problems of the microfinance sub-sector and discover the possible chances of future growth of the sub-sector in Kenya.

Institution Kisii National Polytechnic
Course Banking and finance
Year 3rd Year
Semester Unknown
Posted By MAKORI KERECHA
File Type docx
Pages
File Size 144.17 KB
Views 1330
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Description

The major aim of this project is to investigate the problems of the microfinance sub-sector and discover the possible chances of future growth of the sub-sector in Kenya. Other objectives are based on the reviewed objectives of CBN on establishment of the Microfinance sub-sector. The objectives of this research are: To examine the major threats and challenges facing the microfinance banking sector. To determine the extent to which microfinance services have been made available and affordable to the active poor in Kenya. To determine the extent to which employment opportunities has improved in the country with the introduction of the microfinance policy. To know the extent to which microfinance services has affected the participation of the poor in the socio-economic development of the country. To determine the effect of loan portfolio on the profitability of microfinance banks in Kenya. To find out the extent to which savings have been mobilized or deposits increased after the introduction of microfinance services. To also recommend possible solutions to the identified problems and through this determine their chances of survival.
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