The critical determinants of saccos growth in tanzanias zanzibar

Abstract

The purpose of this study is to determine the critical determinants of SACCOs growth in Tanzania’s Zanzibar. Using disproportionate stratified sampling technique, the data was collected through questionnaires distributed from well-established institutions including SACCOs, microfinance institutions (MFIs) and Banks then analysed using SPSS. General findings of this study show that, there is significant relationship between source of funds and growth of SACCOs with a p-value of 0.02 (p < 0.05). Similarly, SACCOs working experience moderated the significant relationship between source of funds and growth of SACCOs. Finally, other controlling variables including Legal Frame work, Institutional Arrangement, Funds Management and SACCOs Innovation also have significant relationship with growth of SACCOs.