Browsing by Author "Nuwagaba Modern"

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    Risk Management Practices And Rural Development; A Case Study Of Kibatsi Sacco Ltd In Ntungamo District.
    (Uganda Christian University, 2025-10-06) Nuwagaba Modern
    Abstract The study investigated the relationship between risk management practices and rural development, focusing on KIBATSI SACCO Ltd in Ntungamo District. The objectives of the study were: to investigate the role of risk management practices on member satisfaction, to establish the effect of financial literacy programs on member participation, and to examine the relationship between risk management and rural development. A cross-sectional survey design was employed, utilizing both quantitative and qualitative data from a sample of 80 respondents, including SACCO staff and members. Findings revealed that risk management policies significantly enhance member satisfaction by fostering a sense of financial security and trust. However, gaps remain in staff training and policy clarity, limiting the full impact of risk frameworks. The study also found that financial literacy programs positively influenced member behavior, improving financial decision-making, savings discipline, and participation in meetings. Nonetheless, the complexity of training materials poses a barrier to full comprehension, particularly among members with lower educational backgrounds. Furthermore, while many respondents linked risk practices to increased investment confidence, only a few recognized their broader contribution to rural economic development, indicating a lack of awareness and strategic integration. The study concludes that effective risk management and financial education are crucial to building a resilient and inclusive SACCO system that supports rural transformation. It recommends strengthening staff capacity in risk management, simplifying training content for better accessibility, and aligning SACCO risk strategies with rural development goals to promote sustainable livelihoods and community growth.