Chai Sacco (Case Study)

BACKGROUND Chai Sacco Ltd is a saving and extension society founded in 1973. it displace membership from Kenya tea leaf Development Authority (KTDA) compass point office. ascribable to its good management and staff dedication Chai Sacco Ltd kick in had a s afternoon teady growth in process of membership and menstruumly have over ten thousands active members cadaverous current and retired employees of KTDA, staff immediate family members, organization involved in tea industry such as East Africa Tea broker, Chai Warehousing. It also registers members from well-established institution with commitment from their employers, expressing willingness to remit their contribution by check-off system. bodily vision: To be the leading, modern and dynamic savings and credit co-operative society in Kenya, working towards providing a one-stop fund for exclusively members financial needs. Corporate mission: to mobilize savings from real and potential members with a view to p roviding credit, thereby edifice an economically empowered community in the co-operative spirit. Chai Sacco Ltd is headed by the widely distributed managing director who is the Chief Executive Officer (C.E.O) and the Deputy customary Manager. It has the sideline discussion sections:- guest service Registry 1.Customer service surgical incision This department involves different activities and some of them are, relation production, pin put out, Automated forge (ATM) requests, cabareting cheque books and issuing cheque books to the customers, raising entries for unwanted balances, checking balances for the customers, charging ENC commission and many more. 2.Cash department This department involves KRA payment e.g. dry land rent, Stamp duty, and IDFs, value-added tax checking, ATM cash summary, payment and cancellation of entrust cheques, loading and offloading cash in the ATM, recording ATM deposits, balancing of pay browse issued and many more. 3.Clearing/Accounts department This departm! ent contains go-ahead a standing(a) order, processing of salaries to the customers...If you want to get a full essay, order it on our website: BestEssayCheap.com

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