International Journal of Statistics and Applied Mathematics
2018, Vol. 3, Issue 6, Part B
Statistical analysis of outreach and financial sustainability of kifanya Saccos limited in NjombeAuthor(s):
KK Saxena and Guntram M WagofyaAbstract:
The main objective of this paper is to review financial performance of Kifanya SACCOS Limited, Tanzania, through its outreach and financial sustainability. Outreach was assessed by analyzing historical data on the number of clients who are offered financial services together with the growth of the working capital for the period starting with the year 2003 up to 2017. While financial sustainability was assessed by investigating the trend of loan borrowing and its repayment. Financial sustainability of the SACCOS through lending, was analysed using yearly data on loan borrowing and its repayment by computing the operational self-sufficiency (OSS) indices for the period starting 2004 through 2017.
The results of the study had shown that the performance of the SACCOS is good in terms of breadth outreach as it is reaching many rural dwellers who have no access to formal financial services. Although the sustainability indexes has shown that there has been a positive trend showing that the SACCOS has moved toward gaining sustainability in its role of financial intermediation as the sustainability index grows towards 1.Pages: 119-123 | Views: 360 | Downloads: 11Download Full Article: Click Here
How to cite this article:
KK Saxena and Guntram M Wagofya. Statistical analysis of outreach and financial sustainability of kifanya Saccos limited in Njombe. International Journal of Statistics and Applied Mathematics. 2018; 3(6): 119-123.