1.5 Research Questions
1.6.1 The government
1.6.2 Research institutions
To determine the effect of branch network on growth of MFOs. To determine if the number of small scale savers (unbanked) influence the growth of MFOs. To find out how collateral requirementaffect growth rate of MFOs
Drawn from the above objectives, the study was seeking to answer the following questions:
How does the branch network influence growth of micro finance organisations? Does collateral requirement influence growth of MFOs? Does the number of small scale savers (unbanked) influence thegrowth of MFOs?
1.6 Significance of the study
The study is of significant to a number of organizations namely the government, research institutions and development organizations.
The study will help the government through its relevant organs to identify opportunities and facilitate growth of investments through micro finance organizations. It will enable it to make and redesign policies and regulations that will protect the interests of all parties involved and attract both domestic and foreign investors, which has an overall positive impact on the country and region.
This study will help researchers to find the reality of factors affecting the growth of MFOs in Kenya. The findings will be a source of reference material for future researchers in relation to micro finance institutions.
The study will help the borrowers of finances who do not have access to banks and other major financial institutions to know their contributions towards the success of micro finance institutions and the role they can play
1.6.4 Micro finance institutions
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