MMTI Theses and Dissertations

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Browsing MMTI Theses and Dissertations by Subject "Android Application"

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    Mobile application linking entrepreneurs to mentors and investors
    (Strathmore University, 2017) Rop, Kimutai Felix
    There is a growing culture of entrepreneurship in Africa with countries like Kenya becoming centers for innovation and entrepreneurship. This is evidenced by the development of world-leading technological innovations like MPESA - a renowned mobile phone based money transfer platform pioneered by Kenya’s largest telecommunication company, Safaricom. Despite existing potential, young African start-ups and existing businesses in the technology sector are faced with multiple challenges. Lack of access to capital, mentorship and training stand out among key challenges. This study reviews existing systems employed to address concerns such as limited access to funding, mentorship, and training by entrepreneurs. It identifies these systems’ limitations and proposes how they can be improved. The waterfall methodology was used to undertake the reseach and the development of an Android based mobile application that will address the current gap of accessing metors and investors. Out of the total sampled population , 90% of the entrepreneurs confirmed that they had faced difficulties in accessing mentors and investors . The application was validated after development and 95% of the sampled population highly welcomed the adoption of a mobile application that had been developed to address the gap. The developed mobile application will facilitate entrepreneur’s access to mentorship allowing them to gain the skills needed to run their businesses and investors who can inject capital to actualise their ideas and stimulate growth. This is likely to promote entrepreneurship in Kenya and lead to a more stable economy. There is a possibility that most of the African countries will adopt the use of the Android based mobile application.
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    A Mobile financial management system for investment groups
    (Strathmore University, 2018) Matu, Zachary Kabugi
    Investment groups have become a sure path to financial freedom not only because of their simplistic nature, but also due to the substantial gains that members of such groups accrue. They have been recognized as the driving force of the non-formal economy helping members to invest in various industries like real estate and transport. However, many of them fizzle out without making any substantial gains due to poor financial management practices and lack of financial management tools. Majority of investment groups are unable to accurately document, manage and track their financial transactions leading to lack of transparency and accountability. The study establishes that majority of investment groups are not able to effectively manage their finances due to various factors like limited financial resources to take up credible tools for financial management and limited access to information on financial management. To fill this gap, the study came up with a mobile financial management system. The system comprised of an Android mobile phone, an Android application and a back-end web application for authentication, transactions monitoring and generation of reports. The application was implemented using a combination of mobile money technologies to allow group members to contribute directly to a group’s bank account. The application allowed group members to view financial statements for the group e.g. group balance sheets and trial balances hence enhancing transparency. The functionality and usability of the system was tested to establish whether the system and user needs were adequately realized. Results of the tests established the system is efficient, fast and user friendly, hence, a conclusion was made that the system can therefore be used in Investment Groups to accurately document, manage and track financial transactions in real time. Additionally, supporting MFIs can now accurately monitor these groups due to improved financial reporting brought about by the solution.