Measuring Key parameters that

drive SACCO performance

Baboucarr O Joof – ICUDE, ADE
General Manager, GTUCCU
Gambia
 What does performance mean to
us?
•
• the act of performing; execution,
accomplishment, fulfillment, etc.
• operation or functioning, usually with regard
to effectiveness, as of a machine
• something done or performed; deed or feat
– a formal exhibition or presentation before an
audience, as a play, musical program, etc.; show
– one's part in this
 Operating Principles of SACCOs
• Member Owned
• Member Controlled
• Democratic Control
• Financial Inclusion /Non discrimination
• Financial Sustainability
• Maximizing Member Economic Benefit/Service to
Members
• Financial Literacy / Education to Members
• Cooperation among Cooperatives
• .Community Responsibility
 Key parameters of SACCO
performance

• Institutional factors

• Governance factors

• Environmental factors

• Financial
 Data management
• Innovation in Gambia-joint platforms
 Inclusiveness
• Do we have products and services for evry
generation, religion, gender?
 Innovation
• How relevant are the products and services
we offer?
Youth engagement
 Gender mainstreaming
• Are we equal before the SACCO?
 Talent management
• Do SACCOs have the right talent, if yes, are
capable of retaining it?
 Governance factors
• Efficient Board
Efficient management team
Efficient policies
Proper strategies
 Financial factors affecting SACCO
Performance by Jeremiah Mugo
• Misappropriation of funds
• Investment decisions
• Loan delinquency / default
• Withdrawals
• Product quality and variety
• Capital inadequacy
• Illiquidity
• Earnings
Misappropriation of funds
Investment decisions
Withdrawal of savings
Product quality and variety
Capital adequacy
Loan delinquency/default
 Environmental

• Country economics

• Regulation

• Image

• Market forces
 Why does SACCO performance
matter?
• Growth
– Membership
– Savings
– Capital/liquidity
• Stability
– Product
– services
POPULATION OF AFRICA
 NUMBER OF SACCOs
25,000

y = 7128x + 1328.3
21,724
20,000

17,561 y = 5394x + 300.33

15,000
15,256
13,541

10,000

7,468
5,000
4,468

-
2005 2010 2016
SACCOs 7,468 17,561 21,724
SACCOs ( Excl KE) 4,468 13,541 15,256
 MEMBERSHIP IN AFRICA
25,000,000
23,248,774

20,000,000

17,081,280 16,976,697

15,000,000
13,162,790

10,000,000 9,602,714

6,894,398

5,000,000

-
2005 2010 2016
MEMBERSHIP 9,602,714 17,081,280 23,248,774
MEMBERSHIP ( Excl KE) 6,894,398 13,162,790 16,976,697
 Conclusion
•