IDEAS home Printed from https://ideas.repec.org/a/sae/vision/v27y2023i3p397-409.html

Governance and Management of a Savings and Credit Cooperative: The Successful Example of a Haitian SACCO

Author

Listed:
  • Nabil Messabia
  • Edouich Beauvoir
  • Chokri Kooli

Abstract

This research aims to understand the different success factors of a savings and credit cooperative (SACCO) through the study of the managerial dimensions and its style of governance. Semi-directed interviews were conducted with three directors who are founding members of the Haitian ‘MEN ALE MEN VINI (MAMEV)’ cooperative. NVIVO version 11 software was used as a tool for coding and data analysis. The interviews concluded that the success of the cooperative is linked to the personal attributes of the various directors, effective management, good governance and an efficient decision-making system. This research also showed that the success of cooperatives is partly related to the notoriety, leadership, willingness and level of commitment of its directors. It is also related to the good governance manifested in the participatory management and decision-making, the transparency of the organization and the quality of the work of the cooperatives. Also, the research has shown that anchoring the cooperative in the community, bringing the population closer to the cooperative and offering services adapted to the community’s needs have a positive influence on the membership and make the cooperative more sustainable. Finally, the research showed that the adoption of an effective governance mode helped to ensure the sustainability, viability, modernity, efficiency and social, financial and economic soundness of the cooperative. The experience of this SACCO not only helped the members to counteract the myth of incapacity that prevailed in Haitian community at the time but also improved the living conditions of the members as well as those of community members. The research provides a novel contribution to the resilient and sustainable model of governing and managing SACCOs. It also presents a new model of the Success Keys of SACCOs.

Suggested Citation

  • Nabil Messabia & Edouich Beauvoir & Chokri Kooli, 2023. "Governance and Management of a Savings and Credit Cooperative: The Successful Example of a Haitian SACCO," Vision, , vol. 27(3), pages 397-409, June.
    • Handle: RePEc:sae:vision:v:27:y:2023:i:3:p:397-409
    DOI: 10.1177/09722629221074130
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/09722629221074130
    Download Restriction: no
    File URL: https://libkey.io/10.1177/09722629221074130?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Huppi, Monika & Feder, Gershon, 1990. "The Role of Groups and Credit Cooperatives in Rural Lending," The World Bank Research Observer, World Bank, vol. 5(2), pages 187-204, July.
    2. Nigussie, Zerihun & Tsunekawa, Atsushi & Haregeweyn, Nigussie & Adgo, Enyew & Cochrane, Logan & Floquet, Anne & Abele, Steffen, 2018. "Applying Ostrom’s institutional analysis and development framework to soil and water conservation activities in north-western Ethiopia," Land Use Policy, Elsevier, vol. 71(C), pages 1-10.
    3. Nyankomo Marwa & Meshach Aziakpono, 2015. "Financial sustainability of Tanzanian saving and credit cooperatives," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 42(10), pages 870-887, October.
    4. Mathuva, David Mutua & Kiweu, Josephat Mboya, 2016. "Cooperative social and environmental disclosure and financial performance of savings and credit cooperatives in Kenya," Advances in accounting, Elsevier, vol. 35(C), pages 197-206.
    5. Isabelle Allemand & Bénédicte Brullebaut, 2010. "Comparaison des pratiques de gouvernance dans les banques françaises," Revue française de gestion, Lavoisier, vol. 0(8), pages 15-28.
    6. repec:rza:wpaper:529 is not listed on IDEAS
    7. Kooli, Chokri, 2019. "Governing and managing higher education institutions: The quality audit contributions," Evaluation and Program Planning, Elsevier, vol. 77(C).
    8. Christine Oliver, 1997. "Sustainable competitive advantage: combining institutional and resource‐based views," Strategic Management Journal, Wiley Blackwell, vol. 18(9), pages 697-713, October.
    9. Nyankomo Marwa & Meshach Aziakpono, 2015. "Financial sustainability of Tanzanian saving and credit cooperatives," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 42(10), pages 870-887, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ronald Tugume & John Kule Baguma & Benjamin Musiita, 2025. "Managerial Competency and Profitability of Village Savings and Loan Associations in Mitooma District," Journal of Social and Development Sciences, AMH International, vol. 15(1), pages 47-59.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rabecca Nundu Mutua & Ambrose Jagongo, Dr. & Eddie Simiyu, Dr., 2020. "Financial Outreach And Financial Sustainability Of Licensed Deposit Taking Microfinance Institutions In Nairobi City County, Kenya," International Journal of Finance and Accounting, IPRJB, vol. 5(2), pages 69-94.
    2. Doddy Ariefianto, Moch. & Trinugroho, Irwan & Yustika, Ahmad Erani, 2024. "Diversification, capital buffer, ownership and credit risk management in microfinance: An investigation on Indonesian rural banks," Research in International Business and Finance, Elsevier, vol. 69(C).
    3. María Jesús Segovia‐Vargas & I. Marta Miranda‐García & Freddy Alejandro Oquendo‐Torres, 2023. "Sustainable finance: The role of savings and credit cooperatives in Ecuador," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(3), pages 951-980, September.
    4. Michael Takudzwa Pasara & Albert Makochekanwa & Steven Henry Dunga, 2021. "The Role of Savings and Credit Cooperatives (SACCOs) on Financial Inclusion in Zimbabwe," Eurasian Journal of Business and Management, Eurasian Publications, vol. 9(1), pages 47-60.
    5. Najda Hayajneh & Taghrid Suifan & Bader Yousef Obeidat & Mohammd Abuhashesh & Raed Kareem Kanaan, 2020. "The relationship between organizational changes and job satisfaction in the Jordanian telecommunication industry," Journal of Social Sciences (COES&RJ-JSS), , vol. 9(1), pages 1-20, January.
    6. Vitaliy Roud & Thomas Wolfgang Thurner, 2018. "The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms," Journal of Industrial Ecology, Yale University, vol. 22(5), pages 1213-1227, October.
    7. Venugopal Gopalakrishna-Remani & Robert Paul Jones & Kerri M. Camp, 2019. "Levels of EMR Adoption in U.S. Hospitals: An Empirical Examination of Absorptive Capacity, Institutional Pressures, Top Management Beliefs, and Participation," Information Systems Frontiers, Springer, vol. 21(6), pages 1325-1344, December.
    8. M. Kabir Hassan, 2002. "The Microfinance Revolution and the Grameen Bank Experience in Bangladesh," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 11(3), pages 205-265, August.
    9. Kifle T. Sebhatu & Fatemeh Taheri & Tekeste Berhanu & Miet Maertens & Steven Van Passel & Marijke D'Haese, 2021. "Beyond focus: Exploring variability of service provision of agricultural cooperatives," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(2), pages 207-231, June.
    10. Asuamah Yeboah, Samuel & Antwi Boasiako, Ama, 2024. "Beyond the Classroom: Quality Assurance in Developing Nations," MPRA Paper 122486, University Library of Munich, Germany, revised 13 Oct 2024.
    11. Park, Hyun-Soo & Auh, Seigyoung & Maher, Amro A. & Singhapakdi, Anusorn, 2012. "Marketing's accountability and internal legitimacy: Implications for firm performance," Journal of Business Research, Elsevier, vol. 65(11), pages 1576-1582.
    12. Aga, B.K. & Tesfay, G.B., 2018. "How Should Rural Financial Cooperatives Be Best Organized? Evidence from Ethiopia," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277735, International Association of Agricultural Economists.
    13. Luis Alfonso Dau & Aya S. Chacar & Marjorie A. Lyles & Jiatao Li, 2022. "Informal institutions and international business: Toward an integrative research agenda," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(6), pages 985-1010, August.
    14. Westley, Glenn D. & Shaffer, Sherrill, 1999. "Credit union policies and performance in Latin America," Journal of Banking & Finance, Elsevier, vol. 23(9), pages 1303-1329, September.
    15. Xin Liu & Lin Zhang & Abhinav Gupta & Xiaoming Zheng & Changqi Wu, 2022. "Upper echelons and intra‐organizational learning: How executive narcissism affects knowledge transfer among business units," Strategic Management Journal, Wiley Blackwell, vol. 43(11), pages 2351-2381, November.
    16. Nurul Fazleen Mohd Zariman & Norshima Humaidi & Muhammad Hafiz Abd Rashid, 2023. "Mobile commerce applications service quality in enhancing customer loyalty intention: mediating role of customer satisfaction," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(4), pages 649-663, December.
    17. Rao, Hayagreeva, 2004. "Institutional activism in the early American automobile industry," Journal of Business Venturing, Elsevier, vol. 19(3), pages 359-384, May.
    18. Andres Ruiz Serrano & Andrea Musumeci & Juan Julie Li & Mauricio Ruiz Serrano & Carolina Serrano Barquin, 2025. "Rationality and the exploitation of natural resources: a psychobiological conceptual model for sustainability," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(6), pages 13167-13189, June.
    19. Sara Romero-Muñoz & Manuel Alméstar & Teresa Sánchez-Chaparro & Víctor Muñoz Sanz, 2023. "The Impact of Institutional Innovation on a Public Tender: The Case of Madrid Metropolitan Forest," Land, MDPI, vol. 12(6), pages 1-20, June.
    20. Mukhopadhyay, Jhuma & Chakraborty, Indrani, 2017. "Foreign institutional investment, business groups and firm performance: Evidence from India," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 454-465.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:vision:v:27:y:2023:i:3:p:397-409. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.