Department of Accounting and Finance
URI for this collectionhttps://rps.wku.edu.et/handle/123456789/45801
Department of Accounting and Finance
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Item FACTORS AFFECTING THE EFFECTIVNESS OF SAVING & CREDIT COOPERATIVES IN GURAGHE ZONE(WOLKITE UNIVERSITY, 2019-06) GINBARU TEKLE, GINBARUhe main purpose of this study was to investigate factors affecting the effectiveness of saving and credit cooperative in Guraghe zone. The study followed simple random sampling research design. Using simple random sampling, 109 sample SACCOs were taken from the study area. Data used primary data collected from board chair person based on designed questionnaires and also data used the logistic regression model was used for the analysis. The major factors that affecting effectiveness of SACCOs are favorable for saving, fair policy and regulation, amount of saving to members, working time, and membership size which has a strong association and statistically significant. In addition the major factors that affect SACCOs effectiveness and statistically significant is level of Equib and Edir. Therefore the researcher recommends SACCOS should give high attention in attracting members to increase their source of fund by providing awareness about the benefit of joining SACCOS by using different social Medias, by creating training programs, through distribution of brochure to clients if fund is available should encourage members to take loan to increase dividend for idle funds, should charge compatible interest rate on loan to members to attract members, and also the government establishes cooperative bank then bank of cooperative to regulate SACCOs cooperative every activities. Finally Federal cooperatives agency should pay attention to decide for the government to establish cooperative bank of SACCOs as they help many people in providing loan as well as saving services and they are one of the financial service providers that highly contribute for effective financial services for the country