Bachelor of Art

URI for this collectionhttps://rps.wku.edu.et/handle/987654321/113

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Start date: 2020Subject: search.filters.subject.financial literacy

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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
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    THE ROLE OF ACCOUNTING PRACTICES IN ENHANCING THE FINANCIAL PERFORMANCE OF MICRO AND SMALL ENTERPRISES: A CASE STUDY OF WOLKITE TOWN.
    (WOLKITE UNIVERSITY, 2025-08) BEDATU TESFAYE
    This study examined the role of accounting practices in enhancing the financial performance of micro and small enterprises (MSEs) in Wolkite Town. The research employed a mixedmethods approach, utilizing questionnaires with 116 MSE owners and interviews with two MSE owners to gather data on current accounting practices, their impact on financial performance, and the challenges faced in their implementation. The scope of the study encompassed the examination of accounting practices, their implementation, and their impact on the financial performance of small and micro enterprises in Wolkite town. The study found that effective accounting practices have a significant positive correlation with the financial performance of MSEs. Challenges identified included a lack of accounting knowledge, the high costs of accounting software/tools, limited access to professional accounting services, time constraints, regulatory complexity, and inconsistent cash flow. The study concludes that enhancing accounting practices is crucial for improving the financial performance and sustainability of MSEs in Wolkite Town. It recommends the implementation of training programs on basic accounting, affordable accounting software tailored for MSEs, government subsidies for financial management tools, simplified tax regulations, and the establishment of peer learning networks to support MSEs in adopting effective accounting practices.