DSpace Angular :: Browsing by Author "Panther, Michael"

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Internal Controls on Cash Flow Management in an Organization: A Case Study of Pride Microfinance Ltd.
(Kampala International University, bachelors degree in business administration(Finance and Banking Option), 2010-12) Panther, Michael
Pride Micro finance includes the entire spectrum of financial services for broad sectors of the population, but particularly for the poor, but refers not only to small and micro loans, but also saving products to savings products insurance and money transfers. In short, microfinance means specialist financial services to disadvantaged people. The study aimed at internal controls on cash flow management in an organization. The Pride microfinance institutions in Uganda have been charging high interest on the loans hence discouraging borrowing as the loan tend to be expensive for the poor. The objectives and hypothesis of the study vigorously focused into the trends, causes and implications of this notion. For pride microfinance to achieve their objective of making credit available, they have to eliminate predatory lending to the poor Ugandan. The government has also to involve the microfinance institutions in their discussion table when setting the interest ceiling rate for them. This will ensure the interest charged by the Pride microfinance will allow the profitability and growth of the institutions as well facilitate the availability of credit to the poor.