Download or read book The Efficiency of Multi tier Savings and Credit Cooperatives in Developing Countries written by Marcel Gounot and published by Peter Lang Pub Incorporated. This book was released on 2001-01-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a means of fighting poverty, the support of microfinance institutions has gained major significance in development aid. However, the widespread expectation that these institutions would quickly become self-sustaining has so far only rarely been fulfilled. This applies in particular to multi-tier savings and credit cooperatives, whose way of functioning is examined in the present study using innovative organisation- and cost-analysis instruments. The analysis reveals the dominance of the upper institutional levels, which attempt to position themselves as intermediaries for public development aid and as a result generate extremely inefficient operations, instead of providing efficient support services for the lower level institutions. To enable multi-tier savings and credit cooperatives to develop their full potential, radical reforms and a change of attitude on the part of the cooperative managers and international donors are needed.
Download or read book How Cooperative are Savings and Credit Cooperatives in Developing Countries written by Oliver Schmidt and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building successful savings and credit cooperatives (SACCOs) that actually embody the cooperative principles is a challenge to development agencies. Although SACCOs form the majority of microfinance providers in many developing countries, the most recent literature on microfinance governance and performance has given little reference to the longstanding body of relevant cooperative literature. SACCO representation in microfinance datasets is biased. Drawing on so-far unexploited datasets of Ugandan SACCOs and savings groups, this paper empirically analyses policy debate regarding SACCO- and savings group regulation. The findings point to the relevance of practically implementing the principle of 'cooperation between cooperatives' to ensure effective governance at SACCO level. Moreover, the paper introduces two new measures, based on members' savings and shares, which could become useful tools to track the application of cooperative principles in developing countries, and hence improve evidence-based policy-making for SACCOs.
Download or read book The Contribution of Saving and Credit Cooperatives SACCOS on the Improvement of Members Socio Economic Development in Rwanda Opportunities and Challenges written by Sylvain R. Ntuite and published by GRIN Verlag. This book was released on 2021-07-30 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2020 in the subject Economics - Finance, grade: Rite, University of Koblenz-Landau (KOBLENZ-LANDAU UNIVERSITY , School of social sciences, department of Economics), course: PhD Dissertation, language: English, abstract: This study examines the contribution of saving and credit cooperatives (SACCOS) on the improvement of members’ socio economic development in Rwanda. The appearance of saving and credit cooperatives or credit unions has been known as remedy for social ills rooted in poverty because of its efficiency in loans or credits dispensation, social equality for enhancement and reduction of poverty among low income earners. Therefore, millions and millions of poor people and non-bankable in developing countries (or third world countries) have been provided access to formal financial services through saving and credit cooperatives’ programs. The targeted population concerned by the study was 1,940 members of USACCO from which a sample of 92 respondents was purposely selected. The study has adopted a combination of correlation and descriptive research design. It has employed both quantitative and qualitative approaches. The study used both primary and secondary data. The primary data was collected using questionnaire and interview and, while secondary data was collected using documentations techniques whereby, Manual of procedures and Credit policies of USACCO and financial reports have been consulted. The analysis of data was done using SPSS version 21.
Download or read book Strategic Trade Policy an Option for Developing Countries written by Leonor von Limburg and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2002 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do developing countries have anything to learn from the «Strategic Trade Policy» debate? What lessons can they derive out of controversial models leading to constrasting perspectives about the impact of trade upon growth? This book addresses such questions by offering a critical review of the main developments of trade theory, concentrating on the implications of imperfect competition and increasing returns to scale in the analysis of trade. It also discusses the trade-growth relationship in the light of endogenous growth theories and explores the existence of a case for developing countries engaging in trade promotion of knowledge generating sectors. An account of the experiences with different trade regimes of various East Asian and Latin American countries and CGE-simulations of the effects of targeted trade promotion policies in Venezuela complement the analysis.
Download or read book Operational Efficiency of Agricultural Cooperatives in Developing Countries written by Eberhard Dülfer and published by . This book was released on 1974 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basic considerations; Efficiency with respect to social and economic development targets; Motivational and organizacional aspects of cooperative efficiency; Efficiency of different patterns of cooperative farming in developing regions; Efficiency of different of service and credit cooperatives; Imperatives for management and financing of cooperative enterprises; Prerequisites for cooperative efficiency within agricultural development projects; Vocational training and education required for members and personnel of cooperatives in developing countries.
Download or read book Structural Adjustment and Cooperatives in Developing Countries written by Roland Lindenthal and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Abstracts of Public Administration Development and Environment written by and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Savings and Credit Cooperatives in Promoting Access to Credit in Swaziland written by Mcebo Justice Zikalala and published by . This book was released on 2016 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Internationally acclaimed institutions within the development field, such as the United Nations (UN) and the International Labour Organization (ILO), have taken a keen interest in the cooperative model as a mechanism that can be utilised to promote financial inclusion. However, in Swaziland, there have been mixed views regarding the role of savings and credit cooperatives (SACCOs) in facilitating access to financial services for their members. Moreover, within applied economics literature, research has been scarce on the role of savings and credit cooperatives in facilitating access to credit. Additionally, there has been limited knowledge concerning the role of savings and credit cooperatives in promoting access to credit in developing economies like Swaziland. The main objective of this study was to assess the role of savings and credit cooperatives in promoting access to financial services, especially credit services to their members. Empirical analysis was based on both the qualitative and quantitative approaches that utilised a combination of primary and secondary data. The data was collected in a survey of 38 savings and credit cooperatives in Swaziland through face-to-face interviews with respondents and from the cooperative data analysis system (CODAS). The data analysis tool utilised for this analysis was the Statistical Package for Social Science (SPSS) version 22. The results of the study indicated that savings and credit cooperatives in Swaziland have a high level of outreach with an average membership of 631 members, with 46 percent representing women, and also have one physical access point. In addition, in 2014 they managed to accumulate total assets worth E17 333 051, mobilised savings worth E13 501 341, and issued loans worth E11 154 433. However, these savings and credit cooperatives also experienced a huge amount of outstanding loans, accumulating to E12 542 230 in 2014, and a significantly low level of penetration of 3.09 percent. The results of the study also showed that savings and credit cooperatives in Swaziland failed to meet international standards of financial sustainability set for cooperatives. The social performance indicators revealed that savings and credit cooperatives utilise occupation as the common bond. Their development goal is to improve financial access and eradicate poverty for their members, although the savings and credit cooperatives are modest in that they are established to target low-income and middle-income earners. The results also showed that the savings and credit cooperatives vary in terms of human resource policies and staff incentives. In addition, SACCOs were reluctant to invest in enterprise financing ventures and they also experienced low client retention. It also transpired from the results that the major challenges faced by financial cooperatives in Swaziland included low levels of skills and competition from commercial banks. Another major challenge that emerged from the results was the introduction of the Financial Service Regulatory Authority (FSRA), which has escalated the workload of savings and credit cooperative managers/clerks in preparing quarterly reports to be submitted. This has also brought about confusion within the savings and credit cooperative movement as they now report to two separate entities, the FSRA and the Commissioner of Cooperatives. Retirements and retrenchments comprised another major challenge cited by the respondents, as some of the SACCOs have lost their faithful members due to the ending of employment tenures, which has also influenced their client retention rate.
Download or read book American Book Publishing Record written by and published by . This book was released on 2002 with total page 2068 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Development Finance written by Ingo Tschach and published by Peter Lang Publishing. This book was released on 2002 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores the problem of credit market segmentation, a widesprea phenomenon in developming countries, within a theoretical frameowrk based on graphical analysis. It invetigates the causes and effects of this problem, and he impact of possible solutions. Credit market segmentation is an outgrowth of information-related problems and high transactioncosts in lending. It leads to segmentation in labour markets and also results in inefficient factor allocation and highly skewed income distribution patterns. A theoretical impact anaysis shows that microcredit programmes can eliminate the causes and effects of credit market segmentatinand the their impact is much broader than is usually assumed. thid book shudl be requied reading for everyone who is interested in microcredit. Contents: The Theoretical derivation of Credit Market Segmentation--The Impacts of Credit Market Segmentation---Approaches Taken by Successful Small Loan Programmes-impact Analysis of Small Loan Programmes: How They Affect Financial Markets, Labour Markets, Factor Allocation, Income Distributtion and growth.
Download or read book Takaful and Islamic Cooperative Finance written by S. Nazim Ali and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.
Download or read book Development Centre Studies Unlocking the Potential of Youth Entrepreneurship in Developing Countries From Subsistence to Performance written by OECD and published by OECD Publishing. This book was released on 2017-06-09 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demographic pressure and the youth bulge in the developing world pose a major employment challenge. This situation is exacerbated by insufficient job creation, scarce formal wage employment opportunities and vulnerability in the workplace.
Download or read book How should rural financial cooperatives be best organized Evidence from Ethiopia written by Abay, Kibrom A. and published by Intl Food Policy Res Inst. This book was released on 2017-01-27 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the optimal size and composition of Rural Financial Cooperatives (RFCs)? With this broad question in mind, we characterize alternative formation of RFCs and their implications in improving the access of rural households to financial services, including savings, credit, and insurance services. We find that some features of RFCs have varying implications for delivering various financial services. The size of RFCs is found to have a nonlinear relationship with the various financial services RFCs provide. We also show that compositional heterogeneity among members, including diversity in wealth, is associated with higher access to credit services, while this has little implication on households’ savings behavior. Similarly, social cohesion among members is strongly associated with higher access to financial services. These empirical descriptions suggest that the optimal size and composition of RFCs may vary across the domains of financial services they are designed to facilitate. This evidence provides suggestive insights on how to ensure financial inclusion among smallholders, a pressing agenda and priority of policy makers in developing countries, including Ethiopia. The results also provide some insights into rural microfinance operations which are striving to satisfy members’ demand for financial services.
Download or read book From Microfinance to Inclusive Finance written by R. H. Schmidt and published by John Wiley & Sons. This book was released on 2016-09-19 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once praised as a panacea to overcome poverty microfinance has had to face harsh criticism because of painful failures and unfulfilled expectations. Still many people in particular in rural regions do not have any access to formal financial services, many microfinance institutions are weak, and others rather exploit their clients driving them into over indebtedness than helping them out of poverty. What should microfinance achieve? Can it help to build up inclusive financial systems allowing access to basic financial services for everybody? The historic templates for this book are the German Sparkassen and Cooperative banks that have a strong track record of development and growth spanning over 200 years. For obvious reasons their results cannot be transferred directly into specific solution options to today's challenges in developing countries. Nevertheless the coming into existence of Sparkassen and Cooperative banks can well be seen as part of a period of revolutionary developments in the European economic and social landscape, which can be viewed as analogous to the transformation that emerging economies are undergoing today. While Europe faced dramatically changing living conditions during the period of industrialization these newly creatd banks made change possible by unequivocally including the lower class population in the transformationby providing access to savings and loans. And it is this is parallel - even in the face of the many differences - which is why their development and success deserves careful consideration today. The authors' approach differsfrom other explorations by specifically adopting an interdisciplinary strategy. They take into account past developments as well as current global ones from a historical, social science and economic point of view. Analysis and the interpretation of data is supported by case studies to illustrate their considerations. The authors identify general parameters both for failure and for success and also indicate how to optimize existing potentials - both for institutions and policy makers. As a result of this interdisciplinary work the authors advance an inclusive stylised facts based model. The will to build up institutions, to adhere to corporate social responsibility and creating conducive legal frameworks form the basic conditions for success. More specifically, the guiding principles of these successful business models are a fair savings and credit policy, the promotion of capital transfers without reference to class and gender, a focus on business activities in a well defined region, decentralized organizational structures combined with national networks which avoid regional capital drains and the securing of economies of scale and scope. Llast but not least is the centrality of objectives beyond that of the sheer maximisation of profits.
Download or read book Congressional Presentation written by United States. Agency for International Development and published by . This book was released on with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Rural Development written by and published by . This book was released on 1985 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Paraguay Project Paper written by and published by . This book was released on 1978 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
