Background of the Sacco

Vision

To be a leading SACCO with quality financial services and financially stable members.

Mission

To provide affordable and reliable financial services for the economic emancipation of members

Mandate of the Sacco

To provide customer-centred financial services, savings and Credit to the members.

Statement of Philosophy

At NABUKALU SACCO, we believe that the provision of sustainable and affordable financial and non-financial services to the economically active poor helps them to eradicate poverty among themselves. As a result, we commit ourselves to remain a responsible corporate citizen guided by the above core values.

Core values

• God Fearing ‘We shall always trust in God for wisdom and Guidance.

• Professionalism ‘We shall always exhibit professionalism in serving our members and other stakeholders

• Equity ‘We shall always be fair and just to all

• Transparency ‘We shall always be open, simple and precise in all our dealings

• Teamwork ‘We shall always consult all stakeholders to ensure all stakeholders' expectations are met and develop our SACCO as a team

• Accountability ‘We shall always be answerable to our members for a fair return, responsive to our customer needs and wants and be accountable to all other partners we work with

Objectives

• Increase membership by 25% annually and maintain 90% retention

• To operationalize a third branch in 2025

• Open at least 18 outlets/Collection centres annually

• To grow Loan Portfolio by 40% annually

• To grow Savings Portfolio AND Share Capital by 50% and 30% respectively annually

• Transformation and implementation of New Management structure.

• Maintain Operating Self-Sustainability above 130%

• To acquire Land for Mayangayanga office premises by 2025