Debt Collection Management and Financial Performance: A Case Study of Pride Microfinance Institution, Kabalagala branch

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Date
2018-04
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Publisher
Kampala International University, College of Economics and Management Sciences .
Abstract
The study was carried out to find out the relationship between credit management and loan performance in micro finance institution, taking a case study of Pride, Kabalagala Uganda. The study aimed at investigating the relationship between credit management and loans performance in Pride micro finance institution. The study applied both qualitative and quantitative research designs where interviews and questionnaires were used. Data was collected from both primary and secondary sources. Data was processed and analyzed using formal, tables, pie charts, narrative text and correction to find out the relationship between credit management and loans performance at Pride microfinance institution Kabalagala branch. A total of 35 respondents were considered out of the entire population. TI1e findings indicated that there is credit policies, loans recovery mechanism at Pride microfinance and different recommendations were suggested such as; financial accounting and reporting procedures to ensure better performance, there is need for more resource to be mobilized and help finance the institution, there is need for periodic auditing and inspection on performance of entire institution and come up with risk mitigating strategies to address the challenge of bad debts, default by clients.
Description
A research report Submitted to the College of Economics and Management in Partial Fulfillment of the Requirement for the Award of Bachelor of Business Administration of Kampala International University.
Keywords
Debt Collection Management, Financial Performance, Pride Microfinance Institution, Kabalagala branch
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