Dar Es Salaam, Tanz - SNHU Academic Archive - Southern New ...

More documents

Recommendations

Info

120The important thing is for one to take initiative and having a confidence that like othersuccessful busines s peopl e he/sh e als o ca n engag e himself/hersel f i n busines s an dmaintain it.Other remarksFrom the assessment done to KK, the situation is finally summarized as follows;(a) Current institutional and financial situation is under control;(b) The society loan portfolio management coul d be improved by a better follow-up onlate submitted loans because at the moment there is no list of delinquent borrowersare produced monthly;(c ) Portfoli o at risk ratio should be carefully monitored and a maximum ratio of 5%should be reached;(d) Management has no information regarding loan portfolio quality, aging and risk, soan effort should be made to remedy the shortcoming(e) I t is necessary that repayment capacity should be assessed for each loan by ensuringthat borrowers does not have any other commitments of similar nature.Apart from looking fo r othe r products , KK i s required to look into the possibilit y ofallowing member s othe r tha n from the curren t K K specifie d organizations to join th esociety in order to boost and sustain credit business. This will fill i n the gap, which canbe lef t i f larg e numbe r o f member s drop s i n a row , followin g th e continuou sretrenchments o f staff in some member organizations.
121In <strong>Tanz</strong>ania , SACCOs hav e registere d differen t degree s of success. SACCO s whos ecommon bond is the work place and composed of educated people have endured the testof time and have recorded som e degree of success. Perhaps one variable that distinguisha wel l functionin g SACCOs from others is that savings and loan repayments ar e ofte ndirectly deducte d from th e payroll . Thi s significantl y diminishes th e possibilit y ofdefault and ensures the discipline for regular deposits. In some places, especially in ruralareas especiall y amon g les s educate d groups , runnin g SACCO s ha s bee n mor echallenging. SACCOs requires good book-keeping skills, which are often conspicuouslyabsent in rural areas. This makes this device less user-friendly to the poor who are oftenilliterate.
Page 1:
SOUTHERN NEW HAMPHSHIRE UNIVERSIT Y
Page 4 and 5:
iiiDECLARATION:I, Kassian A. Mtey,
Page 6 and 7:
ABSTRACTCooperative system s wer e
Page 8 and 9:
viiABBREVIATIONACCOSCA Africa n Con
Page 10 and 11:
ix2.3 Polic y review 4 3CHAPTER HI3
Page 12 and 13:
xiGraph 2; Planned loans for 2003 8
Page 15 and 16:
3(a) Identifyin g shortcomings, whi
Page 17 and 18:
5The societ y ha s neve r undertake
Page 19 and 20:
7(ii) Members participationMember's
Page 21 and 22:
9created through unity of different
Page 23 and 24:
11In Tanzania SACCOs are divided in
Page 25 and 26:
13Microfinance i s the provision of
Page 27 and 28:
15interruptions, cooperatives hav e
Page 29 and 30:
17and responsibilities of other sta
Page 31 and 32:
192.1.2 Developmen t of SACCOs in T
Page 33 and 34:
21savings mean t puttin g asid e so
Page 35 and 36:
23In som e rural areas especially a
Page 37 and 38:
25According t o Kironde , J.M.L (19
Page 39 and 40:
27(SACCOS) an d th e financia l Non
Page 41 and 42:
29died of malaria, would that stop
Page 43 and 44:
31A lo t have been written regardin
Page 45 and 46:
33Another SACCOs visited in this ca
Page 47 and 48:
35have yet to be developed. In gene
Page 49 and 50:
37(i) B e able to identif y trainin
Page 51 and 52:
39community in that area, their low
Page 53 and 54:
41To hi s opinion, there has bee n
Page 55 and 56:
43Many shortcoming s reporte d sho
Page 57 and 58:
45In respec t o f SACCOs, th e micr
Page 59 and 60:
47CHAPTER III3.0 RESEARCH METHODOLO
Page 61 and 62:
493.2 Research approach and strateg
Page 63 and 64:
51(c) Pas t experienceHaving worke
Page 65 and 66:
53The recommendation s wil l b e sh
Page 67 and 68:
554.1.1 INSTITUTIONA L ASSESSMENTTh
Page 69 and 70:
57to 41% . These parameter s were u
Page 71 and 72:
59a) Administrativ e policies and p
Page 73 and 74:
614.1.1.2 Material and human resour
Page 75 and 76:
63SharesKK als o invested in shares
Page 77 and 78:
65who are not members of the Board
Page 79 and 80:
67KK ha s survived many years of po
Page 81 and 82: 69KK executiv e chairman is clearly
Page 83 and 84: 71In our study findings above, it w
Page 85 and 86: 73For those who were not satisfied,
Page 87 and 88: 75financial reports are prepared an
Page 89 and 90: 77minutes of the past annual genera
Page 91 and 92: 79For proper safe keeping of money,
Page 93 and 94: 81Table 11: Opinion for non-members
Page 95 and 96: 83cooperative rules, which states;
Page 97 and 98: 85The following is the chart giving
Page 99 and 100: 87Diversity of issued loan s i s ve
Page 101 and 102: 89thinking of other economic develo
Page 103 and 104: 91that from the salary received, he
Page 105 and 106: 93The mone y requeste d t o b e wri
Page 107 and 108: 95issued b y the Ban k o f Tanzania
Page 109 and 110: 97KK charge s an interest of 1.5% p
Page 111 and 112: 99activities an d se t targets . Fr
Page 113 and 114: 1014.13.1 Finance and planning(a) A
Page 115 and 116: 103information fo r financial state
Page 117 and 118: 105In the study, when reviewing the
Page 119 and 120: 107(a) 20% of net surplus eac h yea
Page 121 and 122: 109year 1997 , 199 9 an d 2001 . Th
Page 123 and 124: Illcontinued wit h same tradition,
Page 125 and 126: 113(ii) Hig h level cooperative ill
Page 127 and 128: 115Management can set some categori
Page 129 and 130: 117mismanagement o f powers and res
Page 131: 119knowledge to generate more incom
Page 135 and 136: 123If KK management wil l immediate
Page 137 and 138: 125policy. Th e organizatio n need
Page 139 and 140: 127In cas e situation becomes diffi
Page 141 and 142: 129BibiiograhyAdam Mwandeng a (2000
show all

Dar Es Salaam, Tanz - SNHU Academic Archive - Southern New ...

Create successful ePaper yourself

Delete template?

Save as template?