Record Details

The Regulatory and Supervision Framework of Microfinance in Kenya

International Journal of Social Science Studies

View Archive Info
 
 
Field Value
 
Title The Regulatory and Supervision Framework of Microfinance in Kenya
 
Creator Ali, Abd Elrahman Elzahi Saaid
 
Description Microfinance is one of the essential branches of lending that is used to mitigate the negative impact of the increasing incidence of poverty and unemployment in Kenya. This highlights the important need for an effective regulatory and supervisory framework for Microfinance Institutions (MFIs) in this country. This research attempts to investigate the performance of the Kenyan microfinance regulatory and supervisory framework through extracting and analyzing secondary data sources. Kenya has not unified the regulatory and supervisory framework for the microfinance sector based on the results of the logical descriptive analysis. The involvement of different bodies, which are include associations, clubs and churches, in regulation might have weakened the effectiveness of outreach and represents more challenges for the microfinance sector in Kenya. However, these results have strong implications for the regulators and the governments when they tried to regulate MFIs.
 
Publisher Redfame Publishing
 
Contributor
 
Date 2015-08-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://redfame.com/journal/index.php/ijsss/article/view/1004
10.11114/ijsss.v3i5.1004
 
Source International Journal of Social Science Studies; Vol 3, No 5 (2015); 123-130
2324-8041
2324-8033
 
Language eng
 
Relation http://redfame.com/journal/index.php/ijsss/article/view/1004/939