Leadership Style, Government Regulations and Sustainability of Sacco Societies in Kenya. A Case Study of Harambee Sacco
Thiong’o Samuel Mungai, Nyaga G. Juster
Abstract
The study investigated the factors affecting sustainability of Sacco societies in Kenya with Harambee Sacco as the case study. The objectives of the study were to establish the effects of leadership style and government regulation on Sacco sustainability. The study adopted descriptive research design and used stratified random sampling procedure to select the sample population. The researcher targeted 140 respondents from Sacco membership where a sample size of 50% selected. The study found that both leadership style and government regulation affect Sacco society’s sustainability in Kenya. The study recommends that Saccos should adopt the best leadership style to give a good direction towards sustainability goal. In addition, the study recommends that Saccos should ensure extensive research is done on how to conform to the government regulation and the government should create favorable regulation for Saccos in Kenya.
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