Risk Assessment and financial Performance of SACCOs in Bushenyi-Ishaka Municipality: Evidence from SACCOs in Ishaka Division; western Uganda

This study was about Risk Assessment and financial performance of SACCOs in Bushenyi-Ishaka municipality; evidence from SACCOs in Ishaka division, Western Uganda. It intended to analyse the relationship between risk assessment and financial performance of SACCOs in Ishaka Division. The study adopted descriptive cross sectional research design with both quantitative and qualitative approaches. A total population of 122 was involved which included employees, supervisory committee, loan committee and board members from which a sample of 93 respondents were selected using Slovene’s formula. Out of 93 respondents, 90 respondents responded positively. Data was collected using questionnaire and interview guide and analyzed using descriptive statistics, chi-square for quantitative data and thematic analysis was used for analyzing qualitative data The study findings established a significant relationship between risk assessment and financial performance of SACCOs. From the study findings, recommended that SACCOS in Bushenyi-Ishaka municipality should start investing in risk assessment to identify and analyse the risks that are likely to affect the financial performance of SACCOs.