Abstract:
In worldwide rural saving and Credit Cooperatives is a fundamental aspect of an organization’s
development system and methods to irradiate poverty. The main objective of this research was to
investigate the impacts of Rural Saving and Credit Cooperatives in the case of Toke Kutaye Woreda. In all purpose, the paper used a mixed research design. Data were collected by using a self-administered survey,
which has both open ended and closed ended question. Addition to this the data was analyzed using
descriptive statistics like mean and standard deviation. The questionnaire was given to rural saving and
credit cooperatives members who are found at different level. After feeding (inserting) the collected data in
to SPSS for analyzing purpose, the researcher found that the Woreda’s rural saving and credit
cooperatives under study has a clear availability of saving service; Access credit service, provision of non financial service and creation employee opportunity under study have clear objectives, and this are
communicated to all board committee and woreda cooperatives agency. The data gathered from the
respondent was analyzed and interpreted by the help of SPSS software program with the help of bar
frequency table, minimum & maximum value, mean and standard deviation. The result indicated that
impacts of Rural Saving and Credit Cooperatives inadequate in the institution availability of saving
service; Access credit service, provision of non-financial service and creation employee opportunity. From
major findings the majority 98 (62.8%) of the participants’ female compared to the males in terms of
activities and participation and 98.7% and 97.4% of the total respondents highly agreed that saving and
credit cooperatives provide the financial services to its members, like open deposits, fixed deposits, internal
transfer facilities. To generate economic activity more than 91.7% financing loan is main difficulty of
saving and credit cooperative as well as the main source of income of cooperatives problems. Household
consumer expenses significantly increased at P0.05 were for food, health and education, clothing and
appliances and t-test analysis conducted was statistically high significant difference [t(155) = 9.73, P =
0.00] between mean annual saving before and after. Finally the researcher recommended that, it needs
commitment from both the saving and credit cooperatives, management board and woreda cooperatives
agency were responsible power to improve those specific areas of impacts of Rural Saving and credit
Cooperatives l elements indicated in the final chapter of the study.
