The Effects of Credit Information Sharing on Performance of Non-deposit Taking Savings and Credit Cooperative Societies in Nairobi County

Abstract

The objective of this study was to investigate the effects of credit information sharing on performance NDTs in Nairobi County. This study concludes that credit information on investment decisions on performance of Non- deposit taking Sacco is mainly influenced by the frequency of receiving negative information on punishing defaulters and influence of lenders and entrepreneurs. The results also showed that credit information sharing reduces the portfolio of Non- performing loan with a moderate performance. It was found out of the information sharing on credit registries on performance of Non-trading in Kenya economic information sharing was greatly rated by sampled respondents while accessibility of credit bureaus, business continuity and protection of confidential information and privacy was moderately rated by respondents. There was evidence of relationship between credit information sharing and performance NDTs. It was evident that trend of loans classified as bad or non - performing to total loans improved amongst financial institutions NDTS included.