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Management of SACCOs

SACCO Management is a strategic process that enables SACCOs to achieve a competitive advantage, meet the needs of members, and ... Show more
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Learning Objectives

Certainly! Here are some learning objectives related to SACCO Management:

  • Governance and Leadership: Explore the roles and responsibilities of SACCO boards, management staff, and committees in decision-making and governance.
  • Credit Administration and Risk Management: Understand the process of evaluating loan applications, managing credit risk, and ensuring timely loan repayments.
  • Savings Mobilization Techniques: Explore strategies for encouraging members to save regularly, including promoting different savings products and setting attractive interest rates.
  • Understanding Cooperative Principles: Learn about the cooperative principles that guide SACCOs, such as voluntary and open membership, democratic control, and member economic participation.
  • Member Relationship Building: Learn how to build strong relationships with SACCO members through effective communication, personalized service, and member education.
  • Financial Management and Reporting: Gain insights into financial management practices, including budgeting, financial statements, and auditing.

Remember, SACCO Management is not only about financial transactions but also about fostering a sense of community and trust among members.

Learning Agenda

SACCO Management is the process of managing a Savings and Credit Cooperative Organization (SACCO), which is a type of financial institution that provides savings and credit services to its members.

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