Chai Sacco (Case Study)

BACKGROUND Chai Sacco Ltd is a saving and extension society founded in 1973. it displace membership from Kenya afternoon tea Development Authority (KTDA) toss office. ascribable to its good management and staff dedication Chai Sacco Ltd drop had a s afternoon teady growth in model of membership and menstruumly have over ten thousands active members haggard 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 finished check-off system. bodily vision: To be the leading, modern and dynamic nest egg and credit co-operative society in Kenya, working towards providing a one-stop mark for exclusively members financial needs. Corporate mission: to mobilize savings from real and potential members with a view to provi ding credit, thereby construction an economically empowered community in the co-operative spirit. Chai Sacco Ltd is headed by the popular managing director who is the Chief Executive Officer (C.E.O) and the Deputy habitual Manager. It has the sideline discussion sections:- node service Registry 1.

Customer service department This department involves different activities and some of them are, description production, pin progeny, Automated forge (ATM) requests, saying 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, vat checking, ATM cash summary, payment and cancellation of entrust cheques, loading and offloading capital in the ATM, recording ATM deposits, balancing of pay roam issued and many more. 3.Clearing/Accounts department This department contains go-ahead a stand up 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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