Abstract:
Credit unions have played a significant role in promoting financial inclusion, fostering community
development, and empowering individuals to achieve their financial goals. Against this
background, this study is to investigate the contribution of Tsoaing Saving Credit Union
Association to socio economic lives of the beneficiaries in Tsoeneng Ha Mokhele community. The
study adopted a mixed methods approach for the purpose of gathering both qualitative and
quantitative data. The study has adopted case study research design and data was collected using
closed-ended questionnaires and interviews. The findings show that Tsoaing Saving Credit union
Association contributed to social development through capacity building training and offering
educational loans. Furthermore, Tsoaing Saving Credit Union Association contributed to
employment creation and access to financial services. Moreover, it contributed to income
generation projects through poultry, small shop, piggery and farming. The study concludes that
Tsoaing Saving Credit Union Association played an important role in improving the socio-
economic development in Tsoeneng Ha Mokhele community. The study recommends that in order
to improve socio economic development in Tsoaing Saving Credit Union Association shouldprovide frequent and regular trainings on business management to their members. This could help
members for good management of their loans and reducing loan defaulters.
