Influence of Coaching as a Leadership Development Practice on the Performance of Microfinance Institutions in Kenya

Coaching development refers to any activity that enhances the quality of coaching within an individual or organization. Most MFIs in Kenya derive their funds from donors and wholesale retailers. These two sources of funds are deemed expensive and scarce for the sustainability of these MFIs. The study objective was to determine the influence of coaching as a leadership development practice on the performance of microfinance institutions in Kenya. This study adopted a cross-sectional survey research design which focused on influence of leadership development on performance of micro finance institutions. The study targeted the chief executive offices of the microfinance institutions. Regression analysis was done so as to test the relationship between the independent variables and dependent variable. Regression is conducted to analyse the nature and the strength of relationship between each of the independent variables and the dependent variable. The null hypothesis stated that there is no significant influence of coaching as a leadership development practice on the performance of microfinance institutions in Kenya. The null hypothesis and conclude that there is sufficient evidence to suggest that coaching as a leadership development practice influences the performance of microfinance institutions in Kenya. Based on the results of this study, it could be concluded that coaching as a leadership development practice has influence on performance of microfinance institutions in Kenya. It was recommended that coaching can be used in helping someone else to improve performance may help addresses the beliefs and behaviours that hinder performance and it can be further seen that coaching is all about helping someone else to improve performance of the microfinances in Kenya.