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 →
16
Effect of Channel Design on the Sales Performance of Monitor Publications Limited, Kampala, Uganda
Kambedha Maria
Radio Newspaper Channel Design Sales Performance
17
Effect Of Credit Terms On Loan Portfolio Performance In Butuuro People’s Sacco Nyakabirizi Main Branch, Bushenyi District, Uganda
Agaba Evason
Credit Terms Loan Portfolio Performance Small Businesses and Enterprises
18
Female Headed House Holds and Family Welfare in Kasese District: A Case Study of Kasese Municipality
Biira Esther Bairinga, Sekiswa Peter
Family Welfare and Households
19