ABSTRACT In recent years, financial literacy has come to play an important role in financial reforms across the world. Modern technological developments and market liberalization have resulted in complicated financial products. There is the perception of inadequate and even total lack of financial literacy, hence to solve this many organizations have invested resources to financial education programs, targeting to access majority of the population in future. The objective of the research was ...
Open membership policy can be a contributory factor when it comes to loan performance in SACCOs and improvement of the same. Taking into consideration opening the bond to outsiders and allowing them to becoming members of SACCO’s even if they do not belong to such a community would increase the share capital volume, loan application volume, interest grown on loans and credit worthiness is also boosted. The study was motivated by the competition in the financial institutions and since SACCOs...
ABSTRACT Globally, education plays a fundamental role in human capital development in both developed and developing countries. Consequently, the performance of the higher education institution worldwide is of great interest to any stable state. However, there have been growing concerns over the performance of the universities globally. Though it is evidence in literature that performance excellence of any organization depends on a number of factors; social factors, environmental and culture ...
ABSTRACT Management uses strategy formulation to measure negotiated performance goals. Formulation of strategy occurs at corporate, business and functional levels. Strategy formulation is anchored in what way to exploit the power and eliminate obstruction that inhibit sharing and creation of innovative information, thus proper formulated strategy enhances output in public institutions through enhanced profitability, efficiency and competitive advantage. Challenges faced in strategy formulati...
ABSTRACT Kenya is the world’s top performer in terms of real estate transparency and there has been a phenomenal growth in real estate investment in Kenya in the last ten years (2005-2016), with returns that way outdo the returns in the security markets. Despite this, in Kenyan market, which yields a 6% returns in East Africa remains the fastest growing compared to other emerging markets in Uganda and Tanzania. This study explored the behavioural biases of real estate investors in the Keny...
The emergence of underground economy which majorly deals with cash has led to the evolution of another category of tax fraud method because this kind of businesses does not leave a trail of any transaction making it easy to evade tax and conceal the practice. Underground economies are reluctant to transact using electronic funds transfer, credit and debit cards, does not issue invoices or cheques. Tax fraudsters manage to remain one step ahead also by using services of well-heeled lawyers and...
Coffee farming has shown to be two to four times more effective in raising the incomes of the poor than non-agricultural activities. However, the full potential of coffee production has been facing several challenges. This study analyzed strategies for reviving coffee production in cooperative societies in Meru county Kenya. The objectives of the study were to evaluate the influence of land ownership, coffee financing, coffee pricing, and corporate governance in cooperative societies on reviv...
Sacco's main objective is to empower people's financial health through mobilizing members' savings and issuing credits. Word bank 2017 report showed that more than 1.2 billion persons globally belonged to at least one or two of 3 million co-operatives in the world. Kenya’s Sacco sector is the largest in Africa and the seventh worldwide with 8 million members in more than 11,000 registered Sacco’s. Out of these, 230 have Front Office Service Activities (FOSAs). The study sought to assess t...
ABSTRACT Dynamics as well as uncertainty in operation of organizations for future success requires strategy formulation and implementation of organizational objectives which brings about the understanding of the organizational processes, brings new perspectives, provide solutions, ease of making decisions, strategic priorities, attain sustainable value while upholding a culture of knowledge, control systems and trust. It is noted that the demand for quality service delivery requires a cultur...
ABSTRACT This study is being carried to assess the mid-point (2000-2007) achievement of goal one(eradicate extreme poverty and hunger) of Millennium Development Goal in Nigeria. The research is guided by three Hypotheses which are drawn from the Problem statements and objectives of the study. Related literatures are reviewed in the study. The Data are sourced from both the Primary and Secondary sources available. The questionnaire is the only source of primary data collection. The ques...
ABSTRACT The study analyzed the effects of organization breaches on drug inventory security management for the health institutions in Nyeri County Kenya. The study was guided by four specific objectives; to analyze the effect of organizational regulation, storage infrastructure, skills of the staff and internal environmental factors on drug inventory security management in health institutions, Nyeri County. Drugs in health institutions are mismanaged by handlers for personal interest when th...
ABSTRACT Many public health facilities have experienced employee discontent in the recent past contributing to a decline in the delivery of healthcare services. This was due to delayed salaries, poor working climate, insufficient facilities, and lack of engagement on the part of management to communicate with workers. This study, therefore, sought to establish the relationship between employee voice strategies and performance of public health facilities in Imenti North Sub County, Meru Count...
ABSTRACT The growth of Islamic banking has been on a steady increase hence currently a force to reckon with in the financial market. This banking subsector is presently competing for market share with conventional banks. The purpose of this study was to assess the effect of mortgage financing on profitability of Islamic banks in Kenya. Specifically, the study sought to establish the effect of interest-free mortgage financing on Profitability Islamic banks, to explore how collateral requireme...
Research in entrepreneurship education is dynamic owing to the fact that it has a myriad of dimensions and faces. However, learning theories like social cognitive theories have not gained noteworthy or increased attention in the entrepreneurship education community. Grounded by the Social Cognitive Career Theory, the main objective of this study was to ascertain the connection shared by social cognitive career predictors, entreprenology and entrepreneurship education as a specialization among...
ABSTRACT Credit risk poses substantial exposure both to the banks and the economy; a scenario evident in East Africa financial crises; this in part owing to the fact that the banking sector is vital in any economy. The decline of profitability within the banking industry and financial losses can be attributed to credit exposures that went awry. This underscores the significance of management of credit risk within the banking sector. While lending is profitable for the banks especially on acc...