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5th Annual National Sacco Conference and 45th UCSCU Annual General Meeting scheduled for 3rd & 4th October 2019, at the SACCO Academy, Maganjo.

About UCSCU

Uganda Cooperative Savings and Credit Union is a National Apex Body of SACCO in Uganda formed, owned and governed by members. It was founded in 1972 and currently registered under the Cooperative Societies Act 1991 and Cooperative Societies Regulations 1992. The membership of the Union stands at over 1294 SACCOs spread all over the country and are served through the regional offices located in Gulu (Northern region), Mbale (Eastern Region), Kampala (Central region), Mbarara (Western region), and sub regional offices located in Arua, Soroti, Masaka, Fort Portal, Kabale, Luwero, and Hoima. The Union is mandated to carry out SACCO Development in Uganda in collaboration with the government and other strategic stakeholders.

Vision

To be a World Class Union of SACCO

Mission

To promote and empower SACCOs in Uganda by offering high quality specialized financial and non-financial services for their sustainability

The 5th Annual National Conference and General Meeting

The Annual Conference is a major Union Event and Brand which brings together SACCO leaders and managers, practitioners, policy makers, and experts in the SACCO Movement to discuss trends and strategies for growth. And also resonates well with the current issues confronting the SACCO Sector.

After the Conference the member-SACCOs will proceed to the Annual General Meeting the following day.

This is therefore to request your organization to sponsor the two events.

Below are the details of benefits for the sponsors at each level.

We wish to thank you in advance for your support.

 

Partners Sponsorship Benefits

     Packages:

Package Available slots Amount (UGX)
Platinum 02 30,000,000 and Above
Gold 02 10,000,000 to 29,999,000
Silver 06 5,000,000 – 9,999,000
Bronze 08 1,000,000 – 4,999,000

.

# Benefit Platinum Gold Silver Bronze
1 Ample Exhibition Area/Table space First priority Next priority After gold Available
2 Speaking slots 15 Minutes 10 minutes 05minutes 02 minutes
3 Display of banners 08 Pull up 06 pull up 04 pull up 03 pull up
4 Presence of logo on promotional materials Yes Yes Yes Yes
5 AGM Annual report; company included on partners’ page

Advert on

2nd page

Advert on mid-page Advert on last page Logo & address
6 Acknowledgement message as a sponsor Yes Yes Yes Yes
7 Sponsors materials in the Conference and AGM kits Yes Yes - -
8 Display of sponsors message on screen during the AGM and the Conference Yes Yes Yes Yes
9 Complementary services (meals, refreshments, etc) for registered persons

05

persons

04

persons

03

persons

02

persons

10 Shout outs on UCSCU social media platform 1 month 3 weeks 2 weeks 1 week

 

Expected Participants

SACCO Leaders, SACCO Managers and staff, Auditors, Trainers/Consultants, Financial Services Providers, Researchers/academicians, Regulators, Policy makers, Government officials, Non-governmental Organizations and other experts in the sector

Please indicate preferred level, fill out the rest of this form and mail it back or hand deliver to UCSCU head office

Name and position …………………………………………………………………………………

Name of the organization ………………………………………………………………………

Email address……………………………………………………………………………………

Phone contact ………………………………………………………………………………………

Select a sponsorship level

Platinum Gold Silver Bronze
       

 

For sponsorship arrangements please contact: MUZAFAR KINALWA- 0701601305 / 0779601305 Or E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

UCSCU WazalendoThe UPDF SACCO, known as the Wazalendo Savings and Credit Cooperative Society Limited (WSACCO) has hit an asset base of shs271.1 billion.

This was revealed on Wednesday during the Sacco’s 13th annual general meeting held at the Uganda Military Engineering College (UMEC) in Lugazi, Mukono District aimed at sharing and reviewing the performance and operations of the Sacco for the year ended (January to December 2018).

Speaking at the function, the Chief of Defence Forces in the UPDF, Gen. David Muhoozi hailed the progress of the Sacco, equating it to a teenager who has performed “exceptionally” well before becoming an adult.

 “We have done well and we should maintain and improve the welfare of our members,” Gen Muhoozi told members, adding that it is the duty of the leadership to maintain the sound relationship with the Sacco members to provide reliable solutions that can fight poverty.

He said there must be trust between the leadership and members to have a SACCO that can transform the lives of its members and not just accumulation of figures.

“We need to come up with smart innovations, build strong consensus with members, understand the critical importance of the SACCO and design simple and clear messages to all members for WSACCO to do even better.”

Gen Muhoozi encouraged members to invest in assets that generate income like commercial buildings as opposed to investment in luxurious items that yield short term benefits

According to the Sacco’s Board Chairman and Deputy Commander Land Forces, Maj Gen Sam Kavuma, the Sacco provides an opportunity for the UPDF fraternity to come together and accumulate a fund that betters their welfare and prepare them for life after retirement.

He noted that with effect from last year, the society’s monthly retirement savings on salary increased from 7% to 10% and were followed by a reduction in the refinancing period from 75% to 50% on top of a reduction in interest rates from 15% to 13% .

He said that the asset base had grown from shs219.1 billion last year to Shs 271.1 billion over the last financial year and attributed the growth to the rolled out refinancing that enabled members access more loans on top of their existing loans.

Maj.Gen. Kavuma encouraged members to continue saving by revisiting their enterprise selection and investing in real assets that generate income to fill the liquidity shortfall.

 “Any Ugandan who exploits the country’s green cover, fertile soils, favourable climate, abundant water, forests and mountains, cannot fail to improve their welfare,” he urged.

He however warned on investing in luxuries like cars.

Members adopted and approved the proposal to issue bonuses to shareholders by appreciating the share value from shs10,000 to Shs 15,000 and extending the maximum loan period from 4 to 5 years, increasing the loan size from Shs 40m to Shs 80m, among others.

The Wazalendo Sacco is a Ministry of Defence and UPDF Cooperative society that enables its members to come together and pool savings that can help them access loans to engage in productive activities in a bid to improving their welfare. It was registered in Sept 2005.

The army Sacco, registered in 2005, is the biggest Sacco in Uganda with 70,087 members.

Source: https://nilepost.co.ug/2019/03/27/updf-sacco-hits-271-billion-asset-base/

The Speaker, Rebecca Kadaga has urged more Ugandans to join savings and credit cooperative organizations (SACCOs) around the country and improve their livelihoods.
Kadaga said that the cooperatives have contributed to the wellbeing of many Ugandans calling for increased membership in the SACCOs.


The Speaker made the remarks while launching the Balyegera Kwiife SACCO based in Bupadhengo sub-county, Kamuli District on Friday, 04 January 2019.


Kadaga boosted the SACCO operations with shs2 million and two sewing machines which she said ought to help the members to earn a living and in turn support their families and the community at large.
"I know many women are engaged in tailoring so these machines will help them to serve the community and get money to support their families," Kadaga said.


The Chairperson of the Baryegera Kwiife SACCO, Ali Mpasa, said that since its inception, several groups have been established through the organization which were building the community socio-economically.
"We have several associations that impact positively in our area including one for Boda-bodas, a farmers' group, a women's development group and a sports club for the youth," Mpasa said.


He told the Speaker that their agricultural efforts had not yielded due to the harsh drought conditions and thus called on her support to the SACCO with agricultural inputs.


Kadaga on her part committed to engage Kasolwe Stock Farm in Kamuli district to provide quality seeds and other agricultural stock that can boost their farming operations.
"I know how tough the dry season has been; I will talk to the managers at Kasolwe to provide your SACCO with some seeds and animals that you can rear to boost your incomes," said the Speaker.

 

Source: www.parliament.go.ug

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