Assessment of Credit Management of Vision Fund Micro Finance Instruction (In Case of Wolaita Sodo Town)

Abstract

The main objective of this Study would to” assess the credit management of Omomicro finance institutions in Wolaita Sodo town.  The study was conducted by censes method. The data was collected from both primary and secondary data, primary data were conducted through questionnaires and secondary data was collected from written documents and manuals. The research has been interpreted all collected data by using quantitative and qualitative method. Finally, the researcher concludes and recommends the finding based on the point of view of the questionnaires and some other related documents. The loan repayment capacity determination must be reviewed and sufficient enough to extract necessary information. From the study, high interest rate charged by the institution to the borrowing customers. To improve this, the study recommends that microfinance institution review its interest rate rates regularly totally with the prevailing market conditions. Despite many favorable situations the microfinance industry in Ethiopia such as microfinance institution is facing an immense problems it is therefore, essential to undertake proper planning by assessing the overall situation of the industry to exploit opportunities and minimize changes and weakness. In height of findings of the study the recommendations can also be forwarded.