The Role of Microfinance Institutions to the Poor in Southern Sudan: A Case Study of Juba County Microfinance Institution southern Sudan

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Date
2010-08
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Kampala International University, bachelors degree in business administration
Abstract
The research was conducted in juba county microfinance institution which is located in Juba county southern Sudan. The research topic was "the role of microfinance institutions to the poor. The research took a period of three months the respondents consisted of (20) juba county clients, MFI (5) managers, (5) Bankers, and (20) community members. The research was guided by the objectives and the research questions of the study. The research questions were; what is the role microfinance institutions to the poor?, what is the relationship between microfinance institutions and economic development?, and what are the challenges met by microfinance institutions in their. attempt to provide financial services to the poor. On the role of microfinance institutions to the poor, the finding revealed that; issuance of the loans, loan recovery, advice on financial management, and funding of development projects were the answers given by the respondents. On the relationship between micro financial institutions and economic development, the findings found out that there is a strong link between microfinance institutions and economic development. On the challenges met by microfinance institutions in their attempt to provide financial services to the poor, . the findings revealed that; ignorance of the public, low savings by the poor, poor financial management, public failure to pay debts, and lack of government support were the answers given by the respondents. The researcher then came up with conclusions and recommendations after the findings of the study.
Description
A dissertation Submitted to the School of Business and Management in Partial Fulfillment of the Requirements for the Award of the Degree of Bachelors of Business Administration of Kampala International University
Keywords
Microfinance Institutions, Poor, Juba County Microfinance Institution
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