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dc.contributor.authorChepkutwo, Donald
dc.contributor.authorJagongo, Ambrose
dc.contributor.authorOkech, Timothy
dc.date.accessioned2020-01-29T13:17:59Z
dc.date.available2020-01-29T13:17:59Z
dc.date.issued2019
dc.identifier.citationInternational Journal of Management and Commerce Innovations, Vol. 7, Issue 1, pp: (224-231)en_US
dc.identifier.issn2348-7585
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/20112
dc.descriptionResearch articleen_US
dc.description.abstractMicrofinance institutions in Kenya are currently registered under eight different Acts of Parliament; The Non Governmental Organizations (NGO) Co-ordination Act, the Building Societies Act, the Trustee Act, the Societies Act, the Co-operative Societies Act, The Companies Act , the Banking Act and the Kenya Post Office Savings Bank (KPOSB) Act. Some of these forms or registrations do not address issues regarding ownership, governance, and accountability. They have also contributed to a large extent to the poor performance and eventual demise of many MFIs because of a lack of appropriate regulatory oversight. This paper aims to identify whether the absence of a regulatory framework has had any effect on the outreach and sustainability of microfinance in Kenya. This paper concludes that that the major challenge hindering outreach and sustainability of micro finance institutions in Kenya is lack of specific legislation and set of regulation to guide the operation of microfinance subsector. Also, the paper creates a platform where further insight can be provided through empirical research.en_US
dc.language.isoenen_US
dc.publisherResearch Publish Journalsen_US
dc.subjectMFIen_US
dc.subjectMFI Regulationsen_US
dc.subjectPrudential guidelinesen_US
dc.subjectCBKen_US
dc.subjectGuidelinesen_US
dc.subjectMicrofinanceen_US
dc.titleImpact of CBK Prudential Guidelines on MFI Operations in Kenyaen_US
dc.typeArticleen_US


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