The Role of SACCOS on Improving Livelihood of Clients in Moshi Rural District.

Mallya, Thomas M. (2020) The Role of SACCOS on Improving Livelihood of Clients in Moshi Rural District. Masters thesis, The Open University of Tanzania.

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Abstract

This study determined the contribution of SACCOs in improving the household wellbeing in Moshi rural district. This was an analytical cross-sectional study conducted from July 2019 to August 2019 at KKIKALORA SACCOS. Simple random sampling was used to obtain 120 members of the SACCOS for an interview. Data collection was done using questionnaire and Focus Group Discussion (FGD)methods. Quantitative data was analyzed with help of SPSS Version 23.0. Numerical data was summarized using mean and standard deviation while categorical data was summarized using frequency and percent. Paired t-test was employed to test the significance influence of SACCOS on clients’ livelihood at 5% level of significance. The quantitative results were presented using tables and figures. Thematic analysis was employed for qualitative data and was presented in narrative method. The result showed that SACCOS has raised assets, education and health support, food adequacy and improved business capital to its members. The study concludes that SACCOS has positive impact on saving mobilization, assets, education, health, business and investment. It has significant impact on food adequate and diet improvement. The education on savings in totality is a vital strategy to improve savings mobilization in SACCOs members. Despite these strengths there are existing challenges that limit its proper utilization include lack of knowledge in entrepreneurship and financial management, failure to return loans on time, and misallocation of loans. This study recommends that the government should closely supervise SACCOS so as to increase their contributions on livelihood improvement. Keywords: Household wellbeing, KKIKALORA SACCOS, Moshi rural district, saving mobilization.

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