TABLE OF CONTENTS
DECLARATION .................................... .. .......................................................... i
APPROVAL ..................................... ............................................................... ii
DEDICATION ..................................... ............................................................ iii
ACKNOWLEDGEMENT .................................................................................... iv
TABLE OF CONTENTS .................................................................................... v
LIST OF TABLES .......................................................................................... viii
ACCRONYMS ................................................................................................. ix
ABSTRACT .................................................................................................... X
CHAPTER ONE ............................................................................................ 1
INTRODUCTION AND BACKGROUND ....................................................... 1
1.0 Introduction ............................................................... ............................. 1
1.1 Background of the study .......................................................................... 1
1.2 Statement of the problem ......................................................................... 4
1.3 Objectives of the Study ............................................................................ 5
1.3.1 General Objective: ................................................................................ 5
1.3.2Specific objectives of the study ............................................................... 5
1.4 Research Questions: ................................................................................ 5
1.5 Scope of the study: ........................................................... ....................... 5
1.5.1The time scope ...................................................................................... 6
1.6 Significance of the study: ......................................................................... 6
1.7 Conceptual framework ............................................................................. 7
CHAPTER TWO ........................................................................................... 7
LITERATURE REVIEW ......................................................... ....................... 8
2.0 Introduction ................................................................. ........................... 8
2.1 The Concept Of Poverty .................. ............................................... .......... 9
2.2 Poverty Status Report November 2017 .......................... .. ........................ 10
2.2.1 Table Showing The Trends Of Poverty Status At National Level .............. 10
2.3 THE CONTRIBUTION OF SACCOs ............................................................ 10
2.4 FACTORS INFLUENCING THE FORMATION OF Saccos .............................. 16
v
2.5 Conclusion ............................................................................................. 19
CHAPTER THREE ...................................................................................... 20
METHODOLOGY ........................................................................................ 20
3.0 I ntroducl:ion ....................................................................................... 20
3.1 Research design .................................................................................... 20
3 .2 Study population .................................................................................... 20
3.3.1 Random sampling ............................................................................... 21
3. 3.2 Purposive method ............................................................................... 21
3.4 Sources of data and tools ....................................................................... 21
3.4.1 Primary sources .................................................................................. 21
3 .4.2 Secondary sources .............................................................................. 21
3. 5 Research instruments ............................................................................. 21
3.5 .1 Interview method ................................................................................ 21
3.5 .2 Questionnaire ..................................................................................... 22
3.5 .3 Observations ....................................................................................... 22
3.6 Data Analysis, Processing and Presentation ............................................. 22
CHAPTER FOUR ........................................................................................ 23
PRESENTATION OF THE ANALYSIS AND DISCUSSION Of FINDINGS. 23
4.0 Introduction .......................................................................................... 23
4.1 BACKGROUND INFORMATION RESPONDENTS ........................................ 23
4.2 :THE CONTRIBUTION OF SACCOS IN MOYOK SUB COUNTY .................... 27
4.3 : FACTORS CONTRIBUTING THE FORMATION OF SACCOS ....................... 30
4.4 RELATIONSHIP BETWEEN SACCO'S AND POVERTY ALLEVIATION ............ 33
CHAPTER FIVE .................................................................. '· ...................... 36
SUMMARY, CONCLUSSIONS AND RECOMMENTATIONS ....................... 36
5.1 Summary of major findings ..................................................................... 36
5.1.1 Findings on personal information of respondents .................................. 36
5.1.2 Findings on factors which influence the formation of SACCOs ................ 36
5.1.3 Findings on the contribution of SACCOs ................................................ 36
ABSTRACT The objective of the study was to examine the impact of savings and credit cooperatives (Sacco's) in poverty reduction, state of poverty, the factors influencing the formation of Sacco's, and the relationship between Sacco's and poverty alleviation in Moyok Sub County. Using a cross sectional research design in which both the quantitative and qualitative methods were utilized to find out the impact of Sacco's on the alleviation of poverty. Questionnaires alongside face to face interviews were administered to 133 respondents who were staff and clients of Moyok Sacco's. It was found out that Sacco's renders services such as provision of loans and credits, savings mobilization, investment advice, provision of employment opportunities, promotion of entrepreneurship poverty eradication and provision of essential services among others. This has helped them succeed in improving customer satisfaction and profitability, improving the social welfare of its clients, improved the lending capacity alongside their annual growth rate. As a way of improving the success of saving and credit cooperative societies, the study recommends among others; the need for Sacco's in Uganda to increase outreach by providing cost effective but affordable financial services to the poor and critically improve governance, human resource development, and systems development mainly through internal control, business plan, and marketing strategy and concentrate on their original developmental and social objectives other than exclusively focusing on their financial performance.
