MST-School of Business
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This collections contains bibliographic information and abstracts of Master theses and dissertation in the School of Business held in Kenyatta University Library
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Browsing MST-School of Business by Author "Abdikheir, Aden Hussein"
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Item Loan Restructuring and Performance of Small and Medium Enterprises Post Covid 19 Pandemic in Nairobi City County, Kenya(Kenyatta University, 2024-05) Abdikheir, Aden HusseinSMEs have proven continuous cruciality in economies throughout the world. Kenya's SMEs are crucial in the provision of goods and services, increasing competition, stimulating inventions, creating jobs, while ultimately, alleviating poverty. However, SMEs in Kenya are closed every five years, with an average age of three years and eight months. Against this backdrop, this research probed into loan restructuring implications on SME performance post COVID-19 epidemic in Nairobi City County, Kenya with particular interests in influence of loan accessibility, loan costs, loan design, and financial literacy. Loanable fund theory, contingency theory, and capital structure theory was the study’s anchor. Employing explanatory research and 268,100 licensed SMEs as the target population, 400 was picked at random from diverse sectors. A semi-structured questionnaire amassed data. Quantitative data was analyzed descriptively and inferentially. The study found that loan accessibility (β =2.575, p=0.001), loan cost (β =3.432, p=0.003), loan design (β =2.464, p=0.002) and financial literacy β =2.687, p=0.003) had a positive significant influence on the SMEs performance post COVID 19 in Nairobi. The study concludes that access to loans allows SMEs to grow or relocate to new locations to hire more employees and access to loans allows SMEs to employ additional staff, as expansion necessitates more personnel to meet business demands. Loan cost supply organizations with the financial resources required to fund growth and expansion, including acquiring new equipment, enlarging operations, or investing in research and development. Loan design assist SMEs in identifying optimal interest rates and loan terms without requiring extensive hours of researching various alternatives. Possessing a solid grasp of the financial consequences of choices allows SMEs to make data-driven and analytical decisions. The study recommends that the SMEs should encourage a variety of financial institutions that utilize different business models and function in various geographic areas to cater to unique customer segments. SMEs should recognize, rank, and allocate them to a dedicated team and limit services for customers who are not generating profit. SMEs should enhance loan origination and servicing through automation/digitization and provide a range of loan products to address customer demographics. The SMEs should customize the content and presentation since various audiences possess distinct needs, preferences, and obstacles to learning