The Role of Financial Intermediation in Domestic Savings: Evidence from Savings and Credit Cooperative Societies in Tanzania

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dc.creatorPastory, Dickson
dc.creatorQin, Xuezhi
dc.creatorNdiege, Benson Otieno
dc.date2019-06-25T07:34:12Z
dc.date2019-06-25T07:34:12Z
dc.date2013-04
dc.date.accessioned2022-10-20T08:35:15Z
dc.date.available2022-10-20T08:35:15Z
dc.descriptionThis paper determines how Savings and Credit Cooperative Societies (SACCoS) play a role in domestic savings. Panel data from 21 regions of Tanzania mainland, for the period of 2005-2012, published by the Ministry of Agriculture, Food and Cooperatives, are used. The study uses panel data regression model in analysis. Findings show that, the contributions of SACCoS sub-sector in financial intermediation and households’ savings are commendable. Numbers of SACCoS and number of members are positively affecting the level of savings and highly significant. However increase in number of SACCoS and members increases savings to a certain limit where savings start to diminish. Also external sources of funds show negative and significant effects to savings. Other significant factors include year, and gross loan portfolio. The government and policymakers need to develop more conducive environment for economic development and for people to join SACCoS so as to promote domestic savings. Also the linkage between SACCoS and formal financial institutions like commercial banks should be reviewed for the sake of building strong internal saving capacities.
dc.formatapplication/pdf
dc.identifier1450-2887
dc.identifierhttp://dspace.cbe.ac.tz:8080/xmlui/handle/123456789/248
dc.identifier.urihttp://hdl.handle.net/123456789/79556
dc.languageen
dc.publisherCollege of Business Education
dc.relation;Issue No:108
dc.subjectTanzania, Savings, SACCoS, Microfinance, Cooperatives, Financial intermediation, Economic Development and Poverty
dc.titleThe Role of Financial Intermediation in Domestic Savings: Evidence from Savings and Credit Cooperative Societies in Tanzania
dc.typeArticle

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