Auction mechanisms are widely recognized to improve allocation efficiency in various economic environments, but the literature on rotating savings and credit associations (ROSCAs) has yet to identify circumstances in which bidding ROSCAs achieve first-best allocations of funds. This paper...

This study applied the paired t-test and logistic regression analysis to assess the impacts of the rural SACCOS' loans on borrowers in Tanzania where 431 borrowers from 37 rural SACCOS in Morogoro, Dodoma and Kilimanjaro regions were involved. The study noted that 73.5% of the rural SACCOS'...