Proposal

jomo kenyatta university of agriculture and technology

institute of computer science and information technology

mathematics and informatics department

BSC.information technology

RESEARCH PROPOSAL

ANALYSIS OF THE IMPACT OF THE NEW SACCO REGULATIONS TO SACCOS IN KENYA

BY

JTC-BIT-0120/2010

ESTHER WAHU GAITHUMA

SUBMITTED TO:

LECTURER ANTONY ODHIAMBO

This is a management research paper submitted in partial fulfillment of the required course work for the Bachelor of Information Technology degree at the Jomo Kenyatta University of Agriculture and Technology.

TABLE OF CONTENTS

1.0 INTRODUCTION 4

1.1 Background 4

1.1.1 General overview 4

1.1.2 SACCOs in Kenya 4

1.1.3 SACCOs regulations prior to 2008 6

1.1.4 New regulations 7

1.2 Problem Statement 8

1.3 Research Objectives 9

1.4 Importance and Justification of the study 10

1.5 The scope of the study 10

2.0 LITERATURE REVIEW 11

2.1 Theoretical Literature 11

2.2 Empirical Literature 12

ABBREVIATIONS

SACCO- Savings and Credit Cooperative

SASRA- SACCO Societies Regulatory Authority

FOSA- Front Office Service Activity

ICA- International Cooperative Alliance

ILO- International Labor Organization

WOCCU- World Council of Credit Unions

KNFC- Kenya National Federation of Cooperatives

KUSCCO- Kenya Union of Savings and Credit Cooperatives

NACO- National Cooperative Organization

GDP- Gross Domestic Product

CHAPTER ONE

1.0 INTRODUCTION

1.1 Background

1.1.1 General overview

Savings and Credit Cooperatives (SACCOs) are associations of people who share a common interest geared at improving their economic, social and cultural livelihoods. They provide financial services to those excluded by other financial institutions,...