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

57to 41% . These parameter s were use d t o chec k if there wa s an y gende r biasnes s o nmembership registration and loan payments.Table 2: SexParameter Frequency Percentage Cumulative %Male 72 59.02 59.02Female 50 40.98 100TOTAL 122 100Source: The survey study 2004In recen t years, following restructuring and divestures of public corporations, the rate ofregistering ne w member s ha s decreased . Th e ongoin g organizatio n restructurin gfollowing technological advancement (e.g . introduction of prepaid phone card at TTCL )is affecting membership, as more members will be out of employment, This will result innew arrangements for repayments of outstanding loans and new borrowing if they decideto retain membership. A mass retrenchment i n progress o f around 1,60 0 TTC L staff ,which is expected to grow to 2,400 (about 80 % assumed to be active members), shallcause a serious drop in membership financial base.Experience shows that majority of people working in every region are from other regionsin Tanzania , so the possibility of retrenched staf f to return to their places of origin islooming. This causes KK member s to withdraw their shares and deposits, fo r a freshstart somewhere else, resulting in a drop in society's equity. Also, many members whohave worked with member organizations for a long time are now expected to retire. It isobvious that there will be very little new recruitment as technology is taking over humanresources.