Browsing by Author "Maina, J. N."

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    Credit Information Sharing Influence On Loan Default in Deposit Taking Saccos in Meru County
    (Chuka University, 2016) Maina, J. N.; Kinyariro, D. K.; Lalampaa, T. J.
    The study assessed influence of credit information sharing on loan default in deposit taking SACCOS in Meru County. It was guided by the influence of credit report and credit scoring on loan default. SACCOS in Kenya experience high level of loan default. This trend threatens the ability and sustainability of SACCOS and hinders achievement of goals. Since provision of credit facilities is the core function of every SACCO, success largely depends on profiling borrowers through the information availed. The study adopted a descriptive research design and the population consisted of 57 credit officers of SACCOS in Meru County. Questionnaire was used to collect data. Descriptive statistics and multiple linear regression were used in data analysis. There existed a significant relationship between credit report credit scoring and loan default in SACCOS. Thus credit information sharing significantly influenced loan default in SACCOS in Meru County. Regulations of SACCOS in sharing information on non-performing loans to aid in risk mitigation should be operationalised. Credit information sharing should be extended to all other SACCOS, including the non-deposit taking ones, to increase data for borrowers’ profiling.