3.4 OPPORTUNITIES
The Society has at its disposal a
visionary and stable leadership, a strong management
and, a competent and committed staff. This is backed
up by an image of strength displayed by imposing physical
assets and a long history of success. The Society
will use these tangible and intangible assets to exploit
the potential of opportunities available and to thwart
any threats that may emerge.
A summary of identified opportunities
is outlined below:
•
Conducive political/economic environment.
• Growing
member confidence.
• Recognition
under the Co-operative Act.
• Donor
confidence.
• Young
and growing population.
• Proposed
depositors’ protection fund.
• Growing
loan demand.
• Expanded
common bond.
• Collaboration
with other organizations.
• Product
expansion e.g. ATM, Smart Card.
• Market
penetration potential within our present customers.
• Market
expansion potential for FOSA services, e.g. private
hospitals.
• Proposed
National Social Health Insurance Scheme.
• Expanding
technologies e.g. interactive websites, connectivity,
e- banking and smart cards.
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