Background
Welcome to Wazalendo SACCO! When it comes to serving our members, we see our role as extending beyond simply safeguarding your money. We want to help you every step of the way towards meeting your financial goals.
Wazalendo SACCO herein referred to as ‘WSACCO’ is a Ministry of Defence (MOD) and Uganda People’s Defence Forces (UPDF) Co-operative Society that enables its Members to come togetherand pool funds (Savings) so that, they can access Loans (Credit) to engage in productive activitiesfor improving their welfare. It was registered in September 2005 with Registration Number 7419
Wazalendo SACCO herein referred to as ‘WSACCO’ is a Ministry of Defence (MOD) and Uganda People’s Defence Forces (UPDF) Co-operative Society that enables its Members to come togetherand pool funds (Savings) so that, they can access Loans (Credit) to engage in productive activitiesfor improving their welfare. It was registered in September 2005 with Registration Number 7419
- Vision
- Mission
- Core Values
To be a strong and self sustaining SACCO that drives the development of its members.
To mobilize funds in order to provide affordable financial services that effectively improve members’ welfare.
WSACCO passionately observes a set of core values to guide our their operations. These include; Integrity, Excellent customer service, Teamwork, Commitment, Professionalism, Ethics, Transparency, Accountability, and Equity
Major Objectives
The objectives of this Wazalendo Sacco are focused on promoting thrift among its members by allowing them to accumulate savings and providing an opportunity to borrow funds at reasonable interest rates. It aims to improve the economic and social conditions of each member, offering credit for providence, production, or both.
The program responds to the changing needs and preferences of its members by offering complementary savings and credit services and other financial products. It places importance on the safety and soundness of members' funds through appropriate risk management programs.
Furthermore, the program seeks to educate its members continuously on the proper use of financial products and services, ensuring their progress. Ultimately, the program performs the functions and exercises the power designated for Savings and Credit Cooperative Societies under applicable laws for the benefit of its members.
The program responds to the changing needs and preferences of its members by offering complementary savings and credit services and other financial products. It places importance on the safety and soundness of members' funds through appropriate risk management programs.
Furthermore, the program seeks to educate its members continuously on the proper use of financial products and services, ensuring their progress. Ultimately, the program performs the functions and exercises the power designated for Savings and Credit Cooperative Societies under applicable laws for the benefit of its members.
About WSACCO
Wazalendo SACCO herein referred to as ‘WSACCO’ is a Ministry of Defence and Veteran Affairs (MODVA) and Uganda People’s Defence Forces (UPDF) Co-operative Society that enables its Members to come togetherand pool funds (Savings) so that, they can access Loans (Credit) to engage in productive activitiesfor improving their welfare.
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