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EFFECTS OF COLLATERAL REQUIREMENT ON LOANS PROVISIONS: CASE STUDY OF SACCOS IN KENYA
ISSN: 2320 - 5407
Publisher: author
EFFECTS OF COLLATERAL REQUIREMENT ON LOANS PROVISIONS: CASE STUDY OF SACCOS IN KENYA
Indexed in
Science General
ARTICLE-FACTOR
1.3
Article Basics Score: 3
Article Transparency Score: 3
Article Operation Score: 3
Article Articles Score: 2
Article Accessibility Score: 3
SUBMIT PAPER ASK QUESTION
International Category Code (ICC):
ICC-1402
Publisher: International Journal Of Advanced Research (ijar) Dr Morse
International Journal Address (IAA):
IAA.ZONE/232074055407
eISSN
:
2320 - 5407
VALID
ISSN Validator
Abstract
The study sort to establish the relationship between collateral requirement and loan provision in SACCOs in Kenya. Descriptive survey research design and stratified random sampling method was used. The sample size used was 84 respondents comprising of three operation managers, four credit officers, three customer service officers and seventy-four registered saccos members. The study was guided by Classical interest, Keynesian Liquidity and Time preference theories. Results indicated that collateral requirements had great influence on loans provisions in SACCOs. The study recommended that SACCOsshould ensure collateral requirements policies are put in place in order to improve their loan portfolios and also consider using credit policy documents from other successful similar organizationsas a benchmark for best practices. The findings contributed to new knowledge to literature and theory.
