The impact of budgeting on the financial performance of MFIs in Uganda:
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Date
2019-09
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Publisher
Kampala International University, College of Economics and Management
Abstract
The study was to establish the impact of budgeting on the financial performance of MFIs in
Uganda. Objectives of the study were; to assess the effects of budgeting on the financial performance of MFJs in Uganda, to establish the relationship between budgeting and financial performance of MFIs in Uganda. And to find out whether budgeting is a measure of financial performance in MFTs in Uganda. The study population included company workers from departments of Human resource. Procurement, Sales and marketing, Production and operations and Finance department. The qualitative research design was employed. The sample size comprised of a representative sample of 30(60) employees in total with a sample selection of 8 from the human resource, 3 from procurement, 8 from production and operations, 9 from sales and marketing and from the finance department. Therefore, the researcher used 30 employees. The researcher recommended that embracing external completion in order to promote innovation by not protecting local MFIs, Societies support for MFIs should be continued because support is critical in improving motivation for potential investors and the government should give tax holidays to emerging MF1s to encourage many people to open up their own MFIs.
Description
A Research Report Presented to the College of Economics and Management in Partial Fulfillment of the Requirements for the Award of a Bachelors Degree of Business Administration of Kampala International University
Keywords
Budgeting, Financial performance, MFIs, Uganda, Pride microfinance, Mukono district