Abstract:
The study examined SACCOs contribution onto the growth of the women food vendors
business. Specific objectives of the study were to examine types of services offered in the
SACCOs, assess the contribution of services to the growth of women food vendors, to
examine the relationship between the SACCOs services and the growth of women food
vendors and to examine challenges facing women food vendors in accessing loan from the
SACCOs. A case study design was used whereby n total of 97 respondents were involved in
the study from Faraja and Mafinga SACCOS in Mufindi town. Data were collected using
questionnaire, interview and documentary reviews, data were analyzed using descriptive
statistics, gross margin analysis. prior and after analysis, regression analysis and Chi-square.
study founded that SACCOS provided services like loan, saving and training and those
services have contributed much to the growth of women rood vendors business, the findings
showed that loan and training had significant contribution to growth of women rood vendors
business. Furthermore, it was round that there were statistical relationship between
SACCOs’ services and growth of women food vendors as the P-value <O.05. The study also
round that interest rate, lack or collateral und long process or acquiring loan were the
challenges racing women food vendors in accessing loan from SACCOs. The study
concluded that SACCOs had positive impact on the growth of women food vendors due to
the fact that after joining SACCOstheir profit and capital also grew compared to the situation
before joining the SACCOs. The study recommends that SACCOs should design u
mechanism to build their own lending capacity in order to improve their interest rate without
depending from external funds.
