Factors affecting financial performance of savings and credit co-operatives societies: a case of majengo sokoni SACCOS in Dodoma city

Mohamed, Sharifa S.

dc.creator	Mohamed, Sharifa S.
dc.date	2019-09-02T09:22:12Z
dc.date	2019-09-02T09:22:12Z
dc.date	2018
dc.date.accessioned	2022-10-20T14:40:03Z
dc.date.available	2022-10-20T14:40:03Z
dc.identifier	Mohamed, S. S. (2018). Factors affecting financial performance of savings and credit co-operatives societies: a case of majengo sokoni SACCOS in Dodoma city . Dodoma: The University of Dodoma.
dc.identifier	http://hdl.handle.net/20.500.12661/1403
dc.identifier.uri	http://hdl.handle.net/20.500.12661/1403
dc.description	Dissertation (MA Business Administration)
dc.description	SACCO’s is important in any country for socio-economic development. However, performance of SACCOS in Tanzania has been below member expectations thereby causing dissatisfaction among most of their members. Therefore, this study examines factors affecting the financial performance of SACCOS. A cross section design was used to gather information from Majengo Sokoni SACCO’s in Tanzania the case of Dodoma city. Primary data were collected through interviews and observation methods using questionnaire and checklist tools. Various publishing and unpublishing materials including books, internet, journals and report were reviewing as secondary information. The collected data were analyzed through descriptive, multiple regression and inferential statistics where frequencies, percentages, mean and standard deviation were obtained. Findings from the study revealed that the number of membership was increasing while membership savings were decreasing over past five years’. The low membership savings contribute to poor financial performance of Majengo sokoni SACCO’s. Moreover, the study found out that, there has been a wide trend in loans default for 2014-2015 and 2016-2017 years. This result implies that there are wide trends of loan defaults which limit the progress of financial performance of Majengo sokoni SACCOS. Furthermore, dividend policy was found to have a positive significant influence on ROA and ROE (P=<0.05). These findings imply that dividend payout had a great effect on SACCOSS future performance and could attract more membership. The study recommends that the SACCOS should educate their members in prompt payment, aim at increasing more members in order to increase savings and expand on the investment avenue so as to establish a consistent way of paying the dividend.
dc.language	en
dc.publisher	The University of Dodoma
dc.subject	Savings and Credit Cooperative Societies
dc.subject	SACCOS
dc.subject	Financial performance
dc.subject	Dodoma
dc.subject	Majengo sokoni
dc.subject	Prompt payment
dc.subject	Savings
dc.subject	Investment avenue
dc.subject	Savings financial performance
dc.title	Factors affecting financial performance of savings and credit co-operatives societies: a case of majengo sokoni SACCOS in Dodoma city
dc.type	Dissertation