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    Exploration of Cash Flow Management Strategy and Financial Performance of Saccos in Imenti North Sub-County, Kenya
    (Journal of Finance and Accounting, 2023-08) Sora, Rahima Atikiya; Kambura, Susan; Moguche, Abel
    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.
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    Efficiency of Methodist Church of Kenya Pastoral Programs in Addressing Orphans’ Spiritual Needs in Day Secondary Schools in Imenti North sub County
    (International Journal of Professional Practice, 2022-10) Makathimo, Eunice Karambu; Kinoti, Mary; Njoroge, John
    Pastoral care program is used in schools to offer learners spiritual assistance while ensuring their overall well-being is catered for by designated pastors. There are various responsibilities bestowed upon licensed pastors in MCK church fraternity which are derived from the authority given in ordination. The roles of these pastors are categorized into four capacities, namely, word, sacrament, order and service as witnesses, service of Christ's love and justice in mission as pastors, or superintendents. However, the delivery of these roles to orphans in day secondary schools has not been fully realized. Hence, concerns about the pastoral programmers’ effectiveness in the wake of increased suffering and misconduct among orphans has arisen. This study, therefore, aimed at assessing effectiveness of Methodist Church in Kenya sponsorship programs on material and spiritual needs of orphans in day secondary schools in Imenti North Sub-County. The study was guided by Erickson’s Psychosocial Development Theory and Maslow’s Theory of Human Motivation. Mixed research methodology was applied. The target population was 285 respondents from 17 secondary schools sponsored by MCK. A sample size of 207 respondents who comprised of church education committee leaders, superintendent ministers, guidance and counseling teachers, principals, and orphaned students was obtained. Stratified sampling method was utilized in choosing orphan respondents for this study. The study concluded that spiritual nourishment and counseling were the major services offered by MCK pastoral programs .However, the frequency of these services was low leading to high school dropout rates. Therefore, the study recommends increased and regular counseling and spiritual nourishment services.