Wazalendo SACCO Flags Off Experience-Sharing Program with SACCOs in Greater Masaka

Wazalendo Savings and Credit Cooperative Society (WSACCO) has joined the Uganda Peoples’ Defence Forces (UPDF) in activities to mark Army Week in the Greater Masaka region.

 

Speaking at the launch of a training and experience-sharing initiative at PEWOSA SACCO in Kabula, Lyantonde District for selected SACCOs in the region, the Chief Executive Officer, WSACCO, Brig Gen Joseph Freddy Onata emphasised that the program is a way of giving back to the community and fostering the growth of the SACCO sector. The flag-off ceremony took place at PEWOSA SACCO in Kabula, Lyantonde District.

“The purpose of this training is to share best practices in SACCO management with other SACCO leaders, helping them build confidence to mobilise their members, encourage saving, accumulate capital, and run sustainable SACCOs,” Onata said.

“Beyond the training, we have also donated textbooks and reusable sanitary towels to support efforts to keep children in school.”

 

Brig Gen Onata further highlighted the importance of quality service and member satisfaction as key pillars for the sustainable growth of SACCOs.

 

The Lyantonde District LC5 Chairman, Mr. Byamuhangi Fred, commended the UPDF for its strong working relationship with the civilian population.

“It is a great opportunity for Lyantonde SACCOs to interact with military officers on welfare matters. I hope this engagement will benefit other SACCOs, improving their financial management and overall performance,” he said.

 

Rev. Ben Katunguka, representing the Chairperson of the Board of Directors at PEWOSA, noted that the training conducted by Wazalendo SACCO has addressed crucial topics such as savings mobilization, diversifying revenue streams, and member education.

 

The SACCO training program is being conducted across several districts, including Sembabule, Lyantonde, Lwengo, Bukomansimbi, Kalungu, Kalangala, Kyotera, Rakai, and Masaka City.

 

The WSACCO training team comprises Corporate Communications Manager Lt Col Akasius Mbabaisi, Head of Information and Security Maj Livingstone Musiime, among others.