Abstract:
Themainobjectiveofthisstudywastoinvestigatethefactorsaffectingthegroupbased
loanrepaymentperformanceinOCSSCOJimmatown.Thisstudywasconductedusingthe
descriptiveandexplanatorytypesoftheresearchdesignthatwasalsoappliedthemixed
approachofthestudy.Thisstudywasprimarilyconductedonthecustomers,employees
andmanagersoftheOCSSCOJimmatown.Therefore,from thetotal1589customersthat
weretakenfrom thelastfourconsecutiveyears ,thestudywas conductedon150
participantsofthestudy.ThecollecteddatawasanalyzedandinterpretedusingSPSS
versionandstandarddeviation(frequency,valuepercent,andcumulative).Thefindingof
thisstudyshowthatBorrowersrelatedfactors,businessfactors,institutionalfactorsand
purposesoftheborrowedmoneyweretakenasthefactorsaffectingthegroupbasedloan
repaymentperformance.Tomentionsomeofthefactorsfrom alldirection numbersof
childrencancustomershave,failure topaytheloan,thewaygroup leadersmonitorloan
utilization,groupliabilityandamongfinancialInstitution(OCSSCO),thetimeloanissuedby
thelender,theloansizegivenbyOCSSCO,thefrequencyofcollectionofferedbyOCSSCO,
therepaymenttime setbytheorganization,interestratesetforthecredit,lackofthe
properfollowupoftheloanofficers,weaklegalenforcementforthedefaulters,andlackof
traininggiventocustomersoncreditandsavingbytheorganization.Thetypesofbusiness
borrowersengagedon,howlongtheborrowersexperiencesondoingbusiness,lackofthe
marketstudyconductedbeforestartingbusiness,andlackoftheaccessinformation.Finally
,theresearcherrecommendedthat,theOCSSCO hastobefollow uptheborrowers,
trainingonthecreditandsavinghastobegivenfortheborrowers,thetimeofthe
repaymenthastobemodified,theinterestratehasalsoberevisedaspertheincomeofthe
borrowers
