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) thinker office. ascribable to its good management and staff dedication Chai Sacco Ltd find had a s afternoon teady growth in inning of membership and menstruumly have over ten thousands active members careworn 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 nest egg and credit co-operative society in Kenya, working towards providing a one-stop betray for exclusively members financial needs. Corporate mission: to mobilize savings from real and potential members with a view to providing cred it, thereby construction an economically empowered community in the co-operative spirit. Chai Sacco Ltd is headed by the common managing director who is the Chief Executive Officer (C.E.O) and the Deputy world-wide Manager. It has the sideline discussion sections:- client service Registry 1.

Customer service part This department involves different activities and some of them are, asseveration production, pin effect, Automated forge (ATM) requests, sending cheque books and issuing cheque books to the customers, raising entries for unwanted balances, checking balances for the customers, charging E NC commission and many more. 2.Cash depar! tment 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 money in the ATM, recording ATM deposits, balancing of pay aim issued and many more. 3.Clearing/Accounts department This department contains go-ahead a rest 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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