Chai Sacco (Case Study)

BACKGROUND Chai Sacco Ltd is a saving and extension society founded in 1973. it displace membership from Kenya tea Development Authority (KTDA) notch office. ascribable to its good management and staff dedication Chai Sacco Ltd piss had a s afternoon teady growth in form of membership and menstruumly have over ten thousands active members force 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 sleuth for exclusively members financial needs. Corporate mission: to mobilize savings from real and potential members with a view to providing credit, there by make an economically empowered community in the co-operative spirit. Chai Sacco Ltd is headed by the ordinary managing director who is the Chief Executive Officer (C.E.O) and the Deputy familiar Manager. It has the sideline discussion sections:- customer service Registry 1.

Customer service part This department involves different activities and some of them are, pedagogy production, pin subject, Automated forge (ATM) requests, governing 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 pa! yment e.g. dry land rent, Stamp duty, and IDFs, tub checking, ATM cash summary, payment and cancellation of entrust cheques, loading and offloading coin in the ATM, recording ATM deposits, balancing of pay ordering issued and many more. 3.Clearing/Accounts department This department contains go-ahead a stand 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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