MJAMR

Credit Recovery Policy And Financial Performance Of Microfinance Institutions In Uganda. A case Study Of Pride Microfinance Kampala Branch

Ariyo Gracious Kazaara


Abstract

The study aimed at credit recovery policy and financial performance of microfinance institutions in uganda. a case study of pride microfinance kampala branch. In investigating the intricate relationship between credit recovery policy and financial performance of microfinance institutions in Uganda, with a specific focus on the Pride Microfinance Kampala Branch, a comprehensive and systematic methodology was employed. The research design embraced a mixed-methods approach, incorporating both qualitative and quantitative techniques to provide a holistic understanding of the multifaceted dynamics at play. Findings of the study shown the relationship between credit recovery policy and financial performance (dependent variable). It shown that through bivariate means, the correlation between Loan recovery policy and financial performance is (r) = 0.577. This implied that there was a moderate positive relationship between the two variables since the significant value was 0.000 which was less than 0.05 (p < 0.05). The management of Pride Microfinance Uganda limited and Microfinance institutions should consider revising and reestablishing it procedures of collecting credits from clients so as to be cost-effective. This can be done by using alternative and cheaper sources of debt collection procedures. Therefore, there is a need to develop an effective loan repayment system, Microfinance institutions’ committee members and staffs are recommended to visit borrower’s business premises and verify the borrower’s assets.

Keywords

Credit Recovery Policy Financial Performance and Microfinance Institutions
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Ariyo Gracious Kazaara (2024). Credit Recovery Policy And Financial Performance Of Microfinance Institutions In Uganda. A case Study Of Pride Microfinance Kampala Branch. Metropolitan Journal of Academic Multidisciplinary Research, 3(1). https://journals.miu.ac.ug/pages/article.php?article_id=1236

More in This Issue

View full issue →
56
Work Environment And Organizational Performance: A Case Of Kabale Local Government, Uganda
Kiconco Josephine
work environment and organizational performance
57
Working Capital Management And Financial Performance Of Mukwano Manufacturing Industry In Uganda
Kiiza Acrobert Moses
Working Capital Management Financial Performance and Mukwano Manufacturing Industry
58
Working Capital Management and Its impact on financial profitability of mukwano group of companies in Uganda
Zikusooka Enock, Edris Kasenene Serugo
payables inventory management receivables working capital management and financial