Relevance of Loan Recovery on Microfinance Institution Performance: A Case of Pride Microfinance
| dc.contributor.author | Douglas Nabaasa Kacuriza | |
| dc.date.accessioned | 2024-12-12T14:40:48Z | |
| dc.date.available | 2024-12-12T14:40:48Z | |
| dc.date.issued | 2024-09-16 | |
| dc.description.abstract | The study dwelled to examine the relevance of loan recovery on micro finance institution performance: a case of pride micro finance. The study was guided by the following specific objective :to examine the practice of credit assessment in pride micro finance limited, mukono branch.: to find out the challenges faced in recovering loans in pride micro finance limited, mukono branch.: to establish the relationship between credit assessment and loan recovery in pride micro finance limited. The study was conducted at the mukono branch of pride micro finance limited. The organization targets micro, small, and medium-sized business owners as well as wage earners engaged in a variety of economic activities with a broad array of products and services across multiple industries. At the pride micro finance mukono, the researcher employed a study sample of 40 participants from a total population of 70, including top management, loan officers, and loan inspectors, as well as clients and their support staff. The findings of the study showed largely that the practice of credit assessment at pride micro finance Limited’s mukono branch is designed to ensure that loans are granted to creditworthy individuals and businesses while managing associated risks. The findings showed that this process involves a comprehensive evaluation of the borrower's financial situation, including an assessment of their income, credit history, and business viability. The study recommended that there was need to Utilize sophisticated credit scoring models and risk assessment tools to better evaluate the creditworthiness of borrowers. This can improve the accuracy of credit assessments and help in identifying potential risks more effectively. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/2508 | |
| dc.publisher | Uganda Christian University | |
| dc.title | Relevance of Loan Recovery on Microfinance Institution Performance: A Case of Pride Microfinance |