CONTRIBUTION OF SAVING AND CREDIT COOPERATIVE SOCIETIES (SACCOS) ON THE SUSTAINABILITY GROWTH OF SMALL BUSINESSES IN RWANDA. CASE STUDY: SACCO DUKIRE KABARONDO (SADUKA)

Abstract

The general purpose of this study was the Contribution of saving and Credit Cooperative societies (SACCOs) on the Sustainability Growth of small businesses in Rwanda with the main focus on the SADUKA. The specific objectives of the study were to analyze the effect of saving services offered by SADUKA on sustainable Growth of small businesses. To assess the effect of loan services offered by SADUKA on Sustainable Growth of small businesses. To evaluate the effect of Advisory services offered by SADUKA on Sustainable Growth of small businesses The study population included the 70 employees of SADUKA and small business owners. The sample of 70participants have been investigated using questionnaires and interviews. The purpose of the study is to analyse the Contribution of saving and Credit Cooperative societies (SACCOs) on the Sustainability Growth (sustainable growth) of small businesses in Rwanda where the effect of saving services provided by SADUKA on growth of small business where mean=3.001 and Std.=1.154 stated that Small business owner’s income level has increased since you accessed Sacco’s Services, mean=3.200 and std.=0.843 revealed that they have managed to expand your business as a result of utilizing loans/advice, the mean=3.800 and std.=1.032 said that the SMEs’ owner’s savings have increased since you opened up an account with this Deposit taking institution, mean=2.800 and std.=0.674 said that Small business owners’ savings from these institutions have enabled you to send your children to school, with mean=3.100 and std.=.994 said that Small business earnings have increased as a result of advisory services provided by SADUKA.