Browsing by Author "EKRAM SIGO"

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    ASSESSMENT OF FACTORS THAT AFFECT BORROWERS’ ABILITY TO REPAY LOAN IN CASE OF OMO (MFIS) IN WOLKITE TOWN
    (WOLKITE UNIVERSITY, 2025-08) EKRAM SIGO
    This study investigated the loan repayment challenges faced by borrowers at Omo Microfinance Institution in Wolkite Town, Ethiopia, utilizing a mixed-methods approach that combined quantitative and qualitative research methods. The scope encompassed three dimensions: methodological, thematic, and locational, focusing on borrower characteristics, institutional factors, and external economic conditions that influence repayment behavior. The primary objective was to identify the key factors affecting loan repayment performance and their interrelationships. Findings revealed that low-income levels, lack of financial literacy, and inadequate institutional support significantly hindered repayment. The study concluded that addressing these challenges through targeted financial education, flexible repayment plans, and improved tracking systems could enhance repayment rates. Recommendations included implementing financial literacy programs for borrowers, adopting adaptable repayment strategies, and establishing a robust monitoring system to better support borrowers and improve operational efficiency
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    ASSESSMENT OF FACTORS THAT AFFECT BORROWERS’ ABILITY TO REPAY LOAN IN CASE OF OMO (MFIS) IN WOLKITE TOWN
    (WOLKITE UNIVERSITY, 2025-08) EKRAM SIGO
    This study investigated the loan repayment challenges faced by borrowers at Omo Microfinance Institution in Wolkite Town, Ethiopia, utilizing a mixed-methods approach that combined quantitative and qualitative research methods. The scope encompassed three dimensions: methodological, thematic, and locational, focusing on borrower characteristics, institutional factors, and external economic conditions that influence repayment behavior. The primary objective was to identify the key factors affecting loan repayment performance and their interrelationships. Findings revealed that low-income levels, lack of financial literacy, and inadequate institutional support significantly hindered repayment. The study concluded that addressing these challenges through targeted financial education, flexible repayment plans, and improved tracking systems could enhance repayment rates. Recommendations included implementing financial literacy programs for borrowers, adopting adaptable repayment strategies, and establishing a robust monitoring system to better support borrowers and improve operational efficiency.