Budgetary control and financial performance of microfinance Institutions in Uganda:
Loading...
Date
2019-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The study was to establish the effect of budgeting on the financial performance of microfinance institutions in Uganda. Objectives of the study were; to assess the role of budgetary control on the financial performance of microfinance institutions in Uganda, to find out whether budgetary control is a measure of financial performance of microfinance institutions in Uganda and to establish the relationship between budgetary control and financial performances of microfinance institutions in Uganda. The study population included company workers from departments of
Human Resource, Procurement, Marketing, Operations and Finance department. The qualitative research design was employed. The sample size comprised of a representative sample of 60(52) employees in total with a sample selection from the human resource, procurement, operations, marketing and finance departments. The researcher recommended that embracing external completion in order to promote innovation by not protecting local microfinance institutions,
Societies support for microfinance institutions should be continued because support is critical in improving motivation for potential investors and the government should give tax holidays to emerging microfinance institutions to encourage many people to open up their own microfinance institutions.
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
Budgetary control, Financial performance, Micro finance Institutions, Uganda, Pride Micro finance Limited, Bushenyi district