Abstract:
Good and poor performing Savings and Credit Co-operative Socities (SACCOS) exist in Tanzania
Such existence results into having SACCOS which are doing well and others which are not doing
well in terms of performance. The apparatus or tool for measuring the performance of SACCOS by
stakeholders of SACCOS remains inadequately established. That was a knowledge pap on which
the collected data for this paper focused on. The paper was intended to establish SACCOSMETER
(SM) for SACCOS. The SM is an apparatus or tool which can be used by members, board members,
management and other stakeholders to measure performance of SACCOS. The specific objectives
were to develop SM and demonstrate application of SM by stakeholders of SACCOS. Primary data
were collected using a questionnaire which was administered to SACCOS selected through stratified
random sampling. Descriptive statistics and bin regression were used to establish SM of SACCOS.
This was through enabling the author to establish fourteen performance indicators of SACCOS. The
possession of the performance indicators were such that 50% of overall sampled SACCOS scored
more than 70% or less on performance indicators and therefore they were good performers of
SACCOS. Other SACCOS 50% of the overall sample SACCOS scored 70% or less on performance
indicators and they were therefore not yet good (poor) performers. It is argued that SM of SACCOS
should be developed, availed, maintained and applied by the stakeholders of SACCOS in order to
have increasing performance of SACCOS in Tanzania. The increase in performance will cause
emanation of relevant intervention to SACCOS' performance.
