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objective is to mobilize savings and make loans to members at reasonable interest rates to improve their welfare. WSACCO adopted “Save for the Future
Development” as its slogan. By 30 June 2011, 61,482 members had joined. By February 2012, membership had increased to 65,741 and total savings were valued at approximately US$ 9.23 million (UGX:23 billion), making WSACCO the largest savings credit union in Uganda. As of April 2014 the WSACCO's total assets were valued at approximately US$ 43.7 million (UGX:109 billion) with shareholders' equity of about US$ 30.1 million (UGX:75 billion) and a loan portfolio estimated at US$ 35 million (UGX:87 billion).
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WSACCO was established on 22 September 2005 with initial savings of about US$ 96,000 (UGX:238 million). Membership is restricted to persons in active service with the UPDF and their families, UPDF veterans and their families, and staff of the
Ministry of Defence in Uganda and their families. The main
181:
As of
December 2014, the WSACCO's membership had increased to over 73,000. Shareholders equity stood at USh67.4 billion (US$ 23.4 million). Total assets were valued at USh131.1 billion (US$ 45.5 million). The total loan book stood at USh116.3 billion (US$ 40.4 million). WSACCO made after-tax profits
185:
As of 31 December 2021, the Sacco's membership exceeded 91,000. Total assets were UGX:630.7 billion (US$ 176.3 mullion). Shareholders' equity was UGX:219.8 billion (US$ 61.4 million). The Sacco's total loan book at that time was UGX:484.4 billion (US$ 135.4 million). WSACCO made after-tax profit of
169:(UPDF) personnel and their families, UPDF Reserve Forces, and staff of Uganda's Ministry of Defence. WSACCO is affiliated with the Uganda Co-operative Savings and Credit Union Limited and with the Uganda Co-operative Alliance.
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569:"Wazalendo Savings & Credit Cooperative Society Annual Report for 31 December 2014"
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635:"Major General Sam Kavuma Retains Chair As Wazalendo Sacco Registers Biggest Growth"
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of USh9.5 billion (US$ 3.3 million), for the calendar year ending 31 December 2014.
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663:. Wazalendo Savings & Credit Cooperative Society (WSACCO)
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As of March 2015, WSACCO maintained the following branches:
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UGX:54.9 billion (US$ 15.3 million) in calendar year 2021.
523:"UPDF Sacco Grows Savings to Shs23 Billion In Eight Years"
126::Aftertax:UGX:54.9 billion (US$ 15.3 million) (2021)
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155:Wazalendo Savings and Credit Cooperative Society
20:Wazalendo Savings and Credit Cooperative Society
841:Katikamu Seventh Day Adventist Secondary School
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603:"Wazalendo SACCO Gets New Board of Directors"
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138:UGX:630.7 billion (US$ 176.3 million) (2021)
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165:. It is an institutional Sacco composed of
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837:Bukalasa Agricultural Training Institute
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661:"Full List of Wazalendo Sacco Branches"
567:Wazalendo Sacco Board (20 March 2015).
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320:of the society included the following:
894:Bishop Ceaser Asili Memorial Hospital
521:Kasasira, Risdel (27 February 2012).
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16:Financial services company of Uganda
470:Vision Reporter (1 December 2017).
633:SoftPower Uganda (25 March 2022).
472:"Kavuma promoted to Major General"
14:
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601:Nicholas Agaba (25 March 2022).
544:Candia, Steven (10 April 2014).
201:Arua Branch - Arua UPDF Barracks
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500:"WSACCO: About Us: Who We Are"
157:(WSACCO), also referred to as
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996:Uganda People's Defence Force
981:2005 establishments in Uganda
546:"Army SACCO Gets New Command"
308:(*) = Non-Networked branches
243:Kotido Branch - Nakaprimoli,
198:Achol-pii Branch - Achol-pii
167:Uganda People's Defence Force
295:Ssingo Branch - Kaweweeta,
78:Major General Samuel Kavuma
48:; 19 years ago
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976:Banks established in 2005
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291:Nakasongola UPDF Air Base
286:Muhooti Branch - Muhooti
991:Credit unions of Uganda
950:John Chrysostom Muyingo
920:Ziroobwe–Wobulenzi Road
889:Bombo Military Hospital
910:Luweero–Butalangu Road
576:Wazalendo Sacco Uganda
417:Vice Chairman SUPCO -
316:As of March 2022, the
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925:Kampala–Gulu Highway
915:Gayaza–Ziroobwe Road
396:Member West Nile -
301:Mogadishu Branch -
209:Bombo UPDF Barracks
90:Joseph Freddy Onata
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739:Towns and villages
428:Alexander Asiimwe.
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389:Member Northern -
356:Lieutenant Colonel
346:Lieutenant Colonel
318:Board of Directors
37:Financial services
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868:Bamunanika Palace
863:Ndejje University
858:Bugema University
641:. Kampala, Uganda
609:. Kampala, Uganda
502:. Wazalendo SACCO
445:Economy of Uganda
440:Banking in Uganda
410:Chairman SUPCO -
382:Member Eastern -
375:Member Western -
368:Member Gender -
361:Member Central -
297:Nakaseke District
280:Mubende Branch -
268:Mbarara Branch -
256:Masindi Branch -
219:Entebbe Branch -
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665:. Retrieved
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548:. New Vision
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527:. Retrieved
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482:. Retrieved
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450:Exodus Sacco
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133:Total assets
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61:Headquarters
25:Company type
811:Equity Bank
400:Peter Osuko
205:Head Office
112:Investments
970:Categories
746:Bamunanika
484:3 December
477:New Vision
457:References
414:Simon Ocan
358:Benon Kato
337:Sam Kavuma
312:Governance
72:Key people
903:Transport
851:landmarks
830:Education
776:Wobulenzi
730:Capital:
480:. Kampala
412:Brigadier
352:Treasurer
781:Ziroobwe
756:Kalagala
667:21 March
645:27 March
613:27 March
581:21 March
552:11 April
529:11 April
506:11 April
433:See also
330:Chairman
173:Overview
147:Homepage
100:Products
83:Chairman
33:Industry
849:Notable
799:Economy
766:Luweero
732:Luweero
419:Colonel
384:Captain
377:Captain
363:Captain
303:Somalia
282:Mubende
270:Mbarara
258:Masindi
221:Entebbe
143:Website
118:Revenue
108:Savings
88:Colonel
51: (
43:Founded
28:Private
882:Health
771:Ndejje
761:Kalule
276:Moroto
252:Masaka
239:Kakiri
163:Uganda
751:Bombo
572:(PDF)
426:Major
391:Major
370:Major
264:Mbale
233:Jinja
215:Bombo
104:Loans
669:2015
647:2022
615:2022
583:2015
554:2014
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508:2014
486:2017
227:Gulu
53:2005
46:2005
94:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.