mustefa final 3
ASSESSMENT OF CREDIT MANAGEMENT IN MICRO
FINANCE INSTITUTIONS(A Case Study on Oromia Credit and Saving Share Company on Jimma Branch)
A Research Paper Submitted to Accounting Department in the Partial Fulfillment for the requirement Bachelor of Arts in
Accounting
PREPARED BY: MUSTEFA AWOL
ADVISOR: ATO AYELE MAMO
DEPARTMENT OF ACCOUNTING
COLLEGE OF BUSINESS AND ECONOMICS
JIMMA UNIVERSITY
May, 2012
JIMMA, ETHIOPIA
1
Acknowledgment First and for most I would like to extend my heart felt gratitude to my creature (ALLAH) for his in a valuable cares, support, charity and willingness who helped me through my life, my gratitude thanks goes to my advisor Ato Ayele Mamo for his valuable effort for the process of my paper and for his constructive and harmonious comments which have give me a benchmark for his stance with me.
2
Abstract This study was conducted on the title of assessment of credit management in micro finance institutions in Oromia credit and saving Share Company at Jimma branch with primary objective of examine the credit management on micro finance institution at branch level. In this study both primary and secondary source of data used and the researcher would be use open end and close questionnaires and structured interview to collect data from the employee, customers and management body of the institutions and was use convenience non probability technique to select customers and census technique to select target population among employee and management body of Oromia credit and saving Share Company. And also the researcher used descriptive method of data analyzing. The analysis of the data revealed that, there is problem in group borrowing methodology, the institution doesn’t collect its credit on specified period, rather they
mostly
FINANCE INSTITUTIONS(A Case Study on Oromia Credit and Saving Share Company on Jimma Branch)
A Research Paper Submitted to Accounting Department in the Partial Fulfillment for the requirement Bachelor of Arts in
Accounting
PREPARED BY: MUSTEFA AWOL
ADVISOR: ATO AYELE MAMO
DEPARTMENT OF ACCOUNTING
COLLEGE OF BUSINESS AND ECONOMICS
JIMMA UNIVERSITY
May, 2012
JIMMA, ETHIOPIA
1
Acknowledgment First and for most I would like to extend my heart felt gratitude to my creature (ALLAH) for his in a valuable cares, support, charity and willingness who helped me through my life, my gratitude thanks goes to my advisor Ato Ayele Mamo for his valuable effort for the process of my paper and for his constructive and harmonious comments which have give me a benchmark for his stance with me.
2
Abstract This study was conducted on the title of assessment of credit management in micro finance institutions in Oromia credit and saving Share Company at Jimma branch with primary objective of examine the credit management on micro finance institution at branch level. In this study both primary and secondary source of data used and the researcher would be use open end and close questionnaires and structured interview to collect data from the employee, customers and management body of the institutions and was use convenience non probability technique to select customers and census technique to select target population among employee and management body of Oromia credit and saving Share Company. And also the researcher used descriptive method of data analyzing. The analysis of the data revealed that, there is problem in group borrowing methodology, the institution doesn’t collect its credit on specified period, rather they
mostly
References: Abinet Luseged. 2007. Credit Management in Microfinance Institutions in Ethiopia Aemfi,. 2008. Microfinance development review profile of Oromia credit CIMMISA. 2010. Oromia credit and saving institution, written manuals and pamphlets, Addis Ababa Daniel Kassa. 2010 . Credit Management in microfinance institutions in Ethiopia Meaza L,. 2010. Loan management and credit facilities Mulatu Demeke. 2000. Association of Ethiopia micro finance institution, Wello Yaregal Abegaz. 2007. Fundamental of financial management