Challenges and prospects of saving and credit cooperatives in South Wolo Zone, Amhara Region, Ethiopia
eBook - PDF

Challenges and prospects of saving and credit cooperatives in South Wolo Zone, Amhara Region, Ethiopia

The case of Kalu Woreda saving and credit cooperatives

  1. 92 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Challenges and prospects of saving and credit cooperatives in South Wolo Zone, Amhara Region, Ethiopia

The case of Kalu Woreda saving and credit cooperatives

About this book

Master's Thesis from the year 2014 in the subject Business economics - Miscellaneous, grade: B+, course: Management, language: English, abstract: 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.

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Information

Publisher
GRIN Verlag
Year
2014
Edition
0
eBook ISBN
9783656843948

Table of contents

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    Yes, you can access Challenges and prospects of saving and credit cooperatives in South Wolo Zone, Amhara Region, Ethiopia by Ergetew Temeche in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over 1.5 million books available in our catalogue for you to explore.