Data collected was analyzed using descriptive analysis tools processed by SPSS

Data collected was analyzed using descriptive

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obtained through administration of questionnaires to the target population. Data collected was analyzed using descriptive analysis tools, processed by SPSS and information generated was presented in form of frequency tables and graphs. Internal politics were found to be determinants of improved growth of SACCOs. The study concludes that ICTs provides reliable access to markets. ICT allows reduction in transactions costs, improved access to timely and usable knowledge, improved communications with markets and within supply chain, acquisition of appropriate skills for enhancement of productivity and improved information about new opportunities. The study recommends that the SACCOs should put in place measures to safeguard the independence and effectiveness of all members. The study recommends cooperatives to maintain a large volume of member transactions. New credit products such as microfinance loans, instant loans and long term loans should be offered. Saccos should consolidate the co-operatives customer base and diversify through product innovation to serve other sectors of the economy.
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vi TABLE OF CONTENTS DECLARATION……………………………………………………………………… ii ACKNOWLEDGEMENTS ....................................................................................... iii DEDICATION .......................................................................................................... iv ABSTRACT ............................................................................................................... v TABLE OF CONTENT………………………………………………………………VI LIST OF TABLES…………………………………………………………………...VII LIST OF FIGURES………………………………………………………………...VIII CHAPTER ON E ..................................................................................................... xii 1.0 Intr odu ction ......................................................................................................... 1 1.1 Background Information ....................................................................................... 1 1.1.2 History of Savings and Credit Co-Operatives Globally ....................................... 2 1.1.3 History of Savings and Credit Co-Operatives in Africa ...................................... 2 1.1.4 Background of Savings and Credit Co-operative Societies in Kenya .................. 3 1.1.5 Regulatory Framework of Kenyan SACCOs ...................................................... 4 1.2 Statement Of The Problem .................................................................................... 5 1.3 Objectives of the Study .......................................................................................... 6 1.3.1 General Objective .............................................................................................. 6 1.3.2 Specific Objectives ............................................................................................ 6 1.4 Research Questions ............................................................................................... 6 1.5 Justification of the Study ....................................................................................... 6 1.6 Scope .................................................................................................................... 7 CHAPTER TWO ...................................................................................................... 9 LITERATURE REVIEW ......................................................................................... 9 2.1 Introduction ........................................................................................................ 9 2.2 Theoretical Review ............................................................................................... 9 2.2.1 Growth of Sacco`s ............................................................................................. 9 2.2.3 Concept of Participation ................................................................................... 12 2.2.4 Political interference as factor influence growth of saccos in kenya ................. 16 2.2.5 Technology adoption as factor influencing growth of saccos ......................... 19 2.3 Summary ............................................................................................................ 23 2.4 Research Gaps .................................................................................................... 24 2.5 Conceptual Framework ....................................................................................... 24 CHAPTER THREE .................................................................................................. 27
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vii RESEARCH METHODOLOGY .............................................................................. 27 3.1 Introduction ........................................................................................................ 27 3.2 Research Design ................................................................................................. 27 3.3 Target population ................................................................................................ 28 3.4 Sample and Sampling Technique ........................................................................ 28 Table 3.1 sample size ................................................................................................ 29 The total sample size of the study was 35 respondents. ............................................. 29 3.5 Data Collection Instruments ................................................................................ 29 3.6 Validity and reliability ........................................................................................ 29 3.7 Data Processing and Analysis ............................................................................. 30 CHAPTER FOUR .................................................................................................... 31 DATA NALYSIS AND PRESENTATION .............................................................. 31 4.0 Response Rate .................................................................................................... 31 4.1 Demographic Findings ........................................................................................ 31 4.1.1 gender .............................................................................................................. 31 4.1.2 Position Held ................................................................................................... 32 4.1.3 Type of Sacco Society ...................................................................................... 32 4.2 Influence of management skill on growth of saccos ............................................ 33 4.3 Influence of members participation on growth of saccos .................................... 35 4.4 Political interference influence the growth of saccos ......................................... 36 4.5 Influence of technology adoption on the growth of saccos ................................... 38 4.5.1 Influence of technology adoption on the growth of saccos
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