Examination of the biblical and theological foundations of church investment strategy for the improvement of socio-economic standards of Pentecostal Worship Ministry (PWM) members.

Abstract

The aim of the study was to examine the biblical and theological foundations of church investment strategy for the improvement of socio-economic standards of Pentecostal worship ministry (Pwm) Members. The study was guided by the Functionalism Theory by Emile Durkheim. The study used a descriptive research design. The targets population was 1230 church members. The sample size was 369 respondents, which was selected through simple random and purposive sampling. Both qualitative and quantitative methods of data collection were used. The qualitative data was collected using interviews and focused group
discussions. Quantitative data was collected using closed-ended questionnaire. The qualitative data was analyzed thematically following the objectives of the study, while quantitative data was analyzed using statistical package for the social science version 28 for windows and presented using tables and charts. This study reveals that 72.4% of respondents recognize the Bible’s endorsement of investment principles, emphasizing diligent work and resource multiplication. Interviews and focus group discussions reinforce this perspective, highlighting the role of investments in enhancing socio-economic standards. The study
concludes that PWM leaders are successfully educating their congregations about investments, promoting self-sufficiency and economic growth. By aligning investment strategies with biblical teachings, PWM members are improving their livelihoods and addressing socio-economic challenges within their community. Recommendations include enhancing biblical teaching on investments, providing financial management training for church leaders, forming church-based investment groups, and creating financial support systems for members.