UCSCU’s journey to Digital Financial Inclusion

UCSCU’s journey to Digital Financial Inclusion

By UCSCU Media | August 25, 2021

Together with our partner German Sparkassenstiftung East Africa, we continue to support SACCOs to achieve automation and walk the journey of #digitalization through the implementation of the Core Banking System (CBS) for #SACCOs. It’s a cloud-based core banking system with the following:-

Key system features:

  • Human resource management
  • Customer management
  • Savings and Shares management
  • Loan management
  • Accounting
  • Interbranch connectivity
  • Multi-user capability
  • SMS banking
  • Mobile Banking

Requirements for setting up in a SACCO:

  • A computer or networked computers in good working condition
  • Internet (preferably a MIFI or Router)
  • Trainable personnel preferably a system administrator

Benefits to SACCOs

  • Improved SACCO – Member engagement (KYC)
  • Realtime/Accurate reporting (360 degrees overview of the SACCO)
  • Member’s convenience due to mobile banking  

To inquire more information about this system, please send us an email or you can visit our offices or get in touch through our social media platforms