The backbone of every Sacco is its members. The SACCO’s growth is paramount on the growth of its members too. Eagles Management Consultants partners with the SACCO leadership to train its members on some of the key areas for the individual growth such as the SACCO products, financial management, entrepreneurship and business management skills.
LEARNING OBJECTIVES
At the end of this training program, the Sacco members should be able to;
•Understand the different Sacco services offered
•Properly manage their financial incomes
•Create a budget plan and have a savings plan
•Identify areas of needs in the society, take risk and invest properly
•Develop and manage their own businesses
COURSE OUTLINE
MODULE I- SACCO SERVICES
•BOSA services
•FOSA services
•Deposits and shares
•Dividends
MODULE II- BUDGETING
•Members income
•Personal expenses
•Importance of having a budget
•Creating a budget
•Saving options
MODULE III- DEBT MANAGEMENT
•Sacco loan books
•Sacco loan products and interests
•Borrower responsibility
•Business loan taking
•Sacco loan default rates
MODULE IV- ENTREPRENEURSHIP SKILLS
•Opportunity realization
•Risk taking
•Self- assessment- small or large business owner?
•Business plan
•Executive summary
•SWOT analysis
MODULE V- BUSINESS PLANING AND MANAGEMENT
•Business description/strategy
•Marketing strategy
•Management and human resource
•Social responsibility services
•Taxation
•Financial forecast