Navigating Risk: A Deep Dive into Credit Risk Management Practices and Loan Performance in Kenya's Fintech Frontier
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 01
Abstract
This study aimed at evaluating how credit risk management practices affect the loan performance of Fintech companies in Kenya. In particular, the study determined how credit terms, credit analysis, and credit mitigation affected loan performance. The research design used for the study was descriptive with the responders being credit officers from the Fintech companies in Kenya. Descriptive and inferential statistics were used to examine the information gathered from 62 Fintech companies through a primary data study that relied on questionnaires for data collection. Data collected was analyzed using descriptive statistics that yield tables, charts, mean and standard deviation that gave meaning to the data collected. The regression equation revealed that the predictors were significant and explained the model at an R squared of 80.5% to yield the study findings that credit risk management play a critical role in determining how well Fintech companies in Kenya operate when it comes to borrowing money and expanding their loan portfolio.
Authors and Affiliations
Josphat Njoroge Kabui, Ibrahim Tirimba Ondabu
Keywords
Related Articles
- EP ID EP729714
- DOI 10.47191/jefms/v7-i1-20
- Views 45
- Downloads 0
The Influence of Pro-Environmental Behavior, Lifestyle and Eating Behavior of Consumers on Food Waste and Loss Prevention Behavior Mediated by Environmental Awareness of Star Hotel Consumers in Padang City
This research aims to determine The Influence of Pro-environmental behavior, Lifestyle and Eating behavior of Consumers on Food waste and loss prevention behavior Mediated by Environmental Awareness of Star Hotel Consume...
Shifting Cultivation and Strategies to Cope with Food Scarcity of Ethnic Minorities in Nghean province, Vietnam
Shifting cultivation is still an important form of agricultural production and is suitable for mountainous areas. To ensure food security and improve the lives of mountainous residents, it is necessary to have active sw...
An Analysis of Transportation Costs and Performance of Public Sugar Manufacturing Firms in Kenya
The sugar industry in Kenya has been in existence since the early 1920s. A report by the Export Processing Zone Authority (2015) indicates that the sugar industry supports more than six million people in the country; rep...
Social Audits: A Remedy to a Happy Workplace and an Assurance to Better Performance of SMEs in Uganda.
This research paper explores the role of social audits in promoting a happy workplace and enhancing the performance of Small and Medium Enterprises (SMEs) in Uganda. Despite the growing recognition of the importance of s...
Higher Education System in The Republic of Uzbekistan: Modern Trends and Developments
The article discusses the international and domestic experience in the higher education development of the Republic Uzbekistan, implementation of different education forms, reveals the recent trends and its analysis has...