Independent variable impact on loan repayment default in Omo microfinance institution-Konso Woreda Mr. Oshora Betgilu Chair person, Accounting and Finance Department, College of Business and Economics, Aksum University, Aksum, Ethiopia Online published on 27 February, 2017. Abstract Delinquency or default of loan repayment in Micro finance besprinkling the poison on healthy environment of Microfinance in all over the world. The basic objective Micro finance, bringing new light to poor people life and secure their hopes, colorful dreams about future which are shrinking day by day but slowly this objective losing brightness by shrouded darkness. Now, micro finance institutions as well as people are facing so many problems because of indebtedness. Borrower's inefficiency is main cause to understand and implement the funding strategies for better utilization of micro finance loan. Various problems like lack of education, huge family structure, insufficient loans, lack of transportation, and lack of awareness about market etc, shows more impact on borrower's loan repayment. Ethiopia micro finance institutions are also facing problems by loan defaulters. This paper explains the inefficiencies of different characteristics by classifying the two variables like dependent and independent variable. In this paper, researcher tried to analyze, characteristics of independent and dependent variables and how independent variable shows impact on dependent variable etc., in Omo Micro finance-Konso Woreda. Researcher used Qualitative and Quantitative methods for collect the primary and secondary data. A descriptive survey research design was employed in this study, purposive sampling technique used to assess the causes of loan repayment default by the borrowers from OMFI in Konso woreda. The study was made on Konso woreda which comprises 43 kebeles. Top Keywords Micro finance Institution, Default Loan repayment, independent variable, borrowers. Top |