International Journal of Scientific Research and Engineering Development

International Journal of Scientific Research and Engineering Development


( International Peer Reviewed Open Access Journal ) ISSN [ Online ] : 2581 - 7175

IJSRED » Archives » Volume 8 -Issue 5


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📑 Paper Information
📑 Paper Title Database Management, Financial Reporting, and Financial Performance in Saccos: A Case of Selected Saccos in Mbarara City
👤 Authors Kereere Richard Mutungi, Mr.Baluku Watsema, Dr.Benon Muhumuza
📘 Published Issue Volume 8 Issue 5
📅 Year of Publication 2025
🆔 Unique Identification Number IJSRED-V8I5P46
📝 Abstract
This study examined the relationship between database management, financial reporting, and financial performance among Savings and Credit Cooperative Organizations (SACCOs) in Mbarara City South Division, Uganda. Anchored on a quantitative research design, the study utilized primary data collected through self-administered questionnaires from a sample of 56 SACCOs. The findings revealed a statistically significant positive relationship between database management and financial performance (r = 0.281, p < .05), indicating that improvements in data accuracy, security, and real-time accessibility contribute to better financial outcomes. The study concludes that both effective database management and high- financial reporting are critical drivers of financial performance in SACCOs. It recommends investment in IT infrastructure, staff training, data governance policies, system integration, and regular monitoring to enhance financial sustainability. Limitations included the studys narrow geographical focus, limited sample size, and use of self-reported data. Future research could expand the scope to other regions and incorporate longitudinal data for deeper insights.