CERTIFICATE

IMPACT FACTOR 2021

Subject Area

  • Life Sciences / Biology
  • Architecture / Building Management
  • Asian Studies
  • Business & Management
  • Chemistry
  • Computer Science
  • Economics & Finance
  • Engineering / Acoustics
  • Environmental Science
  • Agricultural Sciences
  • Pharmaceutical Sciences
  • General Sciences
  • Materials Science
  • Mathematics
  • Medicine
  • Nanotechnology & Nanoscience
  • Nonlinear Science
  • Chaos & Dynamical Systems
  • Physics
  • Social Sciences & Humanities

Why Us? >>

  • Open Access
  • Peer Reviewed
  • Rapid Publication
  • Life time hosting
  • Free promotion service
  • Free indexing service
  • More citations
  • Search engine friendly

Effects of kag sacco in improving the economic wellbeing of the clergy, members and department of kag gusii district of Kenya

Author: 
Eliud Nyakundi, Phillip Otieno, Peter .O. Nyabera
Subject Area: 
Social Sciences and Humanities
Abstract: 

Churches face challenges in paying their clergy and financing church projects. The transition from missionary support to self-reliance, self-propagating and self governance has seen many local churches face financial constraints. One of the ways of financial sustainability is through Savings and Credit Cooperative Societies (SACCOs.The main purpose of the study was to determine the effect of KAG-SACCO in raising the income of the clergy, members and churches in Gusii District of Kenya Assemblies of God Church. The study objectives were to: determine the sources of church funding in KAG-Gusii District, determine the level of saving in the KAG–SACCO, determine the amount of funds borrowed from KAG–SACCO by Gusii District, determine whether income has improved after investment used by money borrowed from KAG-SACCO and determine the default rate among those who have borrowed from KAG-SACCO. The population of the study was 74 members and six departments. Descriptive research design was used. The study use census sampling procedure. An open ended questionnaire was used for data collection. Descriptive statistics was used for data analysis. The study findings were; 99% churches in Gusii District depended on their tithe and offering for church funding while only 1% of the churches relied on KAG-SACCO for funding, the level of saving in KAG- SACCO in Gusii was low as evidenced by only 14 % of respondents with over 50,000kshs of share, only 17% of respondent had borrowed over khs 50,000 kshs as loan to make significant economic impact, only 10 % of respondent reported income increase while 26 % of respondents got more poorer and 62 % reported no improvement in income and about 59% of borrowers had defaulted on loan repayment. The study concluded that the KAG SACCO had not led to economic transformation of SACCO members. The members needed to save more shares to borrow more loans and there was need to educate members of KAG SACCO on investment opportunities with returns.

PDF file: 

CALL FOR PAPERS

 

ONLINE PAYPAL PAYMENT

IJMCE RECOMMENDATION

Advantages of IJCR

  • Rapid Publishing
  • Professional publishing practices
  • Indexing in leading database
  • High level of citation
  • High Qualitiy reader base
  • High level author suport

Plagiarism Detection

IJCR is following an instant policy on rejection those received papers with plagiarism rate of more than 20%. So, All of authors and contributors must check their papers before submission to making assurance of following our anti-plagiarism policies.

 

EDITORIAL BOARD

CHUDE NKIRU PATRICIA
Nigeria
Dr. Swamy KRM
India
Dr. Abdul Hannan A.M.S
Saudi Arabia.
Luai Farhan Zghair
Iraq
Hasan Ali Abed Al-Zu’bi
Jordanian
Fredrick OJIJA
Tanzanian
Firuza M. Tursunkhodjaeva
Uzbekistan
Faraz Ahmed Farooqi
Saudi Arabia
Eric Randy Reyes Politud
Philippines
Elsadig Gasoom FadelAlla Elbashir
Sudan
Eapen, Asha Sarah
United State
Dr.Arun Kumar A
India
Dr. Zafar Iqbal
Pakistan
Dr. SHAHERA S.PATEL
India
Dr. Ruchika Khanna
India
Dr. Recep TAS
Turkey
Dr. Rasha Ali Eldeeb
Egypt
Dr. Pralhad Kanhaiyalal Rahangdale
India
DR. PATRICK D. CERNA
Philippines
Dr. Nicolas Padilla- Raygoza
Mexico
Dr. Mustafa Y. G. Younis
Libiya
Dr. Muhammad shoaib Ahmedani
Saudi Arabia
DR. MUHAMMAD ISMAIL MOHMAND
United State
DR. MAHESH SHIVAJI CHAVAN
India
DR. M. ARUNA
India
Dr. Lim Gee Nee
Malaysia
Dr. Jatinder Pal Singh Chawla
India
DR. IRAM BOKHARI
Pakistan
Dr. FARHAT NAZ RAHMAN
Pakistan
Dr. Devendra kumar Gupta
India
Dr. ASHWANI KUMAR DUBEY
India
Dr. Ali Seidi
Iran
Dr. Achmad Choerudin
Indonesia
Dr Ashok Kumar Verma
India
Thi Mong Diep NGUYEN
France
Dr. Muhammad Akram
Pakistan
Dr. Imran Azad
Oman
Dr. Meenakshi Malik
India
Aseel Hadi Hamzah
Iraq
Anam Bhatti
Malaysia
Md. Amir Hossain
Bangladesh
Ahmet İPEKÇİ
Turkey
Mirzadi Gohari
Iran