Jane Kaari Kibanga


The purpose of the study was to examine the moderating effect of regulatory environment on the relationship between financial empowerment and member advancement of licensed deposit taking Saccos in Nairobi city county, Kenya. The study adopted a descriptive cross sectional survey design, where both quantitative and qualitative approaches were applied. Questionnaires and semi-structured interviews were used in data collection. Email (internet) and drop and pick methods were also used. Collected data was organized according to the research objectives and hypotheses using statistical package software for social sciences (SPSS). The sample had 39 respondents in a population frame of 42 participating licensed deposit taking Saccos in Nairobi County. They comprised of the chief executive officers, the deputies and the departmental heads from the sampled licensed deposit taking Saccos. Data was analyzed using descriptive and inferential statistics. Descriptive statistics included mean, standard deviation, frequencies, and percentages. Inferential statistics included correlation analysis and regression analysis. The results indicated that regulatory framework had a statistically significant effect on the relationship between financial empowerment and member advancement of licensed deposit taking Saccos in Nairobi City County. The findings revealed that with the introduction of Regulatory environment, there is increased performance compared to the direct effect between determinants and Member Advancement.? The study therefore recommends that Deposit taking Saccos should operate within an established legal framework that identifies best practices for institutions to receive deposits from members.

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