Financial management and productivity of micro finance institutions in Uganda case of pride micro finance limited Kabalagala branch
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Date
2009-03
Authors
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Publisher
Kampala international international, College of Economics and Management
Abstract
This research is about the financial management and productivity of micro finance institutions in Uganda. Its objectives are
(i) To identify financial management measures used by micro finance institutions in Uganda.
(ii) To establish productive measures of micro finance institutions in Uganda.
(iii) To identify factors influencing low/high productivity of micro finance institutions in Uganda.
(iv) To find the relationship between financial management and the productivity
of micro finance institutions in Uganda. It was found out that most of the respondents were females, educated and business women. Among the recommendations given are: Micro Finance Institutions should shift from a flat rate, to reduce the interests’ rate Micro Finance Institutions should mobilize savings which provide a sustainable source of funds at lower cost also has the social benefit of motivating Micro Finance Institutions to encourage savings other than borrowing from commercial banks which charge high interest rates which are passed on to the customers and Better education on when to borrow not to borrow and when saving is a better strategy, better information to clients by requiring financial institutions to disclose interest rates and fees.
Description
A dissertation submitted in partial fulfillment of the requirement for the Award of the Degree of Business Administration of Kampala international university
Keywords
Business administration, Financial management, Productivity, Micro finance institutions, Pride micro finance limited, Kabalagala branch