The University of Southampton
University of Southampton Institutional Repository
Warning ePrints Soton is experiencing an issue with some file downloads not being available. We are working hard to fix this. Please bear with us.

An empirical investigation into the risk management strategies of MFIs in Cameroon

An empirical investigation into the risk management strategies of MFIs in Cameroon
An empirical investigation into the risk management strategies of MFIs in Cameroon
This paper examines risk strategies adopted by MFIs in Cameroon. Much research on risk and especially after the financial crisis of 2007 has been based on mainstream financial institutions and ignored the contribution of risk on MFIs activities and in our societies. This study is based on 15 in depth interviews with 7 managers and 8 lending officers, we identified four main areas of risk concerns for MFIs in Cameroon; reputational, death of a borrower, credit and institutional size risks. Our results show that risk is an elusive concept for which we cannot understand or measure the effect on an organisation. So as to help minimise these effects, we propose MFIs to take the for-profit status in order to attract investors who are willing to invest within MFIs, therefore minimising the effect of risks on MFIs.
2046-8083
Akanga, Fidelis
439aa500-276b-4851-968d-085a8e4fff13
Tauringana, Venancio
27634458-b041-4bc1-94da-3e031d777e4f
Bongasu, Sha'ven
4b6b59e3-3e99-483a-a808-26a74218674d
Akanga, Fidelis
439aa500-276b-4851-968d-085a8e4fff13
Tauringana, Venancio
27634458-b041-4bc1-94da-3e031d777e4f
Bongasu, Sha'ven
4b6b59e3-3e99-483a-a808-26a74218674d

Akanga, Fidelis, Tauringana, Venancio and Bongasu, Sha'ven (2020) An empirical investigation into the risk management strategies of MFIs in Cameroon. African Journal of Accounting, Auditing and Finance, 7 (2). (doi:10.1504/AJAAF.2020.111729).

Record type: Article

Abstract

This paper examines risk strategies adopted by MFIs in Cameroon. Much research on risk and especially after the financial crisis of 2007 has been based on mainstream financial institutions and ignored the contribution of risk on MFIs activities and in our societies. This study is based on 15 in depth interviews with 7 managers and 8 lending officers, we identified four main areas of risk concerns for MFIs in Cameroon; reputational, death of a borrower, credit and institutional size risks. Our results show that risk is an elusive concept for which we cannot understand or measure the effect on an organisation. So as to help minimise these effects, we propose MFIs to take the for-profit status in order to attract investors who are willing to invest within MFIs, therefore minimising the effect of risks on MFIs.

Text
An Empirical investigation into the Risk Management Strategies of MFIs in Cameroon - Accepted Manuscript
Restricted to Repository staff only until 3 December 2021.
Request a copy

More information

Accepted/In Press date: 21 March 2020
Published date: 3 December 2020

Identifiers

Local EPrints ID: 449687
URI: http://eprints.soton.ac.uk/id/eprint/449687
ISSN: 2046-8083
PURE UUID: e57ab3bd-410d-4335-bba8-2c6eb3f33b97
ORCID for Venancio Tauringana: ORCID iD orcid.org/0000-0002-1433-324X

Catalogue record

Date deposited: 10 Jun 2021 16:34
Last modified: 22 Oct 2021 01:41

Export record

Altmetrics

Contributors

Author: Fidelis Akanga
Author: Sha'ven Bongasu

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×