Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.

This research carried out was about the Cash Management and Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch. The objectives of the research included: analyzing the factors affecting cash Management in Rubindi Savings and Credit Cooperative Organization, exami...

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Main Authors: Akankwasa, Alex, Akakikunda, Teddy, Ntirandekura, Moses, Masiko, Caroline Murezi, Nyesigire, Jolly
Format: Article
Language:en_US
Published: Kabale University 2024
Subjects:
Online Access:http://hdl.handle.net/20.500.12493/1978
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author Akankwasa, Alex
Akakikunda, Teddy
Ntirandekura, Moses
Masiko, Caroline Murezi
Nyesigire, Jolly
author_facet Akankwasa, Alex
Akakikunda, Teddy
Ntirandekura, Moses
Masiko, Caroline Murezi
Nyesigire, Jolly
author_sort Akankwasa, Alex
collection KAB-DR
description This research carried out was about the Cash Management and Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch. The objectives of the research included: analyzing the factors affecting cash Management in Rubindi Savings and Credit Cooperative Organization, examining the challenges facing the organization, and finding out the effect of cash management on the financial performance of SACCO. The study used questionnaires and interviews as the methods for data collection. The study also established that cash management practices increase the flexibility and competitive advantage of an Organization, enabling it to take cash discounts. The findings showed that Cash management practices help SACCO to survive in uncertain environments and also influence forecasting the financial performance of these organizations. The managers of Savings and Credit Cooperative Organizations need to introduce better policies about cash management practices with the aim of boosting their liquidity and sustainability. The study recommended; introducing cash ratios, increasing deposits, recruitment of competent staff, maintaining liquidity and adopting a capital structure policy with the aim of facilitating decision-making and overall performance of the Savings and Credit Cooperative Organizations. The employees can facilitate further training in customer care management, loan appraisal, monitoring and assessment, and also financial management to assist the Savings and Credit Cooperative Organizations in realizing their goals and objectives.
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publisher Kabale University
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spelling oai:idr.kab.ac.ug:20.500.12493-19782024-04-12T00:00:25Z Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District. Akankwasa, Alex Akakikunda, Teddy Ntirandekura, Moses Masiko, Caroline Murezi Nyesigire, Jolly Cash Management Performance Financial Planning Credit Creation This research carried out was about the Cash Management and Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch. The objectives of the research included: analyzing the factors affecting cash Management in Rubindi Savings and Credit Cooperative Organization, examining the challenges facing the organization, and finding out the effect of cash management on the financial performance of SACCO. The study used questionnaires and interviews as the methods for data collection. The study also established that cash management practices increase the flexibility and competitive advantage of an Organization, enabling it to take cash discounts. The findings showed that Cash management practices help SACCO to survive in uncertain environments and also influence forecasting the financial performance of these organizations. The managers of Savings and Credit Cooperative Organizations need to introduce better policies about cash management practices with the aim of boosting their liquidity and sustainability. The study recommended; introducing cash ratios, increasing deposits, recruitment of competent staff, maintaining liquidity and adopting a capital structure policy with the aim of facilitating decision-making and overall performance of the Savings and Credit Cooperative Organizations. The employees can facilitate further training in customer care management, loan appraisal, monitoring and assessment, and also financial management to assist the Savings and Credit Cooperative Organizations in realizing their goals and objectives. 2024-04-11T10:56:27Z 2024-04-11T10:56:27Z 2024 Article Akankwasa, Alex et al. (2024). Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District. Kabale: Kabale University. http://hdl.handle.net/20.500.12493/1978 en_US application/pdf Kabale University
spellingShingle Cash Management
Performance
Financial Planning
Credit Creation
Akankwasa, Alex
Akakikunda, Teddy
Ntirandekura, Moses
Masiko, Caroline Murezi
Nyesigire, Jolly
Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.
title Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.
title_full Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.
title_fullStr Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.
title_full_unstemmed Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.
title_short Contribution of Cash Management practices on Performance of Ankole Farmers Savings and Credit Cooperative Organization Rubindi Branch-Mbarara District.
title_sort contribution of cash management practices on performance of ankole farmers savings and credit cooperative organization rubindi branch mbarara district
topic Cash Management
Performance
Financial Planning
Credit Creation
url http://hdl.handle.net/20.500.12493/1978
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