Indicative Factors for SACCOs Failure in Tanzania
| dc.contributor.author | Magashi, Cosmas | |
| dc.contributor.author | Sam, Anael | |
| dc.contributor.author | Agbinya, John | |
| dc.contributor.author | Mbelwa, Jimmy | |
| dc.date.accessioned | 2023-10-26T09:40:27Z | |
| dc.date.available | 2023-10-26T09:40:27Z | |
| dc.date.issued | 2023-08-09 | |
| dc.description | A research title was published by Engineering, Technology & Applied Science Research Volume: 13 | Issue: 4,| August 2023 | en_US |
| dc.description.abstract | SACCOs are viewed as a feasible opportunity toward financial inclusion in an economy where most of the citizens are poor, as they are very essential for the socio-economic development of members, the community, and the world at large. However, SACCOs sometimes do not realize the expected socio-economic potential, especially when they fail. This study aimed to comprehensively assess financial and non-financial factors, at institutional and personal levels, that contribute to the failure of SACCOS in Tanzania. The data were collected using a questionnaire on 5,000 members of SACCOs, obtained using stratified random sampling. Data collected were analyzed using descriptive statistics and binary logistic regression. The findings showed that both financial and non-financial factors, at personal and institutional levels, had a statistically significant and positive relationship with the failure of SACCOs. Therefore, the performance of SACCOs and other Microfinance Financial Institutions (MFIs) should be addressed from a comprehensive view of both financial and non-financial factors, at personal or institutional levels. In other words, the failure of MFIs should be addressed from a holistic point of view. | en_US |
| dc.identifier.uri | https://doi.org/10.48084/etasr.5989 | |
| dc.identifier.uri | https://dspace.nm-aist.ac.tz/handle/20.500.12479/2366 | |
| dc.language.iso | en | en_US |
| dc.publisher | Engineering, Technology & Applied Science Research | en_US |
| dc.subject | SACCOs failure | en_US |
| dc.subject | financial factors | en_US |
| dc.subject | non-financial factors | en_US |
| dc.title | Indicative Factors for SACCOs Failure in Tanzania | en_US |
| dc.type | Article | en_US |