Budget Implementation and Financial Performance of Savings and Credit Cooperative Organisations (SACCOs) in Mukono Municipality
| dc.contributor.author | Mable Namara | |
| dc.date.accessioned | 2025-10-23T16:15:58Z | |
| dc.date.available | 2025-10-23T16:15:58Z | |
| dc.date.issued | 2025-09-24 | |
| dc.description.abstract | This study examines how the implementation of the budget affects the financial performance of three Savings and Credit Cooperative Organizations (SACCOs) in Mukono Municipality, Uganda: Kisoboka, Kame Gheto, and Mukono-Kayunga. Establishing the effects of budget planning, approvals, and control on financial performance as determined by profitability, efficiency, and member trust was the aim of the study. A combination of quantitative and qualitative methods was used in a cross-sectional design. Out of a target sample of 103, information was gathered from 78 respondents (76% response rate) via questionnaires and interviews. These respondents included managers, board members, auditors, credit officers, finance officers, and SACCO members. Thematic analysis of the qualitative data was done in addition to correlation and regression analyses using SPSS version 20. In addition to thematic analysis of the qualitative data, SPSS version 20 was used for correlation and regression analyses. The results showed that budget planning (r = 0.712, p < 0.01), budget approvals (r = 0.645, p < 0.01), and budget control (r = 0.734, p < 0.01) were strongly positively correlated with financial success. Budget management had the largest impact (β = 0.398, p < 0.001), followed by budget planning (β = 0.312, p = 0.001) and budget approvals (β = 0.245, p = 0.010), according to the regression results, which showed significant effects. 62.4% of the variation in financial performance was explained by the model (R2 = 0.624). Although issues like optimistic estimations and approval delays still exist, qualitative evaluations showed that regular monitoring, timely approvals, and participatory budgeting improve efficiency and accountability. The study recommends that SACCOs adopt participatory budgeting, streamline approval processes, and strengthen control mechanisms through training and policy support. These findings contribute to the literature on SACCO financial management and provide practical insights for stakeholders to improve performance and sustainability. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/3025 | |
| dc.language.iso | en | |
| dc.publisher | Uganda Christian University | |
| dc.title | Budget Implementation and Financial Performance of Savings and Credit Cooperative Organisations (SACCOs) in Mukono Municipality | |
| dc.type | Thesis |