The study sought to establish the effect of risk management on financial stability of micro finance institutions in Rwanda. In Rwandan perspective, financial system is still relatively shallow and thus potential impact on financial stability. The researcher used Theory of Corporate Risk Management. Research Design, Population, Sampling Frame and Size, Data Collection Instruments, Data Collection Procedure, Pilot Test, Reliability of the Instrument, Validity, and Data Processing and analysis were used during the study. Data analysis was descriptive statistics and inferential statistics using Statistical Packages for Social Sciences (SPSS) version 21. SPSS produced frequencies, descriptive and inferential statistics which was used to derive conclusions and generalizations regarding the population. The analysis of variance (ANOVA) was checked to reveal the overall model of significance. A critical p value of 0.05 was used to determine whether the overall model is significant or not. The results were indicated that as per the variable. Risk management has a positive and significant effect on compliance and financial stability on Financial Stability of MFI. The study recommended that there must be a policy for the MFI to try to stick to one bank in order to create a good relationship with the bank. The study also recommends that the government of Rwandans should timely review the timelines set for completing their full risk-based assessment of the effectiveness of their financial reporting controls and for addressing identified gaps and weaknesses, to ensure that they are timely reported.
| Published in | European Business & Management (Volume 4, Issue 3) |
| DOI | 10.11648/j.ebm.20180403.12 |
| Page(s) | 75-79 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Risk Management, Financial Stability, Micro Finance Institutions
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APA Style
Wilson Bashaija, Jacob Niyoyita Mahina. (2018). Effect of Risk Management on Financial Stability of Micro Finance Institutions in Rwanda. European Business & Management, 4(3), 75-79. https://doi.org/10.11648/j.ebm.20180403.12
ACS Style
Wilson Bashaija; Jacob Niyoyita Mahina. Effect of Risk Management on Financial Stability of Micro Finance Institutions in Rwanda. Eur. Bus. Manag. 2018, 4(3), 75-79. doi: 10.11648/j.ebm.20180403.12
AMA Style
Wilson Bashaija, Jacob Niyoyita Mahina. Effect of Risk Management on Financial Stability of Micro Finance Institutions in Rwanda. Eur Bus Manag. 2018;4(3):75-79. doi: 10.11648/j.ebm.20180403.12
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Download@article{10.11648/j.ebm.20180403.12,
author = {Wilson Bashaija and Jacob Niyoyita Mahina},
title = {Effect of Risk Management on Financial Stability of Micro Finance Institutions in Rwanda},
journal = {European Business & Management},
volume = {4},
number = {3},
pages = {75-79},
doi = {10.11648/j.ebm.20180403.12},
url = {https://doi.org/10.11648/j.ebm.20180403.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20180403.12},
abstract = {The study sought to establish the effect of risk management on financial stability of micro finance institutions in Rwanda. In Rwandan perspective, financial system is still relatively shallow and thus potential impact on financial stability. The researcher used Theory of Corporate Risk Management. Research Design, Population, Sampling Frame and Size, Data Collection Instruments, Data Collection Procedure, Pilot Test, Reliability of the Instrument, Validity, and Data Processing and analysis were used during the study. Data analysis was descriptive statistics and inferential statistics using Statistical Packages for Social Sciences (SPSS) version 21. SPSS produced frequencies, descriptive and inferential statistics which was used to derive conclusions and generalizations regarding the population. The analysis of variance (ANOVA) was checked to reveal the overall model of significance. A critical p value of 0.05 was used to determine whether the overall model is significant or not. The results were indicated that as per the variable. Risk management has a positive and significant effect on compliance and financial stability on Financial Stability of MFI. The study recommended that there must be a policy for the MFI to try to stick to one bank in order to create a good relationship with the bank. The study also recommends that the government of Rwandans should timely review the timelines set for completing their full risk-based assessment of the effectiveness of their financial reporting controls and for addressing identified gaps and weaknesses, to ensure that they are timely reported.},
year = {2018}
}
TY - JOUR T1 - Effect of Risk Management on Financial Stability of Micro Finance Institutions in Rwanda AU - Wilson Bashaija AU - Jacob Niyoyita Mahina Y1 - 2018/09/05 PY - 2018 N1 - https://doi.org/10.11648/j.ebm.20180403.12 DO - 10.11648/j.ebm.20180403.12 T2 - European Business & Management JF - European Business & Management JO - European Business & Management SP - 75 EP - 79 PB - Science Publishing Group SN - 2575-5811 UR - https://doi.org/10.11648/j.ebm.20180403.12 AB - The study sought to establish the effect of risk management on financial stability of micro finance institutions in Rwanda. In Rwandan perspective, financial system is still relatively shallow and thus potential impact on financial stability. The researcher used Theory of Corporate Risk Management. Research Design, Population, Sampling Frame and Size, Data Collection Instruments, Data Collection Procedure, Pilot Test, Reliability of the Instrument, Validity, and Data Processing and analysis were used during the study. Data analysis was descriptive statistics and inferential statistics using Statistical Packages for Social Sciences (SPSS) version 21. SPSS produced frequencies, descriptive and inferential statistics which was used to derive conclusions and generalizations regarding the population. The analysis of variance (ANOVA) was checked to reveal the overall model of significance. A critical p value of 0.05 was used to determine whether the overall model is significant or not. The results were indicated that as per the variable. Risk management has a positive and significant effect on compliance and financial stability on Financial Stability of MFI. The study recommended that there must be a policy for the MFI to try to stick to one bank in order to create a good relationship with the bank. The study also recommends that the government of Rwandans should timely review the timelines set for completing their full risk-based assessment of the effectiveness of their financial reporting controls and for addressing identified gaps and weaknesses, to ensure that they are timely reported. VL - 4 IS - 3 ER -
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