Written Exam for Kefeta Youth SACCO Manager (60%)

Time allocated: 1: 00 hour

1. Ms. Mahilet Alemu borrowed 100,000 birr from kefeta youth SACCO to start new business
with 12% interest rate for six month. (10 point)
▪ Calculate the principal and interest amount that she has to pay for each month
based on simple interest declining method.
2. Why do SACCOs prefer to use simple declining method than compound interest method
to calculate loan interest? Explain (5 points)
3. In Ethiopia there are successful SACCOs as well as poorly performing SACCOs. What do
you think are the major factors that makes SACCOs successful? (10 points)
4. What do you think are the major challenges of organizing and managing Youth SACCOs?
And what do you suggest to overcome the challenges? (5 points)
5. What marketing and promotion strategies are you going to use to increase SACCO
members and saving from members? (10 point)
6. List and briefly explain the different types of collateral that the SACCOs are using to give
loan to members. (5 points)
7. How do you resolve conflicts raised among SACCO staffs and committee members in the
Workplace? (10 points)
8. Describe briefly the similarity and difference between Bank, Microfinance and SACCO (5
point)

GOOD LUCK!

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 Written Exam for Kefeta Youth SACCO Accountant, Junior accountant and Casheir and
Saving mobilization and loan officer (60%)
Time allocated: 1: 00 hour
1. Ms. Hanna Abebe borrowed 60,000 birr from kefeta youth SACCO to start new business with
10% interest rate for six months. (10 point)
▪ Calculate the principal and interest amount that she has to pay for each month
based on simple interest using declining method.
2. List and briefly explain the different types of collateral that the SACCOs are using to give loan
to members. (8 points)
3. What marketing and promotion strategies are you going to use to increase SACCO members
and mobilize saving from members? (10 point)
4. Do you think that establishment of youth SACCOs is important? If yes why? If no, why? (6
point)
5. List major financial documents that a SACCOs needs to have? (8 point)
6. Do you think that SACCO auditing is important? If yes, why (5 point)?
7. Describe briefly the similarity and difference between Bank, Microfinance and SACCO (5
point)
8. What do you think members should fulfill to take loan from a SACCO? (8 points)

GOOD LUCK!

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