International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


Downloads: 110

Research Paper | Management | Kenya | Volume 3 Issue 10, October 2014


Effect of Firm Characteristics on Performance of the Microfinance Sector in Nakuru, Kenya

Zachary Muhindi Kisengo | Henry Kombo [2]


Abstract: Microfinances are set up to finance small enterprises but still they do meet the capital needs of the entrepreneurs. Therefore in spite of the importance of this sector, the provision and delivery of financial services by these firms has been below expectation. Literature suggests that firm characteristics determine performance of microfinances but it is not clear to what extent. The objective of study was to examine the effect of firm characteristics on the performance of the microfinance sector in Kenya. The study adopted correlational research design. A census was done on the 48 institutions registered with AMFI and operating in Nakuru. Primary data was collected using questionnaires. This was supplemented with secondary data. Data on firm characteristics and organizational performance was summarized using descriptive statistics. The relationship between firm characteristics and performance of MFIs was examined using correlation. The effect of firm characteristics on performance of microfinances was determined by regression analysis. Findings revealed that firm characteristics have a significant positive effect on performance of MFIs. Structure related characteristics had the greatest while capital related had the least effect on performance of microfinances. It is recommended that practitioners address and nurture firm characteristics to improve on performance of the sector.


Keywords: Characteristic, Entrepreneurship, Microfinance, Organizational Performance


Edition: Volume 3 Issue 10, October 2014,


Pages: 1791 - 1799


How to Download this Article?

You Need to Register Your Email Address Before You Can Download the Article PDF


How to Cite this Article?

Zachary Muhindi Kisengo, Henry Kombo, "Effect of Firm Characteristics on Performance of the Microfinance Sector in Nakuru, Kenya", International Journal of Science and Research (IJSR), Volume 3 Issue 10, October 2014, pp. 1791-1799, https://www.ijsr.net/get_abstract.php?paper_id=OCT14434

Similar Articles with Keyword 'Characteristic'

Downloads: 2 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Research Paper, Management, Tanzania, Volume 12 Issue 9, September 2023

Pages: 480 - 482

The Critical Success Factors Affecting Tanzania National E-Procurement System Adoption on Performance of Public Procurement in Tanzania: A Case of Rural Water Supply and Sanitation Agency (RUWASA)

Davis Fulgence

Share this Article

Downloads: 4 | Weekly Hits: ⮙1 | Monthly Hits: ⮙4

Analysis Study Research Paper, Management, Niger, Volume 12 Issue 12, December 2023

Pages: 461 - 468

Growth Determinants of Newly Created SMEs: the Case of Niger

Moustapha Aliou Ridda [2] | Nassir Warzagane Ibrahim [2] | Mamoudou Younoussa Daouda [2]

Share this Article
Top