School of Business

Permanent URI for this collectionhttp://192.168.8.146:4000/handle/123456789/16

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    Role of Financing Options on the Growth of Real Estate in Kenya: A Survey of Real Estate Developers in Nairobi Metropolis
    (KCA University, 2016) Mungai, Daniel.K.
    Real estate business is an undertaking that has been perceived by many as a project that needs a lot of capital to initiate. In Kenya, investing in real estate hasn't been such a huge venture until the last 10 years. This research therefore aimed at establishing the perceived role of financing options on the growth of real estate in Kenya with a focus in Nairobi Metropolitan area. It is often difficult to fund big projects in real estate solely from personal savings. Therefore there is a need to use other sources of finance such as equity or self-financing, or mortgage from financial institutions like commercial banks, insurance companies and mortgage institutions or venture capital. This research paper was guided by four specific objectives; To assess influence of mortgage financing option on the growth of real estate in Nairobi Metropolis; To evaluate the effect of savings financing option on the growth of real estate in Nairobi Metropolis: To evaluate the effect of venture capital financing option on the growth of real estate in Nairobi Metropolis: To examine the influence of equity financing option on the growth of real estate in Nairobi Metropolis. This study used primary data collected from registered developers in Kenya with an interest in Nairobi Metropolis. The sample size was 81 out of a population of 100 developers registered with Kenya Property Developers Association. The study employed descriptive research design and data was analyzed through multiple regression analysis. This study found out that the variables addressed, only explain 7.1% of the growth of Real estate in Kenya. Other factors outside this research explain 92.9% of the growth in real estate. Due to the low explanation the researcher employed confirmatory factor analysis to determine model perfect of fit. The study found mortgage financing and equity financing the only two variables with a good fit. From this study, then there is a need for more research on those other factors that have spurred growth in real estate in Kenya. This study was carried out during the period May to August 2016.
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    Effect Of Credit Accessibility Through Savings And Credit Cooperatives On The Financial Performance Of Micro And Small Enterprises In Kiambu County: A Case Study Of Micro And Small Enterprises In Tai Savings And Credit Cooperative Society Limited
    (KCA University, 2015) Njiriri, Ibrahim M.
    Micro and Small Enterprises (MSEs) play a major role in economic development, particularly in Emerging Economies, such as Kenya. However, despite this pivotal role, most MSEs hardly survive due to lack of limited access to credit. This study was motivated by the difficulty faced by MSEs in accessing credit from financial institution to sustain business growth and financial performance. The purpose of the study was to establish the extent to which credit accessibility affected the financial performance of MSEs in Kiambu County using Tai SACCO Society Limited as the case study.. The study was guided by the following objectives; to establish the effect of amount of credit to the financial performance of MSEs, to establish the effect of frequency of credit on the financial performance of MSEs and to establish the effect of credit terms on the financial performance of MSEs. The study was based on a descriptive survey design. Primary data was collected using face to face questionnaires to respondents who were owners/managers of the business while secondary data was from Tai SACCO loan records for year 2013 and other regulatory institutions. A sample size of 170 respondents was selected from a population of 850 MSEs using clustered random sampling method on the basis of the seven branches of Tai Sacco. Data was analyzed using SPSS version 20, Microsoft Excel and R studio. Regression analysis was carried out to establish the association among the variables. The results indicated a significant positive association of amount of credit and financial performance of MSEs while there existed a negative association between credit terms and frequency of credit on the financial performance of MSEs. Amount of credit contributed 3.25 % of the variance in financial performance in MSEs. Regression analysis revealed that frequency of credit contributed - 3.26% of the variance in financial performance of MSEs while credit terms contributed - 0.25% of the variance in financial performance of MSEs. In order to improve access to credit by MSEs, lending financial institutions need to adjust credit terms in line with what borrowers can afford.
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    Role Of Development Finance Institutions on Women Empowerment in Nairobi County, Kenya
    (KCA University, 2023) Juma, Clara
    For inclusive economic growth and poverty reduction, more women must have access to and utilize high-quality financial products and services. This study sought to examine the impact of development finance institutions (DFIs) on women's empowerment in Nairobi County, Kenya. The study intended to assist Kenyan development banks in recognizing their duties in advancing women's equality. In particular, the study assessed the impact of investment capital, financial education, savings, and business support services provided by development finance institutions on women's empowerment in Nairobi County. The study was anchored on financial constraint theory, entrepreneurial feminist theory, and social capital theory. A descriptive survey design with a causal effect was adopted. The target population consists of 326 registered women-owned businesses that have a client or investment partnership relationship with Kenya's seven DFIs. Data was collected from 180 respondents using structured questionnaires. A multi-stage sampling procedure consisting of stratified sampling followed by convenience sampling was used. The overall validity of the study's findings, reliability, and validity tests were conducted to ensure the quality and validity of the data collected. The study findings suggest that there are strong correlational relationships between investment capital, financial education, savings, business support services, and women's empowerment. Importantly, empirical results show that investment capital and savings have a significant positive impact on women's empowerment in Nairobi County, Kenya. The study recommends that DFIs should continue and potentially expand their efforts to provide investment capital to women-owned enterprises. The study also recommends that DFIs should consider refining and expanding incentives within their goal-oriented savings programs. By implementing these recommendations, DFIs can further strengthen their contributions to investment capital and savings services for women entrepreneurs, ultimately enhancing women's empowerment in Nairobi County.