Effect of repayment period on loan performance in Moi University SACCO, Eldoret, Kenya
Journal Title: International Journal of Business and Management Invention - Year 2017, Vol 6, Issue 10
Abstract
The objective of this study was to find out the effect of repayment period on loan performance of a SACCO and was guided by Default Risk Models and Credit Scoring Models. Data collected was analyzed using descriptive statistics such as frequency and percentages. Further, inferential statistics applied include Pearson correlation and chi square. It was found out that that there is positive relationship between loan repayment and a long repayment period and this depict that repayment period of a loan affects loan performance of a SACCO. SACCO should adopt lean ways of loan recovery.
Authors and Affiliations
Kirui D. Kipngetich1
Keywords
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