Are Sacco’s Doing Enough in as Far as Reducing Poverty among Their Members in Selected Districts in Greater Bushenyi

Daphin Nahikiriza

doi:10.36948/ijfmr.2025.v07i06.56991

Are Sacco’s Doing Enough in as Far as Reducing Poverty among Their Members in Selected Districts in Greater Bushenyi

Author(s)	Dr. Daphin Nahikiriza
Country	Uganda
Abstract	The study examined the role of SACCOs in poverty reduction. The aim of the study was categorically to; establish as to whether SACCO’S are doing enough in as far as reducing poverty among their members in selected Districts in Greater Bushenyi is concerned. A cross-sectional design was used. Qualitative research approach was employed. The Key informants were selected from Sacco’s Management and leadership resource persons who provided the qualitative data. Purposive sampling was used to select the 19 Key Informants from 250 Sacco’s Management and leadership. A key informant interview guide was used to obtain the data from the SACCO members and the Key Informants respectively. The findings revealed that both financial and non-financial services reduce poverty. The findings revealed that SACCOs are applauded as doing enough in as far as reducing poverty among their members is concerned drawing from financial literacy training and entrepreneurship skilling training services to their members. The findings revealed that for each additional increase in overall rigour of financial services (credit services and saving services), poverty reduction among the Sacco members in Greater Bushenyi was likely to get an average increase of 0.683 units in their poverty reduction (β =0.683, p = <0.000); overall increase in rigour of non-financial services leads to a higher likelihood of poverty reduction among the SACCO members in Greater Bushenyi.
Keywords	SACCOS , POVERTY REDUCTION
Field	Arts
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-19
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.56991

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Are Sacco’s Doing Enough in as Far as Reducing Poverty among Their Members in Selected Districts in Greater Bushenyi

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