International Journal of Scientific and Research Publications

IJSRP, Volume 5, Issue 6, June 2015 Edition [ISSN 2250-3153]


ROLE PLAYED BY SACCOS IN FINANCIAL INTERMEDIATION IN THE IMPROVEMENT OF THE WELFARE OF MEMBERS, A CASE STUDY OF FUNDILIMA SACCO
      Nickson Muhaya Kadagi, Dr. Anwar Hood Ahmed and Moses Kimani Wafula
Abstract: Financial intermediation is an exciting field in the demand and supply of funds for investment, liquidity and consumption purposes. Through financial intermediation economic growth occurs and the improvement of the welfare improves: Funds are routed from the savers to borrowers who use the funds in most profitable economic activities (King and Levine 1993).The cooperative movement has been in existence since pre-independence times, they have been touted as the major ways of economic empowerment and poverty reduction. The growth of Saccos has been tremendous and thus they are now in the vision 2030 blueprint as one of the mobilizes of savings and investments.

Reference this Research Paper (copy & paste below code):

Nickson Muhaya Kadagi, Dr. Anwar Hood Ahmed and Moses Kimani Wafula (2018); ROLE PLAYED BY SACCOS IN FINANCIAL INTERMEDIATION IN THE IMPROVEMENT OF THE WELFARE OF MEMBERS, A CASE STUDY OF FUNDILIMA SACCO; Int J Sci Res Publ 5(6) (ISSN: 2250-3153). http://www.ijsrp.org/research-paper-0615.php?rp=P424229
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