About Us
Who We Are
ESTABLISHMENT
It was established in the early months of 2017 and it was registered by the Registrar of Cooperative Societies with Reg. No. P.7549/RCS
FOUNDER MEMBERS
1.Mr. Kibuuka Mathias
2.Mr. Ssaazi Benedict
Both are private school teachers within Lubaga Division who envisioned a cooperative to support their peers’ financial and professional development.
Administrative Structure of the SACCO
MISSION
To improve upon household incomes of schools and school employees through giving them affordable credit and saving facilities on a sustainable basis
VISION
To be the leading provider of financial services to private schools and their employees in Kampala District and beyond.
OBJECTIVES
To transform member schools through saving and credit facilities
To encourage members to develop a saving culture
To create unity among private schools, their employees and directors
To avail credit facilities to members at affordable interest rates
OUR TEAM
Mr. Kibuuka Mathias
Chairman Board
Mr. Ssaazi Benedict
Board Secretary
Ms. Molly Likico
Branch Manager
Mr. Charlse Kato
Board Member
Ms. Irene Nakazi
Cashier
Mr. Rogers Mayatsa
Accountant
Mr. Martin Kibuka
Loans Officer
Ms. Jacent Nasazi
Loans Officer
Ms. Barbra Nakiganda
Loans Officer
Mr. Kalvin Kintu
Loans Officer
Lubaga Private Schools Teachers SACCO leverages a team of experienced professionals with diverse skills in finance, business management, and education sector support.
Our expertise is geared towards empowering our members with tailored financial solutions, specialized support, and developmental programs. Key areas of expertise include:
ACHIEVEMENTS
Permanent and well established offices in in Kakeeka zone/cell Lubaga Parish inside Jacaranda Park
It has up to 1,000 fully registered and active members including schools and individuals
Training of Members
CHALLENGES
- High operational costs in form of rent, staff salaries, loan disbursement and recovery costs.
- High rate of default by borrowers due to Covid 19 effects and hostile economic conditions
- Lack of up to date knowledge and information on the side of borrowers
- Lack of financial reserves in relation to client requirements
PARTNERS
- Private Schools over different areas of Uganda
- Edify International in conjunction with Edify Uganda
- Christian School Owners’ Association Ug Ltd
- Sure Pay Ltd
- Dastel Ltd