Table
10:Responses on whetherCOPEDU Ltdinstitution offers individual loans
|
Response
|
Number of respondents
|
Percentage (%)
|
|
Yes
|
10
|
100
|
|
No
|
0
|
0
|
|
Total
|
10
|
100
|
Source: Primary data, 2015
Table 10 shows that all respondents with 1000% answered that
COPEDU Ltdinstitution offer individual loans. The evidence is that an
individual loan requires credit history or collateral security. So 100%
ofCOPEDU Ltdinstitution's respondents answered that they give individual loans
which is a business.There is individual risk on repayment. So individual asks a
loan only if he/she has an account inCOPEDU Ltd to prove security.
Table 11:Responses on what makes COPEDU Ltdcustomers
happy.
|
Responses
|
Number of respondents
|
Percentage (%)
|
|
Repayment condition
|
5
|
50
|
|
Low interest rate
|
3
|
30
|
|
Customer care
|
2
|
20
|
|
Total
|
10
|
100
|
Source: Primary data, 2015
Tables 11, shows that 50% of respondents reported that time
for repayment of credits are negotiated between credit officers and clients.
Hence giving them good repayment conditions and making them happy for their
business with fair services,30% of respondents said that customers are happy
out of subsidized or low interests charged, 20% of respondents said that are
happy out of customer care.
4.2.3 WhetherCOPEDU Ltdrealizes
profits
According to the researcher's analysis, most of institution's
information reveals no much realized, COPEDU Ltdinclusive, causes being:
Insufficient funds: majority of respondents claim that there
insufficient funds to meet the clients demands whose number steadily increasing
especially women through sustainable micro enterprise. Only 35% of respondents'
views regarded their institution as enjoying some profit since their approach
to work is a team work through consultations and consensus.
Lack of effective information sharing regarding credits and
payment records of borrowers.65% of respondents said that profits are not
principally realized. Clients seek loans, which they do not repay in time and
to the good reputation ofCOPEDU Ltd to its clients they are not immediately
penalized, everything is negotiable with credit officials.
Administrative expenses ofCOPEDU Ltdhave many branches that of
course requireserious renting.
Table 12:Sources of funds for microfinance
institutions
|
Responses
|
Number of respondents
|
Percentage (%)
|
|
International NGOs
|
3
|
30
|
|
Embassies
|
0
|
-
|
|
Local NGOs
|
1
|
10
|
|
Depositors
|
6
|
60
|
|
Total
|
10
|
100
|
Source: primary data,2015
As we can see from the table 12 the majority of respondents
with 60% said that, source of funds for most MFIs come from deposits, 30% of
the respondents reported that source of funds is from international NGOs and10%
of respondent said that source of funds is from local NGOs.
Table 13:capacity building programs undertaking by
C0PEDU Ltd to alleviate poverty in rural areas
|
Responses
|
Number of respondents
|
Percentage
|
|
Empowerment
|
1
|
10
|
|
Business mgt and loan mgt
|
6
|
60
|
|
Training the staff members
|
3
|
30
|
|
Total
|
10
|
100
|
Source; Primary data, 2015
As it is observed from table 13 majority of respondents with
60% accept that capacity building programs undertaken byCOPEDU Ltd is business
management and loan management becausetheir business rotates around loan
management, loan size, repayment and proper circulation of the loan to other
targeted people. While 30% of respondents said that a capacity building program
undertaken is training of staff members. And 10 of respondents said that a
capacity building programs undertaken is empowerment. This is especially for
women headed households or undeserved women
| 
