Risk Management Systems in Savings and Credit Co-operatives Within Nairobi County, Kenya

Abstract

The research on risk management systems in savings and credit cooperatives in Nairobi County, Kenya, was informed by the fact that many SACCO societies are not active due to closer of business operations. This inactivity of SACCO societies led to the question whether it could be as result of inadequate risk management systems. This research had two objectives, namely; to determine the efficiency of risk managements systems within savings and credit Co-operatives and to enhance effective operations within savings and credit Co-operatives in Nairobi County, Kenya. The researcher collected primary data from a purposefully selected sample of target population and analysed the data with the help of statistical tools such as mean, frequency, mode, percentages and micro-softy excel computer package for presentation of the findings. The researcher found out that there was a gap in risk management systems in savings and credit cooperatives which had immensely contributed to the closer of SACCO business operations within Nairobi County, Kenya.