Factors influencing loan repayment among savings and credit cooperatives societies (SACCOS): a case of Chamihado SACCOS, Dodoma Tanzania

Kengia, Josamu

dc.creator	Kengia, Josamu
dc.date	2019-08-21T05:50:53Z
dc.date	2019-08-21T05:50:53Z
dc.date	2015
dc.date.accessioned	2022-10-20T14:39:53Z
dc.date.available	2022-10-20T14:39:53Z
dc.identifier	Kengia, J. (2016). Factors influencing loan repayment among savings and credit cooperatives societies (SACCOS): A case of Chamihado SACCOS, Dodoma Tanzania. Dodoma: The University of Dodoma.
dc.identifier	http://hdl.handle.net/20.500.12661/1021
dc.identifier.uri	http://hdl.handle.net/20.500.12661/1021
dc.description	Dissertation (MA Business Administration)
dc.description	This study assessed the factors influencing loan repayment among SACCOS members, specifically in CHAMIHADO SACCOS in Dodoma Municipality. It was guided by three specific objectives namely: to understand the loan process of CHAMIHADO SACCOS members, to assess the loan repayment rate among members and to determine factors influencing loan repayment among CHAMIHADO SACCOS members. The sample size of 88 respondents were employed whereby simple random sampling and purposive sampling techniques were employed, to the select the respondents, data were collected by using both social survey and personal interviews, whereas questionnaire, interview guide and documentary review were employed as tools for data collection. The collected data were analyzed by using descriptive statistics and qualitative analysis. Findings revealed that, the processes followed by CHAMIHADO SACCOS members to secure loans are: To have savings and must be members of the SACCOS as well as having guarantors who also were members of CHAMIHADO SACCOS. Moreover, findings have revealed the loan repayment rate among CHAMIHADO SACCOS members as follows the majority 68% paid their loans on time followed by those who paid out of time 28% and 4% of them who failed to pay the loan totally. Further, findings have revealed that, most factors which affected loan repayments among CHAMIHADO members were low income among members, low level of education, the number of dependants, borrower’s experience and the amount of loan receipts. Basing on the findings from this study, the following recommendations are made: entrepreneurship skills should be provided by CHAMIHADO SACCOS to their borrowers before giving them loans. There also should be a regular follow up to the CHAMIHADO SACCOS members and should ensure a proper allocation of their loans so as to avoid defaults.
dc.publisher	The University of Dodoma
dc.subject	SACCOS
dc.subject	Loan repayment
dc.subject	Dodoma
dc.subject	Loan
dc.subject	Saving and Credit CooporativeSocieties
dc.subject	CHAMIHADO
dc.subject	CHAMIHADO SACCOS
dc.subject	Chama cha Mikopo Halmashauri ya Dodoma
dc.title	Factors influencing loan repayment among savings and credit cooperatives societies (SACCOS): a case of Chamihado SACCOS, Dodoma Tanzania
dc.type	Dissertation