Internal Controls on Cash Flow Management in an Organization: A Case Study of Pride Microfinance Ltd.
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Date
2010-12
Authors
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Journal ISSN
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Publisher
Kampala International University, bachelors degree in business administration(Finance and Banking Option)
Abstract
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.
Description
A Research Dissertation Submitted to the School of Business and Management in Partial Fulfillment of the Requirements for the Award of the Bachelor's Degree in Business Administration (Finance and Banking Option) of Kampala International University
Keywords
Internal Controls, Cash Flow Management, Pride Microfinance Ltd