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- W4386261330 abstract "Saving and credit cooperatives play a great role in the livelihood of rural communities. Yet their role varies across cooperatives and places. Thus, the objective of this study was to assess the impacts of saving and credit cooperatives in improving the livelihoods of its members’ in Elfeta district. The study employed descriptive research design, and both primary and secondary data were collected. Primary data were collected from 146 members through scheduled interview and 3 key informant interviews. The result of the study indicated that the major source of livelihoods of respondents was agriculture alone (i.e.,62.32%). The cooperative in the study area were established mainly for delivering credit services to its members’, with the role of poverty reduction followed by employment creation. The study also indicated that saving and credit cooperatives were facing lack of awareness and knowledge, lack of access to credit facilities and poor management as major challenges hindering their role in poverty alleviation. Therefore, the government and the other financial sectors should provide support to cooperatives, which could allow them to expand and diversify their business operations." @default.
- W4386261330 created "2023-08-30" @default.
- W4386261330 creator A5051292276 @default.
- W4386261330 date "2023-01-03" @default.
- W4386261330 modified "2023-10-06" @default.
- W4386261330 title "Impacts of saving and credit cooperatives in sustaining the livelihoods of its members in Elfeta Woreda, Oromia Region, Ethiopia" @default.
- W4386261330 doi "https://doi.org/10.4314/erjssh.v9i2.7" @default.
- W4386261330 hasPublicationYear "2023" @default.
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