The Effects of Credit Policy on Accounts Receivable Management at Victoria SACCOS-Mwanza
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SAUT
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ABSTRACT
The main purpose of the study was to determine the“The Effects of Credit Policy on
Accounts Receivables Management: The case of Victoria SACCOS”. Specific
objective of the study were: to examine the credit policy of Victoria SACCOS, to
determine the extent of credit default of Victoria SACCOS, and to determine
challenges facing the credit policy of Victoria SACCOS. This study is designed to be
used by Victoria SACCOS and other researchers who will be interested in
understanding The Effects of Credit Policy as a tool of Managing Accounts
Receivables. The major concern is to highlight what should be expected from the
credit policy when conducting business in credit terms.
Apart from determining the effects of credit policy, the researcher intended to
determine ways that could be implemented to achieve the results of the policy;
problems encountered during implementation, and, also highlight the credit policy of
the respective organization.
Both qualitative and quantitative data analysis technique were applied. It was
revealed that good implementation of credit policy reduces costs associated with
managing account receivable.
From data collected, analyzed and discussed the researcher came up with conclusion
and recommendation. He recommended on how to obtain optimal implementation of
credit policy which will minimize customers default from loan recovery.
Keywords
Credit Policy, Accounts Receivable, SACCOS