Effect of Financial Innovation on Profitability of Deposittaking Microfinance Institutions in Kenya
Abstract
The purpose of the study was to determine the effect of financial innovation on
profitability of Deposit-Taking Microfinance Institutions in Kenya. Data was collected
from 9 Deposit taking microfinance’s in Kenya. The data analysis techniques included
descriptive statistics. Study results indicated that financial innovation indeed contributes
to and is positively correlated to profitability in the financial sector.
Publisher
University of Nairobi