Leadership and governance of SACCOS

Principles for successful SACCOS

Microfinance towards Poverty reduction

Bookkeeping and Accounting for SACCOS

• Legal and organizational structure of SACCOS
• Principles of good governance
• Board responsibilities
• Management and Staff
• Team work
• Performance Measurement and Evaluation
• Measuring effective governance

• Understand the basic principles on which microfinance is organized

• Microfinance models and characteristics

• Designing a microfinance programme - client identification, product design, information systems, human resource and financing

• Member rights and obligations

• Causes and effects of poverty

• The visual cycle of poverty

• Microfinance services for poverty reduction

• Introduction to accounting – definitions, key principles and applicability to SACCOS

• Basics: Debit, Credit, the Chart of accounts and the Accounting Cycle

  • Treatment of Interest, Equity etc.
  • Specific microfinance accounting issues

   

• Financial statements, portfolio report – overview

• Recording and summarizing transactions