The focus of this research was to establish how three variables, namely, planning, budgeting and financial control contributed to growth of SACCOs in Nangabo Sub-county. It adopted a descriptive survey research design to collect data from a sample of 86 respondents, tapping into both primary and secondary sources of data. Italso used an assortment of data collectioninstruments and methods such as questionnaires and interviews to collect data from employees and managers of SACCOS in Nangabo Sub-county. The findings revealed a very strong positive relationship between planning,budgeting and growth of SACCOs because of the calculated value of r=0.876 at significance relationship level of 0.000<0.01. There was also another positive but significant associative relationship between financial controls and growth of SACCOs. This finding was supported by a calculated value of r=0.237 at significance relationship level of 0.000<0.01. Furthermore, the study revealed a very strong significant positive relationship between financial reporting and growth of SACCOs, given the value of 25 r=0.890 at significance relationship level of 0.000<0.01). Therefore, the study concludes that there is a strong positive significant relationship among the staff and a weak relationship between financial reporting and growth of SACCOs.
This means that when the Nangabo Sub-county quality of financial management practices of SACCOs are successfully implemented; there is likely to be an improvement in the performance of the SACCOS. The study recommends that building awareness about SACCO operations in Nangabo Sub-county should be improved in order to boost the performance of these institutions.