UNITEUSSS SACCO SOCIETY LIMITED.

Good morning members.

A happy one to our friends.

"If you are not on the table, you're on the menu"

Our President representing us in Nairobi at Entrepreneurs Cooperative in Kenya. Bringing knowledge

We are concern about Saving, Investment and your general financial welfare. Together we can

It's a bright new day. Enjoy

Let me Wish all of you who have gone through financial hardships with us a Happy new year. Let's sharpen our tools we are beginning the war again let us journey together and win together.

What is a SACCO?
SACCO is an abbreviation for Saving and Credit Cooperative. SACCOs are user-owned financial institutions that offer both savings and credit services to their members. Members of these financial institutions can be both net savers and net borrowers. Depending on a country’s legal framework, SACCOs may be authorized to mobilize member savings and non-members savings or member savings only.
• SACCO Society is financial cooperative society established by voluntary people based on the philosophy of building self-help society or “people helping people”.
• SACCO Society is owned, managed, controlled by members. Members have the right to decide on its issues, members have the right to benefit from its service.
• SACCO Society is formed initially for the poorer to provide financial services such as safe place for savings and providing easy accessible loans to members.
• SACCO Society is “not for profit or for charity” but serve members at fair profit margins.
• In SACCO Society member’s savings form a good pool of money, from which loans are made to members with fair lending interest and the interest rate is decided by members.
• In SACCO Society once overhead and other expenses are paid, reserve for cushion against any loss, and for expansion of services set aside, the remaining income from loans is returned back to members in the form of dividend on savings, share or both.
• In general SACCO Society are financial institutions designed for people, to have their own efficient financial service giving institutions that empowers themselves in building asset by teaching thrift culture and make themselves accessible

Might help your business

It can be easy to lose motivation during hard times, but we are capable of way more than we may think. Turning those negatives into positives can help us get through that storm. After all, after every storm comes a rainbow.

Good morning members. Have a blessed week financially.

Hi savers, scholarships can help you save money as someone else picks up your school fees tab.

If you or someone you know needs these tech skills scholarships sponsored by Google, apply by May 31

- Associate Android developer
- Associate cloud engineer

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Google Africa Developer Scholarship 2022 Grow with Google and Pluralsight have partnered once again to provide a program to support software developers across Africa in two different roles: