The SACCO is mandated to:

  • Encourage thrift among its members by affording them an opportunity for accumulating their savings;
  • Create a source of funds at a fair and reasonable rate of interest;
  • Provide an opportunity for each of its members to improve the members respective economic and social conditions;
  • Provide members with credit for purposes of provident or production or both;
  • Offer to the members complementary savings and credit services and other financial products as may be required by the members from time to time;
  • Ensure safety and soundness of the member’s funds through a risk management programme or appropriate insurance coverage
  • Ensure the progress of its members by educating them continuously on the proper use of credit
  • Perform the functions and exercise the powers designated for savings and credit cooperative societies under the applicable law for the benefit of the members.
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