Corporate Governance And Financial Performance Of Saving And Credit Co-operatives In Meru County, Kenya

ABSTRACT Saving and credit Co-operatives are more preferred in developing economies since they contribute to the promotion of total human development, improve the living standards of its members, promote personal-development and self-reliance, assist in creating initiatives, mobilisation of member savings and offering credit to members at affordable rates. However, in spite of the inherent advantages, their existence is inhibited by a number of challenges such as inadequate member commitment and participation, poor governance, misappropriation of movement resources, limited products and servi…