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Author: Ergetew Temeche Publisher: GRIN Verlag ISBN: 3656843945 Category : Business & Economics Languages : en Pages : 92
Book Description
Master's Thesis from the year 2014 in the subject Business economics - Miscellaneous, grade: B+, , course: Management, language: English, abstract: Saving and Credit Cooperatives (SACCOs) are the main financial solution of the people who have low income level. But they have their own challenges that retard their financial solution to their members and the economical contribution to a country. In Kalu Woreda, the development of SACCOs is low due to the existence of different challenges. The research design is cross sectional descriptive research. Primary and secondary sources of data were used. Stratified systematic random probability sampling methods were employed to select the sample respondents. The collected data were analyzed by descriptive statistical methods & simple index model analysis methods. Lack of knowledge and capacity of management committees and poor members’ participation, lack of transparency and accountability, lack of appropriate support from cooperative promoters and NGOs, and non awareness of the existing opportunities by the members are the main findings. Providing member driven services, providing appropriate training, education, and information to all stakeholders, and recommending Micro Financial Institutions to give up their unfair competition with cooperatives are the possible recommendations. Key words: challenges, prospects, saving, credit, and cooperatives.
Author: Ergetew Temeche Publisher: GRIN Verlag ISBN: 3656843945 Category : Business & Economics Languages : en Pages : 92
Book Description
Master's Thesis from the year 2014 in the subject Business economics - Miscellaneous, grade: B+, , course: Management, language: English, abstract: Saving and Credit Cooperatives (SACCOs) are the main financial solution of the people who have low income level. But they have their own challenges that retard their financial solution to their members and the economical contribution to a country. In Kalu Woreda, the development of SACCOs is low due to the existence of different challenges. The research design is cross sectional descriptive research. Primary and secondary sources of data were used. Stratified systematic random probability sampling methods were employed to select the sample respondents. The collected data were analyzed by descriptive statistical methods & simple index model analysis methods. Lack of knowledge and capacity of management committees and poor members’ participation, lack of transparency and accountability, lack of appropriate support from cooperative promoters and NGOs, and non awareness of the existing opportunities by the members are the main findings. Providing member driven services, providing appropriate training, education, and information to all stakeholders, and recommending Micro Financial Institutions to give up their unfair competition with cooperatives are the possible recommendations. Key words: challenges, prospects, saving, credit, and cooperatives.
Author: International Labour Office Publisher: International Labour Office ISBN: Category : Business & Economics Languages : en Pages : 400
Book Description
Cooperatives are omnipresent in Africa and represent a significant part of the private sector in most African countries. Successful and economically viable cooperatives create economic opportunities, provide a basic level of social protection and security, and provide their members with voice and representation. Yet, there are weaknesses and deficiencies of cooperatives in certain countries or sectors that result in poor performance. This book offers an objective analysis of the state of affairs of the cooperative sector in Africa since the liberalization of the economy in the early 1990s. It contains a historical overview of cooperative development in the continent and in-depth country studies that illustrate not only the structure and operation of the cooperative sector, but also analyse the major strengths and weaknesses of various cooperative undertakings in Africa. The aim of this book is to alert governments, donors and researchers to a fragmented, dispersed movement and make a case for the viability of cooperatives in Africa
Author: Tanguy Bernard Publisher: Intl Food Policy Res Inst ISBN: 0896291758 Category : Business & Economics Languages : en Pages : 104
Book Description
Rural producer organizations (RPOs), such as farmers' organizations or rural cooperatives, offer a means for smallholder farmers in developing countries to sell their crops commercially. RPOs hold particular promise for Sub-Saharan Africa, where small-scale farming is the primary livelihood but commercialization of food crops is very limited. Using the experience of smallholders in Ethiopia as a case study, this research monograph identifies the benefits of RPOs for small farmers, as well as the conditions under which such organizations most successfully promote smallholder commercialization. The evidence from Ethiopia indicates that RPOs do increase farmers' profits from crop sales, but that the beneficiaries do not tend to be the poorest smallholders. Moreover, an RPO's marketing effectiveness is precarious: it can easily diminish if the number or diversity of its members increases or if it provides more non-marketing services. The authors conclude that RPOs have a role to play in the agricultural development of Sub-Saharan Africa, but that role should be complemented by other programs that directly target the poorest farmers. Further, the effectiveness of RPOs should be preserved by allowing them to follow their own agendas rather than being encouraged to take on non-marketing activities. The assessment of RPOs presented in this monograph should be a valuable resource for policymakers and researchers concerned with economic development and poverty reduction in Sub-Saharan Africa.
Author: Alaine Low Publisher: Oxfam ISBN: 0855982985 Category : Business & Economics Languages : en Pages : 79
Book Description
In many countries in Africa and Asia, rotating savings and credit associations underpin much of the economy. This survey covers the wide range of literature on these associations. Published with Centre for Cross-Cultural Research on Women.
Author: Dana T. Redford Publisher: Emerald Group Publishing ISBN: 1802620559 Category : Business & Economics Languages : en Pages : 201
Book Description
Transforming Africa: How Savings Groups Foster Financial Inclusion, Resilience and Economic Development presents in-depth empirical research into current day savings group activities across Africa, exploring savings groups through the lens of financial inclusion and reflecting on formal finance, economic and social outcomes.
Author: Robert J. Cull Publisher: World Bank Publications ISBN: 0601241630 Category : Bank loans Languages : en Pages : 51
Book Description
Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and information asymmetries, but high repayment rates have not translated easily into profits for most microbanks. Profitability, though, is at the heart of the promise that microfinance can deliver poverty reduction while not relying on ongoing subsidy. The authors examine why this promise remains unmet for most institutions. Using a data set with unusually high quality financial information on 124 institutions in 49 countries, they explore the patterns of profitability, loan repayment, and cost reduction. The authors find that institutional design and orientation matter substantially. Lenders that do not use group-based methods to overcome incentive problems experience weaker portfolio quality and lower profit rates when interest rates are raised substantially. For these individual-based lenders, one key to achieving profitability is investing more heavily in staff costs-a finding consistent with the economics of information but contrary to the conventional wisdom that profitability is largely a function of minimizing cost.
Author: International Labour Organization Publisher: ISBN: 9789221262077 Category : Languages : en Pages : 145
Book Description
Explores the underlying rationale for the approach adopted by the COOPAfrica, a regional technical programme established by the ILO in October 2007, and highlights innovative features in the process of setting up and implementing phase 1 of the programme (2007-2010).
Author: Esayas Bekele Geleta Publisher: Routledge ISBN: 1317024095 Category : Business & Economics Languages : en Pages : 133
Book Description
Microfinance has long been considered a development strategy that can correct the failure of the global credit market and address the financial needs of the poor enabling them to create and run profitable business enterprises. The Microfinance Mirage argues that this neo-liberal oriented analysis overemphasises the economic argument whilst ignoring the cultural roots of inequality and subordination. Drawing on ethnographic research conducted among rural credit clients in the Northern region of Ethiopia, Esayas Bekele Geleta provides a nuanced critical analysis of microfinance challenging the common assumption that it facilitates the building of social capital, poverty reduction and the empowerment of women. Making a unique contribution to our further understanding of the microfinance industry the research shows that, in some cases, microfinance can result in the disintegration of pre-existing relationships and in the disruption and destruction of the livelihoods of the poor. Exploring the impact of microfinance in one of the poorest regions of sub-Saharan Africa, this book demonstrates its potential and problems and shows the complex and contradictory social and cultural environments in which projects are often located.
Author: Ergetew Temeche
Author: Ergetew Temeche
Author: International Labour Office
Author: Hans Holmén
Author: Tanguy Bernard
Author: Alaine Low
Author: Dana T. Redford
Author: Robert J. Cull
Author: International Labour Organization
Author: Assefa Admassie
Author: Esayas Bekele Geleta