| dc.description.abstract | SACCOS are key components in the economy and social development. However, it’s experiencing both internal and external issues which should be handled. The study sought to determine the effect of firm financial factors on financial performance of SACCOS in Nandi County. Specifically, the study determined the effects of management of loan debtors, Capital sufficiency and interest rate levied on the financial performance of SACCOs in Nandi County. Objectives of the study were to determine the effects of management of loan debtors, Capital adequacy and the interest rate charged on financial performance of SACCOs in Nandi County. The study was guided by liquidity preference theory, human capital theory, efficient structure theory and Pecking order theory. The study adopted descriptive survey research design. The target population was therefore all the ten SACCOS in Nandi County registered and licensed as at January 2023. Stratified and simple random method was used to single out the Eighty-seven employees to participate. Primary data was used and data collected using open self-structured questionnaires. Validity was tested using Content and construct validity while Cronbach’s alpha coefficient was used to determine the reliability of the research instruments. Data was analyzed using both descriptive and inferential statistics. Data was analyzed descriptively using frequencies, percentages, mean and standard deviations and also using inferential statistics that involved Pearson’s Product Moment Correlation Coefficient, simple linear regression and stepwise regression analysis whose results were presented in tables and figures. The study finding indicated that there was a positive and significant effect by management of loan debtors to performance of Saccos in Nandi County (β = 0.960, P= 0.05), there was a positive significant relationship between capital adequacy and financial performance of SACCOS in Nandi County (β = 1.289, P < 0.05) and that there was a significant effect on interest rate charged (β = 0.635, P = 0. 05). These findings will be of great significance to the CBK, Board of Directors, managers and shareholders of the Saccos, researchers and the scholars. It will also provide input for further research to be conducted on SACCOS in future. | en_US |
