Might SACCOs be tribally managed successfully
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Publication Date
2011Author
Ondoro, Charles O
Ndichu, Mr Peter
Aila, Fredrick A
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Show full item recordAbstract/ Overview
Savings and co-operative societies (SACCO) serve as an economic cushion for employees'
social welfare, however members bear the brunt of huge losses caused by mismanagement
despite the set out regulations and guidelines. This paper set out to investigate tribal
management within the Equabo Sacco, Kisumu, Kenya. Production and sales tribe are
dominant within Equabo SACCO, where production has the lion share especially in the
central management committee (CMC) and it is characterized by stability and strong saving
culture. Sales tribe on the other hand is highly fluidic and dynamic but does not possess
critical mass therefore occupy CMC through affirmative action. One tribe that can access the
information for all tribal members and play a transitory role between the extremes of other
tribes and also a link between bottler management and the CMC is the…