About Us

Was established in 2019 by 30 members under the visionary leadership of Mr Lule Tefeero, the Diocesan Youth Coordinator to serve and transform the Youth economically. The society currently has over 500 members drawn from mainly churches and other youth fellowships.

The Sacco is seen as an organized way of encouraging and supporting Youth to mobilize financial resources in a general pool for growth and development. It is also through this Sacco that the Youth will have access to Government programs that focus on empowering them to escape the cycle of poverty.

Core Values

All power belongs to God and therefore our Sacco subscribes to the Christian values and principles that promote the glory of God.

Our staff will consistently conduct themselves in an acceptable Christian manner adhering to high moral principles, professionalism, honest and trustworthy, orderly in appearance, speech and socially upright.

We shall promote hard work among our members to contribute to the Church and Nation building through hard work, creativeness, innovativeness and productive use of available resources.

We shall willingly take on roles and responsibilities to promote societal Christian common good especially environment conservation and helping the needy members of the community.

  1. To provide reliable financial services and opportunities to the youth for economic empowerment.
  2. To promote a saving culture among the youth.
  3. To coordinate with the government other cooperatives and association to promote members' interest.
  4. To build financial capacity of members through financial education for self reliance and development.
  5. To support the needy members of the community through our social corporate responsibility outreach activities.

JOINING PROCEDURES AND REQUIREMENTS

  1. Fill out a membership form available at our offices, Namirembe Diocese- Centenary Building, Youth Department.
  2. Return the signed form with a copy of the National Identity Card or an employer identity card, 3 coloured passport size photos.
  3. Reference letter from an existing active Sacco member.
  4. Pay an annual membership fee of UGX 20,000/=
  5. Pay Registration fee of UGX 10,000/=
  6. Minimum shares purchase of UGX 30,000/=
  7. Minimum start up saving of UGX 10,000/=.

MEMBERS’ RESPONSIBILITIES

  • Respect the bylaws and values for which the Sacco stands for.
  • Elect Professional, competent and result oriented Board.
  • Respect Sacco contracts.
  • Honestly advise Sacco Board for growth and development.
  • Regular visits to the Sacco office to monitor progress and get updates.

Benefits to members

  • Capacity building in business and financial management.
  • Opportunities of business partnerships and networking.
  • Payment of dividends.