The Effects of Financial Innovation on the Financial Performance of the Microfinance Institutions in Embu County, Kenya

Abstract

In many developing countries, MFTs play a very important role in their economy development they achieved this by, providing various types of financial products and financial services to the less fortunate, micro enterprises. small enterprise and low-income' earners. The research study will assess how financial innovation affects the financial performance of the micro finance institutions and the factors which motivate financial innovativeness. A questionnaire will be administered to the micro finance institutions to collect a primary data.