Journal
Metropolitan Journal of Academic and Applied Research
MJAAR
Working Capital Management And Financial Performance Of Saccos In Wakiso District: A Case Of Munaku Kaamakisubi Co-Operative Savings & Credit Society Ltd In Wakiso District
Mbabazi Lucia, Irumba Alex
| Journal | Metropolitan Journal of Academic and Applied Research (MJAAR) |
| Volume / Issue | Vol. 5, No. 6 |
| Published | 30 June 2026 |
| ISSN | 3006-6417 |
Abstract
This study examined the relationship between working capital management and the financial performance of savings and credit cooperative organisations (SACCOs) in Wakiso District, using Munaku Kaamakisubi Co-operative Savings and Credit Society Ltd as a case study. The motivation for the study arose from the inconsistent financial performance of SACCOs in Wakiso District despite their growing membership base and savings mobilisation capacity. A cross- sectional research design was employed, with data collected from 84 SACCO management staff, credit committee members, and elected board members using structured questionnaires. Working capital management was operationalised through three dimensions: cash management, receivables management, and payables management. Financial performance was measured using return on assets (ROA), portfolio at risk (PAR), and operational self- sufficiency (OSS). Descriptive statistics showed moderate effectiveness across all working capital management dimensions (means ranging from 3.24 to 3.61). Pearson's correlation analysis revealed significant positive relationships between all working capital management dimensions and financial performance (r = 0.581 to 0.673, p < 0.01). Multiple regression analysis revealed that working capital management collectively explained 59.7% of the variance in financial performance (R² = 0.597, F = 28.43, p < 0.001). Cash management was the strongest individual predictor (β = 0.381, p < 0.001). The study concluded that effective working capital management is a fundamental driver of SACCO financial performance and recommended enhanced cash flow planning, stricter receivables management protocols, and improved payables scheduling.
Keywords
Working Capital Management
Financial Performance
SACCO
Savings and Credit Cooperative
Cite This Article
Mbabazi Lucia & Irumba Alex (2026). Working Capital Management And Financial Performance Of Saccos In Wakiso District: A Case Of Munaku Kaamakisubi Co-Operative Savings & Credit Society Ltd In Wakiso District. Metropolitan Journal of Academic and Applied Research, 5(6). https://journals.miu.ac.ug/pages/article.php?article_id=650
More in This Issue
View full issue →
6
Comparative Employability Outcomes of Structured Internship and Vocational Training Programs in Uganda
employability
structured internship
vocational training
youth unemployment
7
Conceptual Displacement In Public Policy Discourse: Lessons From Uganda's Education And Governance Debates
conceptual displacement
semantic drift
public policy discourse
education policy
8
Credit Management And Financial Performance: A Case Study Of Pride Microfinance
Credit management
Financial performance
Non-performing loans
Microfinance
9
Customer Relationship Management And Customer Retention: A Case Study Of Centenary Bank
Customer relationship management
Customer retention
Service quality
Complaint handling
10
Design And Development Of An Automated Hotel Management System: A Case Study Of Golden Heart Hotel, Matugga
Hotel Management System
Automation
Systems Development
SDLC