Effects Of Credit Assessment On Loan Repayment In Microfinance Institutions In Nakuru Central Business District (cbd)

The main goal of every microfinance institutions is to maximize profits in order to maintain their financial stability, improve growth and sustainability. However, high levels of loan delinquency create credit volatility which constrains the ability or capacity to offer credit to borrowers because microfinance institutions have to compensate loan delinquency losses. Microfinance institutions lend money to lower tier people in the society who are prone to credit risk due to their nature of service and need proactive credit assessment techniques for controlling credit risk. This study was conduc…