A savings and credit cooperative built around its members
CHILUNGAMO SACCO

About Chilungamo SACCO

Learn about Chilungamo SACCO, why it was formed and the goals that guide our work with members.

WHO WE ARE

A cooperative focused on members’ financial wellbeing.

Chilungamo Savings and Credit Cooperative Society was formed in 2016 to give employees in the judiciary and other government departments an opportunity to save and improve their social and economic wellbeing.

The idea is straightforward: members build savings together, and eligible members can borrow on terms agreed through the cooperative and its elected leadership.

2016Year established
SaveBuild a saving habit
GrowSupport member wellbeing
People discussing a financial transaction across a desk
OUR OBJECTIVES

What we work towards

Our objectives are about helping members make informed choices and strengthen their financial position.

Member welfare

Promote the economic welfare of our members and support their social and financial wellbeing.

A culture of saving

Encourage members to save regularly and build a financial cushion for future needs.

Access to credit

Make loans available to members for productive and provident purposes, subject to the applicable terms.

Money management

Help educate members in the management and control of money.

Member participation

Support a cooperative approach where members’ interests are represented through elected leadership.

Peace of mind

Insurance products offered through partners can help provide additional protection for members.

Interested in becoming part of the cooperative?

Review the membership requirements and find the forms you need.

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