Lumatete Irine Nanzala


The objective of the study was to identify the effect of capital adequacy regulations on perfromance of Savings and Credit Cooperative Societies in Kakamega County, Kenya.The study was a descriptive study that sought to detail the effect of capital adequacy regulation on SACCOs.Setting. The study was carried out in Kakamega County. The population under study was the Front office Savings Activity, FOSA, operating SACCOs within Kakamega County whereby a census was taken of  these SACCOs operating within the county. Data collection was carried out by means of questionnaires and interviews with respondents being chosen randomly from within the SACCOs. From the results, many of  the study revealed a that the majority of respondents had a membership base greater than 8,000 members represented by 56.7 of the respondents. 23.3% had a membership of between 400 and 1,000 members, 16.7% had a membership of between 1,000 and 5,000 members, and a minority of 3.3% had membership of less than 400 members. At significance level of 0.05, there was significant correlation between ownership, public confidence, corporate governance and performance.

Keywords: Capital Adequacy regulations, Performance

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