | Thesis | en |
local.publisher | College of Humanities and Social Sciences | en |