Effect of Steering Committee and Technology on the Implementation of Credit Scoring at Kenya Women Fund Trust

Authors

  • Kipkemoi Kibet Management University of Africa
  • Isabella Sile Management University of Africa

Keywords:

Steering committee, Technology, Credit scoring, and Kenya Women Microfinance Bank

Abstract

Implementing credit scoring programs/projects, especially in a microfinance environment, is difficult and has been met with poor implementation outcomes. The volume of micro finance applications is insufficient to allow most lenders to develop their own scorecards using their own data and many microfinance institutions do not track applications and have insufficient systems to develop an elaborate scoring process. The study established the effect of steering committee and technology on the implementation of credit scoring at Kenya Women Microfinance Bank (KWFT). The study adopted a descriptive research design. The target population was over 1,500 Business Development Officers and Credit Risk Managers who were working in KWFT of which 250 of them were based in South Rift and 125 respondents were selected using a random sampling approach.  Data was collected using the questionnaire and analyzed using descriptive and inferential statistic. A multiple linear regression analysis model was used to establish the relationship between steering committee, technology and the implementation of credit scoring. The study found out that committee steering and implementation of credit scoring were positively and significantly related. Similarly the findings indicated that technology was positively and significantly related to implementation of credit scoring. Based on the findings the study concluded that steering committee and technology influenced the implementation of credit scoring at KWFT. The study recommends for an effective use of the management steering committee and technology because they are instrumental in guiding the design, implementation and management of the credit scoring system through its various development stages in a microfinance environment.

Keywords: Steering committee, Technology, Credit scoring, and Kenya Women Microfinance Bank

 

Author Biographies

Kipkemoi Kibet, Management University of Africa

Postgraduate Student

Isabella Sile, Management University of Africa

Lecturer

References

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Published

2017-12-01

How to Cite

Kibet, K., & Sile, I. (2017). Effect of Steering Committee and Technology on the Implementation of Credit Scoring at Kenya Women Fund Trust. Journal of Human Resource & Leadership, 1(1), 12–24. Retrieved from https://stratfordjournal.org/journals/index.php/journal-of-human-resource/article/view/27

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Articles