Impact Of Village's Savings And Loans Association On People's Welfare Case Study Lapul Subcounty, Pader District Uganda

TABLE OF CONTENT

DECLARATION I

APPROVAL

DEDICATION

ACKNOWLEDGEMENT

LIST OF TABLES ix

LISTS OF ACRONYMS x

ABSTRACT

CHAPTER ONE 1

1.0 INTRODUCTION 1

1.1 Background 1

1.1.1 Historical perspective 1

1.1.2 Theoretical perspective 2

I . 1 .3 Conceptual perspective 3

I . I .4 Contextual perspective 4

1.2 Statement of the Problem 5

1:3 Objectives of the Study 5

1.3.1 Main objective

1.3.2 Specific objectives s

1 .4 Research questions 5

1.5.0 Scope of the study 6

1.5.1 Content scope 6

1.5.2 Geographical scope 6

1.5.3Timescope 6

1.6 Significance of the study 6

CHAPTER TWO: LITERATURE REVIEW 7

2.0 Introduction 7

2.1 Theoretical Review 7

2.2 Conceptual Framework 8

2.2.1 Related literature 8

CHAPTER THREE: METHODOLOGY 12

3.0 INTRODUCTION 12

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3.1 Research design .12

3.2 study population 12

3.3 Sample size 12

3.3.3 Sampling procedure 12

3.4 Data Sources 12

3.5. Primary sources 13

3.5.1 Secondary sources 13

3.4 Sampling selection procedure 13

3.6 Data collection instruments’ 13

3.6.1 Questionnaire 13

3.6.2 Interviews 14

3.6.3 Focus group discussion 14

3.6.4 Observation 14

3.7 Quality Control 14

3.8 Data Processing, presentation and analysis procedures 15

3.8.1 Data Processing’ 15

3.8.2 Data Presentation’ 15

3.8.3 Data Analysis’ 15

3.9 Ethical Considerations 15

3.9 Limitations of the study is

CHAPTER FOUR: PRESENTATION, INTERPRETATION AND ANALYSIS OF DATA ...17

4.0 Introduction 17

4.1 Gender distribution of the respondents 17

Table 1: shows the sex/gender of the respondents 17

Table 2: age Distribution of respondents 18

Table 4.3: shows the religion of the respondents 19

Table 4.4: Education level of the respondents 19

Fig 4.5: A pie chart showing respondent’s occupation 20

Table 4.6: shows marital status of the respondents 21

Table 4.7: shows the duration taken in VSLA 21

Table 4.8: a bar graph showing the use of payout from VSLA 22

Table 4.9: shows the availability of schools in the sub county 22

VII

Table 4.10: daily expenses of the household .23

Table 4.11: number of meals taken per day in a home 23

Table 4:12. Availability of health facility in the area 24

Table 4:12. Challenges faced in VSLA operation 24

CHAPTER FIVE~ 26

DISCUSSIONS OF FINDfNGS, CONCLUTIONS AND RECOMMENDATIONS 26

5.0 Introduction 26

5.1 Summary of major findings 26

5.1.2 Demography result 26

5.1.3 Results on the contribution of VSLA scheme on household’s education 27

5.2 CONCLUSION 28

5.3.0 RECOMMENDATIONS 28

AREAS FOR FUTURE RESEARCH 30

REFERENCES 31

APPENDICES 33

RESEARCH INSTRUMENT 33

QUESTIONAIRE 33

APPENDIX 2 37

TIME SCHEDULE 37

APPENDIX 3 38

BUDGET FOR RESEARCH 38

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ABSTRACT The study was conducted in Lapul sub county, pader district Northern Uganda under the topic

“impact of village savings and loans association on the rural household welfare. The research

considered a population of 80 people out of which a sample size of 70 respondents was equally

selected from the total population to give them an equal opportunity to participate in the study.

The study had three major objectives which were; to evaluate the contribution of VSLA on

household’s education, measure the impact of VSLA on rural household assets, and to assess the

attribute of VSLA on nutrition and health.The data collection was through self- administered

questionnaires and interview and equal chances was given to all the members of the SACCOs to

participate in the impact study. With the help of simple random sampling techniques statistical

package used for analysis was SPSS and the results were presented in form of tables, pie charts

and graphs.The key findings of the study are as follow: the average monthly income of the old

VSLA participants is statistically significantly different from and larger than those of members

who are not operating the cycle, further evidence from the research showed that there is a

positive and significant relationship between participation in VSLAs and household asset

accumulation. Considering education, the mean education expenditure of VSLA participants was

found to be drastically different from and larger than those of the non VSLA participants. The

results also show that participation in VSLAs significantly reduces the probability of having

school drop — out children in the family.

A VSLA is a time-bound accumulating savings and credit association (ASCA). In it, 15 to 30

people save regularly and borrow from the group fund. Loans are repaid with interest, and have a

period usually between one and three months. On a date chosen by the members, usually after

about a year, all the financial assets are divided among the members in proportion to each one’s

savings. This payout is called the “action audit”. The groups normally re-form immediately and

start a new cycle of savings and lending.

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