Browsing by Author "Njoroge, Elizabeth Wambui"

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    Credit Factors and Loan Accessibility in Deposit-Taking Savings and Credit Cooperative Organizations in Kenya
    (INTERNATIONAL JOURNALS OF ACADEMICS & RESEARCH (IJARKE Business & Management Journal), 2024) Njoroge, Elizabeth Wambui; Makori, Daniel
    Savings and Credit Cooperative Societies (SACCOs) are pivotal in enhancing financial inclusion in Kenya, particularly among low-income and rural communities, by providing credit and savings services. Despite the growth of Deposit-taking SACCOs (DT-SACCOs), recent surveys show a decline in loan accessibility. This study investigates how critical credit terms impact loan accessibility in licensed DT-SACCOs in Kenya, utilizing theories including agency theory and financial theory. The research objectives include evaluating the effects of product range, collateral requirements, product characteristics, and lending procedures on loan accessibility. Using a descriptive research design, data was collected from 122 credit managers of DT SACCOs. Analysis involved descriptive and inferential statistics, with MS Excel and SPSS. The study found that changes in product range, collateral requirements, product characteristics, and lending procedures significantly affect loan accessibility in DT-SACCOs. It recommends SACCO management invest in product innovation, conduct regular market research, and offer flexible repayment periods to better meet the needs of clients. This includes providing tailored products like business and agriculture loans, understanding customer preferences, and ensuring loan repayment terms are manageable for borrowers.
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    Reunification Process of Unclaimed Financial Assets and Its Success Rate in Kenya
    (Kenyatta University, 2025-11) Njoroge, Elizabeth Wambui
    This study explored the effect of the reunification process of unclaimed financial assets on its success rate in Kenya. The management of these assets in Kenya is governed by the unclaimed financial assets act 2011.The act establishes the UFAA which is the authority given the responsibility to manage these assets. In addition, the act establishes the UFATF. The UFATF is the fund that holds the unclaimed financial assets under the management of the UFAA. Despite the establishment of UFFA, reports have shown that there are still worries concerning the under-declaration of these assets and there is still a low re-unification with the proprietors. Past studies have focused on the effect of unclaimed financial assets on the financial performance of various institutions. The study was on reunification process of unclaimed financial assets on the reunification success rate. The objectives were to determine the effect of the search for unclaimed financial assets, the claims filling process, and other collaborative initiatives on the success rate of reunification in Kenya. Theories were theory of escheatment. The study design was descriptive. Census sampling was used to sample all the 32 employees as respondents in the study. A questionnaire and an interview schedule were used. Descriptive and inferential statistics through multiple linear regression were utilized in analyzing the data. The study established that search for unclaimed assets claim filling process and collaboration initiative had significant influence on the success rate of reunification in Kenya. P-values were less than the adopted threshold P <0.05) hence all the null hypothesis were rejected. The study endorsed that in order to ensure better transparency to the authority by holders of the actions taken to contact specific clients prior to surrendering assets to the UFAA, the Unclaimed Financial Authority (UFAA) should create robust systems. Additionally, the UFAA should put up a system for the prudent handling of unclaimed financial assets across all industries. Additionally, the authority has to implement consistent accounting and reporting standards for these assets across all industries and run effective public education and financial literacy initiatives. Laws and regulations on such assets should be reviewed to revise the charges incurred in the claiming process.