Impact of financial services association of Rongo on small scale enterprise performance in Rongo, Rongo District Kenya
Loading...
Date
2009-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, Institute of Open and Distance Learning
Abstract
This research report is about Impact of financial services association of Rongo on
small-scale enterprise performance in Rongo town, Rongo district of Kenya. The
investigation was guided by objectives that did seek to identity different types of
services the NGO offer to its clients, FSR loan disbursement, loan recovery trends.
problems faced by FSAR and clients due to the loan facility and effects of FSAR
financial assistance to selected small scale entrepreneurs.
The investigation revealed that many SSEs have accessed FSAR loan facility which
has helped them realize positive growth in their business performance. A part from
financial assistance in the form of loans. the institute has also offered services such as
savings, trainings and counselling for her clients.
To control the problem of loan defaulters rate revealed by the investigation results, the
researcher recommended that check off system of loan recovery be introduced to
recover loans from those who operate bank account with the institution and if
possible, the arrangement should be negotiated with other banking institutions where
their clients would be operating bank accounts. It was also recommended that
members be asked to engage in self supporting activities like mini Harambee to group
members, Mary go round contributions, etc tor their sustainability.
Description
A research report submitted to the Institute of Open and Distance Learning in partial fulfillment of the requirement for the Award of Bachelor of Education of Kampala International University
Keywords
Financial services, small-scale enterprises