| dc.description.abstract | The study sought to explore the influence of cash flow management strategy on financial
performance of Saccos in Imenti North Sub-County, Kenya. Descriptive research design was
adopted to collect data from 21 deposit and non-deposit Saccos located in Imenti North Sub-
County. The target respondents included 42 accounts department officers, 114 tellers, 93 back-
office staff, and 120 loan officers hence a total of 369 respondents. Descriptive and inferential
statistics were used to analyze the data. Cash flow management strategy had a correlation
coefficient r=0.772** at α < 0.000 and a 99% significance level. The study established that the
investment department was still undeveloped in many Saccos therefore limiting on the
authorization of incorporation of funds in investment options like capital markets. This limited
the Saccos to act as mere institutions of accepting deposits and savings, while at the same time
issuing loans. This method of operation at many times did not guarantee consistent income due
to competition from other financial institutions doing similar work. The study thus recommends
that the Board of Management [BOM] should create policies and provide adequate funds to
establish an investment department, if there is none, or strengthen it if in existence. The
contribution to the study is that a quality policy structure would introduce the Saccos to endless
opportunities in investment at capital markets which has a well-structured and managed fund
portfolio. In return, this would improve the income since the operations of the Saccos would
have been diversified spreading into various classes of investments available. | en_US |
