A Study Evaluating the Extent of Orange Money Usage of Issam Students at Njala University-Sierra Leone-West Africa

Abstract

The study assessed how extensively ISSAM students at Njala University use Orange Money to receive and make payments. The research paper aims to inform policymakers, supervisory ministry, and government departments about how effective mobile money services like Orange Money are in fostering financial inclusion and empowerment among university students in Sierra Leone. The study provides insights for tertiary institutions to create and implement financial literacy programs, workshops, and initiatives to improve students' comprehension of digital financial services and their financial behaviors. A simple random sampling method was utilized to choose 72 students from a total population of 600, ensuring that all departments and academic levels were represented. Every distributed questionnaire was completed and returned, and a semi-structured interview guide was analyzed using a four-point Likert scale (Likert, 1932). The research adopted a mixed-method approach, with findings examined qualitatively and quantitatively. Key findings were presented in tables and analyzed for frequencies and simple percentages using Kobo Collect, Excel, and SPSS version 29.

Keywords:    Orange Money, Njala University, Students, Usage

Acronym:      Institute of Social Studies, Administration and Management (ISSAM)

DOI: 10.7176/RJFA/16-1-01

Publication date: January 30th 2025