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Analysis of the Strategies Adopted in Performance of Revolving Funds in South Sudan: a Case Study of South Sudan Older People Organization (ssopo) Cover Art not available

Analysis of the Strategies Adopted in Performance of Revolving Funds in South Sudan: a Case Study of South Sudan Older People Organization (ssopo)

Authors: James Odhiambo; Lecturer, Kenyatta University, Nairobi, Kenya Oringo, Priscilla; Lecturer, Kenyatta University, Nairobi, Kenya Ndegwa, Agnes; Scholar, University of Porto, Porto, Portugal Andolo

Format: Downloadable archival material

Database: xwc

 
 

Summary: A Revolving Loan Fund (RLF) is a pool of public and private-sector fund that recycles money as loans are repaid. The fund operates in principle, by issuing new loans as old loans are repaid. South Sudan Older people organization (SSOPO) started a livelihood project that involved creating Income Generating Activities (IGA) for older people and in some cases members of their headed households. The IGA’s were funded by a revolving loan fund that attracted a meager interest rate. The initial beneficiaries of the fund were older people from Juba County in Central Equatoria State. The poor performance and collapse of these IGA’s led to massive repayment default by borrowers which in turn brought the operation of the revolving fund to a halt. As a follow up, this study sought to establish the strategies that really influenced the performance of SSOPO’s revolving fund scheme. Specifically, the study sought to establish the influences of; education strategy, management strategy and entrepreneurial competences strategy; on the performance of Revolving Loan Funds. A descriptive research design was employed in conducting field survey to obtain qualitative and quantitative data. The target population comprised the management staff of SSOPO and SSOPO members who borrowed funds from SSOPO RLF. Questionnaires which were both open and close ended were used in data collection. Quantitative data was analyzed by use of Statistical Package for Social Scientists (SPSS) while content analysis was used to analyze qualitative data. The study found that education, management and entrepreneurship competence strategies; influence the performance of RLF. The study recommended provision of education and business training to both borrowers and management staff of SSOPO RLF. Further, study recommended promotion of entrepreneurship competence by introducing emotional learning whereby borrowers interact with outside business world for experience and knowledge sharing. Lastly, the study recommended t

Publisher: Global Society of Scientific Research and Researchers 2016-08-13

Date: 2016-08-13

Language: eng