dc.description.abstract | This research is based on the topic; Management composition and financial performance of
SACCOs. The researcher therefore aimed at assessing the relationship between management
members’ qualifications and the financial performance of SACCOs, the relationship between
management members’ experiences and the financial performance of SACCOs and the
relationship between management members’ skills and the financial performance of
SACCOs.
Financial performance of a SACCO greatly relies on its Management composition. The
financial performance is determined by the profitability, loan portfolios, quality of services
and technology, liquidity (solvency) ratios and the continuity (stability) of the SACCO.
Management composition involves qualifications, experiences and skills of the management
members which are necessary to decide how departments should interact, how resources
should be optimally used, prepare documents and reports, and planning and implementing
decisions.
Using Rukiga SACCO as a case study, the researcher used both qualitative and quantitative
data collection approaches, questionnaire and interviewing methods, primary and secondary
data sources and sampling methods to obtain reliable findings.
The study found out that with proper management members, Rukiga SACCO has been able
to serve members satisfactorily over the last ten years, attributed to its proper management
composition and hence recommends that more emphasis be put on this crucial requirement so
as to achieve even greater financial performance | en_US |