Browsing by Author "Ondabu, Ibrahim T"

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Effect of Fundamental Firm Characteristics on Operational Efficiency of Microfinance Banks in Kenya
(International Journal of Finance and Accounting, 2022) Ondabu, Ibrahim T; Witila, Christian D
This study seeks to examine the effect of fundamental firm characteristics on the operational efficiency of microfinance banks in Kenya. The independent variables were firm size, liquidity, leverage, cash reserves and asset tangibility. Descriptive research design was adopted, and study collected data from twelve (12) licensed microfinance banks in Kenya. This study adopted panel data regression model to analyse data with the assistance of STATA version 12. The analysed data was presented using tables and figures. The study found that firm size and asset tangibility had statistically significant positive effect on operational efficiency of microfinance banks in Kenya. The study further found that that liquidity, leverage and cash reserve had statistically insignificant negative effect on operational efficiency of microfinance banks in Kenya. The study recommends that microfinance banks should embrace asset tangibility on their strategic decision making and also that they can issue more debt as a strategy for more revenue generation. Also, the Central Bank of Kenya should formulate and enact a policy which makes commercial debt cheaper hence reduce cost of operations of microfinance banks so as to reduce interest rates in order to attract investors who will inject more funds into these financial firms. The study also recommends that microfinance banks ought to increase their network of branches countrywide to attract new customers to open new accounts and in so doing increase their deposits and that the Central Bank of Kenya should formulate policies that encourage microfinance banks to invest more in research and development and innovation so as to enable microfinance banks to design and develop competitive products or services that add value to the customers and which will foster their growth at large.
Impact Investing and Sustainable Livelihoods of Dairy Farmers at Githunguri Sub County, Kiambu County in Kenya
(Research Journal of Finance and Accounting, 2023) Wathika, Loice M.; Ondabu, Ibrahim T
The study sought to establish the effect of impact investing on sustainable livelihoods of dairy farmers operating in Kenya. The study focused on impact investing practices comprising of microfinance products, contract farming and environmental conservation practices. A descriptive research design was adopted in the study. The target population comprised of 22,644 farmers distributed in the 5 Wards of Githunguri Sub County in Kiambu County, Kenya. Yamane Sampling formula was utilized in deriving a sample of 398 respondents where stratified random sampling technique was adopted to randomly select the sample in the 5 wards. Quantitative data was utilized in the study and was collected through a structured questionnaire. Both descriptive and inferential statistics were employed in analyzing the gathered data. SPSS software was utilized in generating the statistics. The analysis results established that microfinance products and contract farming bear positive and significant effects on sustainable livelihoods of dairy farmers operating in Githunguri Sub County, Kiambu County. Environmental conservation practices were found to have a positive but insignificant effect on sustainable livelihoods of dairy farmers.