Saving and Credit Cooperatives (SACCOs) are the main financial solution of the people who have low income level. But they have their own challenges that retard their financial solution to their members and the economical contribution to a country. In Kalu Woreda, the development of SACCOs is low due to the existence of different challenges. The research design is cross sectional descriptive research. Primary and secondary sources of data were used. Stratified systematic random probability sampling methods were employed to select the sample respondents. The collected data were analyzed by descriptive statistical methods & simple index model analysis methods. Lack of knowledge and capacity of management committees and poor members’ participation, lack of transparency and accountability, lack of appropriate support from cooperative promoters and NGOs, and non awareness of the existing opportunities by the members are the main findings. Providing member driven services, providing appropriate training, education, and information to all stakeholders, and recommending Micro Financial Institutions to give up their unfair competition with cooperatives are the possible recommendations.
Key words: challenges, prospects, saving, credit, and cooperatives.
Table of Contents
- CHAPTER ONE: INTRODUCTION
- 1.1. Background of the Study
- 1.2. Statement of the Problem
- 1.3. Objectives of the Study
- 1.3.1. General Objective
- 1.3.2. The Specific Objectives
- 1.4. Research Questions
- 1.5. Scope of the Study
- 1.6. Significance of the study
- 1.7. Definition of Terms and Concepts
- 1.8. Limitations and Problems of the Study
- 1.9. Organization of the Report
- CHAPTER TWO: LITERATURE REVIEW
- 2.1. Introduction
- 2.2. Review of Theoretical Studies
- 2.2.1. Concept of Cooperatives in General and SACCOs in Particular
- 2.2.2. Cooperative Values and Principles
- 2.2.3. The Role of SACCOs in Poverty Alleviation
- 2.2.4. Theoretical Problems of Saving and Credit Cooperatives
- 2.2.5. Theoretical Challenges of SACCOs in Financial Transactions
- 2.2.6. Cooperative Movement in Ethiopia
- 2.2.7. The Role of SACCOs in Kalu Woreda
- 2.3. Review of Empirical Studies on the challenges and prospects of SACCOS
- 2.3.1. Empirically Observed challenges or problems of SACCOS
- 2.3.2. Empirical Studies Conducted on the Challenges & Prospects of SACCOs in Ethiopia
- 2.3.2.1. Studies on Internal and External Challenges of SACCOS
- 2.3.2.2. Studies on Challenges of Members Participation in SACCOS
- 2.3.2.3. Challenges of SACCOs to Provide the Required Services
- 2.3.2.4. Studies on Prospects of SACCOS
- 2.4. Summary of the Review of Related Literature
- CHAPTER THREE: METHODOLOGY
- 3.1. Description of the Study Area
- 3.2. Research Design and Approach
- 3.3. Population, Sample Size and Sampling Technique
- 3.3.1. Population
- 3.3.2. Sample size and Sampling Technique
- 3.4. Types and Sources of Data and Data Collection Methods
- 3.4.1. Types and Sources of Data
- 3.4.2. Data Collection Instruments
- 3.5. Data Collection Procedures
- 3.6. Method of Data Analysis
- 3.7. The Narrative Structure and Ethical Issues
- 3.8. Variables in the Study
- CHAPTER FOUR: RESULTS AND DISCUSSIONS
- 4.1. Introduction
- 4.2. Demographic Characteristics of Respondents
- 4.3. Challenges and Prospects of SACCOS
- 4.4. Prospects of SACCOS
- 4.5. Support of SACCOS' Promoters and NGOs
- 4.6. Interview Results about Challenges and Prospects of SACCOS
- 4.7. Summary of the Individual Respondents and Discussion Groups
Objectives and Key Themes
This thesis aims to investigate the challenges and prospects of saving and credit cooperatives (SACCOS) in the Kalu Woreda of South Wollo Zone, Amhara Region, Ethiopia. The study seeks to understand the factors affecting the performance and sustainability of these cooperatives.
- Challenges faced by SACCOS in Kalu Woreda
- Prospects for the growth and development of SACCOS
- Impact of internal and external factors on SACCOS' performance
- Role of SACCOS in poverty alleviation and economic development
- Effectiveness of support mechanisms for SACCOS
Chapter Summaries
CHAPTER ONE: INTRODUCTION: This chapter sets the stage for the research, providing background information on saving and credit cooperatives (SACCOS) in Ethiopia, specifically focusing on the context of Kalu Woreda. It clearly articulates the research problem, highlighting the need to understand the challenges and prospects of SACCOS in this specific area. The chapter also outlines the research objectives, questions, scope, significance, and limitations, providing a roadmap for the study. It defines key terms and concepts relevant to the research and details the organization of the thesis.
CHAPTER TWO: LITERATURE REVIEW: This chapter presents a comprehensive review of existing literature related to saving and credit cooperatives, both theoretical and empirical. The review covers the general concept of cooperatives and their specific application in the context of SACCOS. It delves into the cooperative values and principles, their role in poverty reduction, and theoretical challenges in financial transactions. The chapter also reviews empirical studies conducted on SACCOS in Ethiopia, analyzing both internal and external challenges, members' participation, service delivery issues and the overall prospects of SACCOS. This section lays a robust foundation for the research by connecting the study to existing knowledge.
CHAPTER THREE: METHODOLOGY: This chapter describes the research design, methods, and procedures used in the study. It details the study area (Kalu Woreda), the research approach (likely qualitative and quantitative), the population, sample size and sampling techniques employed to select participants for the research. The chapter specifies the types and sources of data used (e.g., surveys, interviews), data collection instruments (e.g., questionnaires), data collection procedures, and the method of data analysis. The chapter also addresses any ethical considerations and explains the variables being studied.
CHAPTER FOUR: RESULTS AND DISCUSSIONS: This chapter presents the findings of the research, providing a detailed analysis of the challenges and prospects of SACCOS in Kalu Woreda. It presents the demographic characteristics of the respondents and systematically explores the internal and external challenges encountered by SACCOS. Further analysis addresses challenges related to members' participation and service delivery, including issues such as transparency, accountability, loan processing, and member satisfaction. The chapter also identifies the prospects for SACCOS growth, exploring the role of support from promoters and NGOs. The results are presented in a clear and organized manner, supported by data and analysis, and are thoroughly discussed within the research context.
Keywords
Saving and Credit Cooperatives (SACCOS), Ethiopia, Kalu Woreda, Amhara Region, Challenges, Prospects, Poverty Alleviation, Financial Inclusion, Cooperative Principles, Member Participation, Service Delivery, Internal Factors, External Factors, Economic Development.
Frequently Asked Questions: Analysis of Saving and Credit Cooperatives (SACCOS) in Kalu Woreda, Ethiopia
What is the main topic of this research?
This research investigates the challenges and prospects of Saving and Credit Cooperatives (SACCOS) in Kalu Woreda, South Wollo Zone, Amhara Region, Ethiopia. The study aims to understand factors affecting the performance and sustainability of these cooperatives, their role in poverty alleviation, and the effectiveness of support mechanisms.
What are the key themes explored in the study?
Key themes include the challenges faced by SACCOS in Kalu Woreda, prospects for their growth and development, the impact of internal and external factors on their performance, their role in poverty alleviation and economic development, and the effectiveness of support mechanisms provided by promoters and NGOs.
What is the structure of the research report?
The report is structured into four chapters. Chapter One provides an introduction, outlining the background, objectives, research questions, and scope of the study. Chapter Two presents a comprehensive literature review, covering both theoretical and empirical studies on SACCOS. Chapter Three details the research methodology, including the study area, research design, data collection methods, and data analysis techniques. Chapter Four presents the results and discussion of the findings, analyzing the challenges and prospects of SACCOS in Kalu Woreda.
What methodologies were used in this research?
The methodology chapter details the research design (likely a mixed-methods approach combining qualitative and quantitative methods), the study area (Kalu Woreda), population, sample size, sampling techniques, data collection methods (e.g., surveys, interviews), data collection instruments (e.g., questionnaires), and data analysis techniques. Ethical considerations are also addressed.
What are the key findings of the research?
The results and discussion chapter presents findings on the demographic characteristics of respondents, challenges and prospects of SACCOS, the role of support from promoters and NGOs, and an analysis of interview results. It explores both internal and external challenges affecting SACCOS' performance, including issues related to member participation and service delivery.
What are some of the specific challenges faced by SACCOS in Kalu Woreda?
The study explores a range of challenges, including internal and external factors impacting SACCOS' performance. These may relate to member participation, service delivery (e.g., loan processing, transparency, accountability), and the broader economic and political context.
What are the prospects for the growth and development of SACCOS in the study area?
The research investigates the prospects for SACCOS growth and development, considering factors such as support from promoters and NGOs, improvements in service delivery, and enhanced member participation. The findings likely offer insights into potential strategies for strengthening SACCOS in the region.
What is the significance of this research?
This research contributes to a better understanding of the challenges and opportunities facing SACCOS in Ethiopia, particularly in rural areas. It informs policy and practice aimed at supporting the growth and sustainability of these cooperatives and their role in poverty alleviation and economic development.
What are the key words associated with this research?
Keywords include: Saving and Credit Cooperatives (SACCOS), Ethiopia, Kalu Woreda, Amhara Region, Challenges, Prospects, Poverty Alleviation, Financial Inclusion, Cooperative Principles, Member Participation, Service Delivery, Internal Factors, External Factors, Economic Development.
- Citation du texte
- Ergetew Temeche (Auteur), 2014, Challenges and prospects of saving and credit cooperatives in South Wolo Zone, Amhara Region, Ethiopia, Munich, GRIN Verlag, https://www.grin.com/document/284706
