Published November 11, 2022
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FINANCING STRATEGIES AND LIQUIDITY OF SUPERMARKETS IN KIAMBU COUNTY, KENYA
Description
This study's objective was to assess how financing options impact supermarket liquidity in Kenya's Kiambu County. The study specifically Investigated the impact of official finance, informal financing, financing decision and government money on supermarket liquidity was one of the particular goals. The study design employed was a descriptive survey. 76 participants from 38 stores in Kenya's Nairobi Kenya made up the target demographic. A census study methodology was used. The study took the five-year span between 2017 and 2021 into account. Primary data sources that were gathered using semi-structured surveys were used in the study. The data were presented using tables. The research showed that financial institutions, microfinance organizations, and co - operative societies for savings and credit provided the majority of the funding. The results presented that majority of the supermarkets embraced informal credit financing as one of the major source of finance in the retail sector which included; interpersonal borrowing from peers, table banking and leases. The findings presented that the supermarkets pooled funds, ploughed back profits and used personal income to finance the operations of the supermarkets. The results presented that the supermarkets have not benefited from government credit guarantees, recovery loan plans, youth entrepreneur development fund and no funding from the government. The mean aggregate score for current ratio, quick ratio and cash ratio indicated that the targeted supermarkets were not doing well in terms of liquidity and that the supermarkets were unable to meet quick maturing responsibilities such as paying workers, rent, water bills, electricity and rates. The study concluded that formal financing, informal financing, internal financing had a positive and significant effect on supermarket liquidity. The relationship between government financing and liquidity of supermarkets was insignificant. Supermarkets should employ informal credit financing for financing, which offers many benefits, including easy access to information through social and private networks. For the supermarkets without access to commercial credit, informal moneylenders should serve as an extremely important source of short-term and emergency financing. Key Words: Official Finance, Informal Financing, Financing Decision, Government Money CITATION: Rotich, A. C., & Mungai, J. N. (2022). Financing strategies and liquidity of supermarkets in Kiambu County, Kenya. The Strategic Journal of Business & Change Management, 9 (4), 1283 – 1298.
Translated Descriptions
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This is an automatic machine translation with an accuracy of 90-95%
Translated Description (Arabic)
كان الهدف من هذه الدراسة هو تقييم كيفية تأثير خيارات التمويل على سيولة السوبر ماركت في مقاطعة كيامبو في كينيا. كانت الدراسة التي بحثت على وجه التحديد في تأثير التمويل الرسمي والتمويل غير الرسمي وقرار التمويل والأموال الحكومية على سيولة السوبر ماركت أحد الأهداف الخاصة. كان تصميم الدراسة المستخدم عبارة عن مسح وصفي. شكل 76 مشاركًا من 38 متجرًا في نيروبي كينيا الديموغرافية المستهدفة. تم استخدام منهجية دراسة التعداد. أخذت الدراسة في الاعتبار فترة الخمس سنوات بين عامي 2017 و 2021. تم استخدام مصادر البيانات الأولية التي تم جمعها باستخدام استطلاعات شبه منظمة في الدراسة. تم عرض البيانات باستخدام الجداول. وأظهر البحث أن المؤسسات المالية ومنظمات التمويل الأصغر والجمعيات التعاونية للادخار والائتمان قدمت غالبية التمويل. وأظهرت النتائج أن غالبية محلات السوبر ماركت تبنت التمويل الائتماني غير الرسمي باعتباره أحد المصادر الرئيسية للتمويل في قطاع التجزئة الذي شمل ؛ الاقتراض بين الأشخاص من أقرانهم، والخدمات المصرفية الجدولية والإيجارات. أظهرت النتائج أن محلات السوبر ماركت جمعت الأموال واستثمرت الأرباح واستخدمت الدخل الشخصي لتمويل عمليات محلات السوبر ماركت. أظهرت النتائج أن محلات السوبر ماركت لم تستفد من ضمانات الائتمان الحكومية وخطط قروض الاسترداد وصندوق تنمية رواد الأعمال الشباب وعدم وجود تمويل من الحكومة. أشار متوسط النتيجة الإجمالية للنسبة الحالية والنسبة السريعة والنسبة النقدية إلى أن محلات السوبر ماركت المستهدفة لم تكن على ما يرام من حيث السيولة وأن محلات السوبر ماركت لم تكن قادرة على الوفاء بمسؤوليات النضج السريع مثل دفع العمال والإيجار وفواتير المياه والكهرباء والأسعار. وخلصت الدراسة إلى أن التمويل الرسمي والتمويل غير الرسمي والتمويل الداخلي كان له تأثير إيجابي وكبير على سيولة السوبر ماركت. كانت العلاقة بين التمويل الحكومي والسيولة في محلات السوبر ماركت ضئيلة. يجب أن تستخدم محلات السوبر ماركت التمويل الائتماني غير الرسمي للتمويل، والذي يوفر العديد من الفوائد، بما في ذلك سهولة الوصول إلى المعلومات من خلال الشبكات الاجتماعية والخاصة. بالنسبة لمحلات السوبر ماركت التي لا يمكنها الوصول إلى الائتمان التجاري، يجب أن يكون مقرضو الأموال غير الرسميين بمثابة مصدر مهم للغاية للتمويل قصير الأجل والطارئ. الكلمات المفتاحية: التمويل الرسمي، التمويل غير الرسمي، قرار التمويل، الاستشهاد بأموال الحكومة: Rotich، AC، & Mungai، JN (2022). استراتيجيات التمويل وسيولة محلات السوبر ماركت في مقاطعة كيامبو، كينيا. المجلة الاستراتيجية لإدارة الأعمال والتغيير، 9 (4)، 1283 – 1298.Translated Description (English)
This study's objective was to assess how financing options impact supermarket liquidity in Kenya's Kiambu County. The study specifically investigated the impact of official finance, informal financing, financing decision and government money on supermarket liquidity was one of the particular goals. The study design employed was a descriptive survey. 76 participants from 38 stores in Kenya's Nairobi Kenya made up the target demographic. A census study methodology was used. The study took the five-year span between 2017 and 2021 into account. Primary data sources that were gathered using semi-structured surveys were used in the study. The data were presented using tables. The research showed that financial institutions, microfinance organizations, and co-operative societies for savings and credit provided the majority of the funding. The results presented that majority of the supermarkets embraced informal credit financing as one of the major source of finance in the retail sector which included; interpersonal borrowing from peers, table banking and leases. The findings presented that the supermarkets pooled funds, ploughed back profits and used personal income to finance the operations of the supermarkets. The results presented that the supermarkets have not benefited from government credit guarantees, recovery loan plans, youth entrepreneur development fund and no funding from the government. The mean aggregate score for current ratio, quick ratio and cash ratio indicated that the targeted supermarkets were not doing well in terms of liquidity and that the supermarkets were unable to meet quick maturing responsibilities such as paying workers, rent, water bills, electricity and rates. The study concluded that formal financing, informal financing, internal financing had a positive and significant effect on supermarket liquidity. The relationship between government financing and liquidity of supermarkets was insignificant. Supermarkets should employ informal credit financing for financing, which offers many benefits, including easy access to information through social and private networks. For the supermarkets without access to commercial credit, informal money lenders should serve as an extremely important source of short-term and emergency financing. Key Words: Official Finance, Informal Financing, Financing Decision, Government Money CITATION: Rotich, A. C., & Mungai, J. N. (2022). Financing strategies and liquidity of supermarkets in Kiambu County, Kenya. The Strategic Journal of Business & Change Management, 9 (4), 1283 – 1298.Translated Description (French)
This study' s objective was to assess how financing options impactket liquidity in Kenya' s Kiambu County. L'étude a spécifiquement examiné l'impact de la finance officielle, du financement informel, de la décision de financement et de l'argent du gouvernement sur la liquidité du panier de liquidités, qui était l'un des objectifs particuliers. The study design employed was a descriptive survey. 76 participants de 38 magasins au Kenya' s Nairobi Kenya made up the target demographic. A census study methodology was used. L'étude a attiré l'attention sur la période de cinq ans entre 2017 et 2021 dans le compte. Primary data sources that were gathered using semi-structured surveys were used in the study. Les données ont été présentées à l'aide de tables. The research showed that financial institutions, microfinance organizations, and co - operative societies for savings and credit provided the majority of the funding. The results presented that majority of the supermarkets embraced informal credit financing as one of the major source of finance in the retail sector which included ; interpersonal borrowing from peers, table banking and leases. The findings presented that the supermarkets poold funds, ploughed back profit and used personal income to finance the operations of the supermarkets. The results presented that the supermarkets have not benefited from government credit guarantees, recovery loan plans, youth entrepreneur development fund and no funding from the government. The mean aggregate score for current ratio, quick ratio and cash ratio indicated that the targeted supermarkets were not doing well in terms of liquidity and that the supermarkets were unable to meet quick maturing responsibilities such as paying workers, rent, water bills, electricity and rates. L'étude a conclu que le financement formel, le financement informel et le financement interne avaient un effet positif et significatif sur la liquidité du panier. La relation entre le financement du gouvernement et la liquidité des supermarchés était insignifiante. Supermarkets devrait employer informal credit financing for financing, which offers many benefits, including easy access to information through social and private networks. For the supermarkets without access to commercial credit, informal moneylenders should serve as an extremely important source of short-term and emergency financing. Key Words : Official Finance, Informal Financing, Financing Decision, Government Money CITATION : Rotich, A. C., & Mungai, J. N. (2022). Stratégies de financement et liquidité des supermarchés dans le comté de Kiambu, au Kenya. The Strategic Journal of Business & Change Management, 9 (4), 1283 – 1298.Translated Description (Spanish)
This study 's objective was to assess how financing options impact supermarket liquidity in Kenya' s Kiambu County. The study specifically Investigated the impact of official finance, informal financing, financing decision and government money on supermarket liquidity was one of the particular goals. The study design employed was a descriptive survey. 76 participants from 38 stores in Kenya 's Nairobi Kenya made up the target demographic. A census study methodology was used. The study took the five-year span between 2017 and 2021 into account. Primary data sources that were gathered using semi-structured surveys were used in the study. The data were presented using tables. The research showed that financial institutions, microfinance organizations, and co - operative societies for savings and credit provided the majority of the funding. The results presented that majority of the supermarkets embraced informal credit financing as one of the major source of finance in the retail sector which included; interpersonal borrowing from peers, table banking and leases. The findings presented that the supermarkets pooled funds, ploughed back profits and used personal income to finance the operations of the supermarkets. The results presented that the supermarkets have not benefited from government credit guarantees, recovery loan plans, youth entrepreneur development fund and no funding from the government. The mean aggregate score for current ratio, quick ratio and cash ratio indicated that the targeted supermarkets were not doing well in terms of liquidity and that the supermarkets were unable to meet quick maturing responsibilities such as paying workers, rent, water bills, electricity and rates. The study concluded that formal financing, informal financing, internal financing had a positive and significant effect on supermarket liquidity. The relationship between government financing and liquidity of supermarkets was insignificant. Supermarkets should employ informal credit financing for financing, which offers many benefits, including easy access to information through social and private networks. For the supermarkets without access to commercial credit, informal moneylenders should serve as an extremely important source of short-term and emergency financing. Key Words: Official Finance, Informal Financing, Financing Decision, Government Money CITATION: Rotich, A. C., & Mungai, J. N. (2022). Financing strategies and liquidity of supermarkets en el condado de Kiambu, Kenia. The Strategic Journal of Business & Change Management, 9 (4), 1283 – 1298.Files
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Additional details
Additional titles
- Translated title (Arabic)
- استراتيجيات التمويل وسيولة محلات السوبر ماركت في مقاطعة كيامبو، كينيا
- Translated title (English)
- FINANCING STRATEGIES AND LIQUIDITY OF SUPERMARKETS IN KIAMBU COUNTY, KENYA
- Translated title (French)
- FINANCEMENT DES STRATÉGIES ET DE LA LIQUIDITÉ DES SUPERMARCHÉS DANS LE COMTÉ DE KIAMBU, KENYA
- Translated title (Spanish)
- FINANCING STRATEGIES AND LIQUIDITY OF SUPERMARKETS IN KIAMBU COUNTY, KENYA
Identifiers
- Other
- https://openalex.org/W4386801106
- DOI
- 10.61426/sjbcm.v9i4.2495