Bsmf 326 :Portfolio Planning And Management Question Paper

Bsmf 326 :Portfolio Planning And Management 

Course:Accounting And Finance

Institution: Kenya Methodist University question papers

Exam Year:2010



PORTFOLIO PLANNING AND MANAGEMENT BSMF 326 3rd Trimester 2010

FACULTY : BUSINESS AND MANAGEMENT STUDIES

DEPARTMENT : ACCOUNTING AND FINANCE

TIME : 2 HOURS

INSTRUCTIONS Answer Question ONE and any Other TWO Questions


Question 1

Kicheko Microfinance Institution has hired you as a Business Loans Officer and one of your responsibilities will be to plan and manage their loan portfolio. In trying to ascertain that you know what that entails, you have been asked to explain the following: -

a) Portfolio planning and highlight the factors you will consider in planning the portfolio (8Marks)

b) The eight lending methodologies used in Microfinance (8Marks)

c) The Ten steps followed in Credit Lending (10Marks)

d) How the global and local competition has affected Microfinance Lending. Give two positive and two negative effects. (4Marks)


Question 2

Briefly explain the following key terms

a) Portfolio at risk (4Marks)

b) Operational self-sufficiency (4Marks)

c) Financial self-sufficiency (4Marks)

d) Arrears Rate (4Marks)

e) Repayment Rate (4Marks)


Question 3

Nuru Microfinance has requested you to assist them to set Sustainable Interest Rate. They have provided you with the following data. (20Marks)

i) Average outstanding loan portfolio Kshs. 8000, 000

ii) Administrative expenses (i.e. all annual loan losses) are Kshs.200,000

iii) Cost of funds (includes cost of borrowed funds and required return on internal funds) is estimated at 17.5%

iv) Loan loss from past performance does not exceed 3%

v) The required capitalization rate (k) is 15%

vi) Investment income is expected to be Kshs. 120, 000


Question 4

Mwangaza Mwingi Microfinance Institution is in the process of developing a lending policy and has asked you to explain to them 10 reasons they should document for rejecting loans. (20Marks)


Question 5

List and Explain the causes and costs of delinquency (20Marks)






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