Abstract:
The purpose of the study is the base for improvements of cooperative financial resource
mobilization practices and capital formation efforts. Also the objectives of the study is to
investigate practices and challenges of financial resource mobilization the case of
USACCOs; Jeldu woreda, West Shoa zone, Oromia Regional State, Ethiopia. The researcher
employed Probability (simple random sampling) and non-probability (purposive sampling)
techniques to collect relevant data from the classifying population of the study. This random
sampling technique used active saving members. The target population for the study included
members, management committee and staff those having experience & potential saving
members involved in deposit mobilization. The sampling size was 144 members from all
selected USACCOs on proportional basis. Data collected through primary data such as
questionnaire and secondary data from the annual reports of JWCPA. The researcher used
structured questionnaire for management bodies and members of USACCOs and semistructured interviews. The researcher employed mixing qualitative and quantitative
approaches gives the potential to cover each method’s weaknesses with strengths from the
other method Descriptive method and explanatory methods ware adopted for the study to
analyze the data. The findings have shown that, USACCOs have not conducted regular
training, lack of members awareness, provided poor training and incentive system to staff
and Challenges that face USACCOs are Poor saving habits or cultures in the society,
inflation & political instability & unstable economic conditions, unavailability of security
and peace of working area, competition, Lack of management information system and loan
default. The study, therefore, the researcher recommend that the management of the
USACCOs concerned government bodies and stakeholders have to consider aware members,
conducting of regular training program, to apply management information system, capacity
building for committee and staff, and develop incentive system to staff & potential members
to make more financial resource mobilizatio
