Effects of selected economic growth indicators on the financial performance of Sacco societies in Kenya

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dc.contributor.author Nyandika, Julius Nyaata
dc.contributor.author Muturi, Willy
dc.contributor.author Mogwambo, Vitalis A.
dc.date.accessioned 2018-11-22T07:30:31Z
dc.date.available 2018-11-22T07:30:31Z
dc.date.issued 2016
dc.identifier.issn 2412-0294
dc.identifier.uri http://ir.jooust.ac.ke:8080/xmlui/handle/123456789/2967
dc.description.abstract The purpose of this study was therefore to assess the effects of economic growth indicators on the financial performance of the SACCO’s in Kenya taking Kenya Achievas Sacco Society limited as a case study. Four theories that were adopted for the research were; Irvin Fisher’s theory on real interest rates, Bentil Ohlin’s loanable Funds Theory, John Maynard Keynes’ classical theory of interest rate and Keynesian Theory of inflation. The research found out that there was strong positive relationship between economic growth indictors with financial performance of SACCOs in Kenya. It was also discovered that high inflation rates and high interest rates had strong effect on financial performance of SACCOs in Kenya since they affected the members savings and borrowing for investments from SACCOs. en_US
dc.language.iso en en_US
dc.publisher ijssit.com en_US
dc.subject Effects en_US
dc.subject Growth Indicators en_US
dc.subject Financial Performance en_US
dc.subject Savings and Credit Co-operative (SACCO) en_US
dc.title Effects of selected economic growth indicators on the financial performance of Sacco societies in Kenya en_US
dc.type Article en_US


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