Establishment of Motorcycle Riders Savings and Credit Cooperative Society (SACCOS) in Butiama Ward,Mara

This project report concerns Establishment of Motor Cycle Rider SACCOs in Butiama District Mara region. The over role objective of this project was to increase the income level of house hold of the community in order to improve their livelihood, standard of living and eradicate poverty among its members. The problem has been caused by a number of factors including limited access to local capital financing, business training, and dependency syndrome. Cross sectional research design used in conducting the project. We used variety of research tools including questionnaires, focus group discussion, interviews and pair wise ranking matrix. Training was done to 55 members after negotiation with VETA to volunteer on training. We managed to secure motorcycle loan to 14 community members as a solution to self-employment to members repayable in one year time. Participatory approach was used to identify the key problem facing the community, how to implement the study in collaboration with the intended stakeholders. Participatory monitoring was also a key issue that mandated every member to be a watch dog to cooperatives activities. On sustainability point of view, it is assumed that Motorcycle riders Co operative will continue to work together with the District Council and the community members of the project in participation, owning the project as theirs in solving community income problems. Moreover the project in question is in line with the long-term policies of our government in improving the income for our communities. The project have already started, in near future could be expanded to other wards within the District in future as it has shown positive response.

Level dc:type.qualificationlevel

masters

Grantor dc:publisher.institution

The Open University of Tanzania

Year dc:date.issued

2014

Author dc:creator

• Mabula, Angeline Sylvester Lubala

• 330 Economics

Language dc:language

en