Description of available SACCO Software
SACCO better known as Savings and Credit Cooperative Organizations play a crucial role in Uganda’s financial landscape. They provide financial services and empowerment to their members. SACCOs have tax obligations that need to be understood and fulfilled. Therefore, this blog post explores the specific tax considerations that SACCOs in Uganda should be aware of. Additionally, […]
Read MoreA joint ICT platform is a shared digital infrastructure that allows multiple SACCOs to collaborate and share information. By joining forces on a joint platform, SACCOs can streamline their operations, reduce costs, and access a range of digital services. This can help them better serve their members. In today’s rapidly evolving business landscape, collaboration is […]
Read MoreFinding the right Sacco in Kenya, one that meets your goals is essential, not only for your financial growth but also for the safety of your money. It is, therefore, vital to do your homework beforehand to ensure you’re settling for the best deal. There are unlimited options for Saccos in Kenya, which is an excellent thing because […]
Read MoreSome people have lost money in rogue Sacco that has conned people of their savings. This is not a trend in Kenya but neither should it deter you from saving in a Sacco, if you wish to. To begin with, Sacco is a great initiative that has seen many people save money and access loans at […]
Read MoreAre you interested in starting a business? Then you need resources and capital. So what do you do? If you are like most Kenyans, you head to your bank and inquire about a loan. While you may successfully get a loan, if you are considered low-income, the odds are you will be denied. That’s where […]
Read MoreMobile loan borrowing has been on the rise across Kenya. With growing smartphone availability and easy access to mobile money transfer and quick application turnaround, digital credit has sky-rocketed in this country. Mobile company Safaricom’s M-Pesa is a well-known example. It is no surprise; therefore, that digital lending has developed so strongly in Kenya. However, it’s not […]
Read MoreSavings and credit co-operatives (Saccos) have come under increasing public scrutiny of late, mostly on charges of loss of member funds. Let’s first understand Saccos; and to do that, we have to start with the co-operative movement. Co-operatives are defined as an independent association of persons united with a purpose to meet their common economic, […]
Read MoreHow to know if your SACCO is a deposit-taking SACCO or not Savings and credit co-operatives (SACCOs) have come under increasing public scrutiny of late, mostly on charges of loss of member funds. Let’s first understand SACCOs; and to do that, we have to start with the cooperative movement. Co-operatives are defined as an independent […]
Read MoreWhy Saccos should adopt cloud solution. Small Savings and Credit Co-operative Societies (SACCOs) can now eliminate the cost of buying computer servers and employing ICT personnel by tapping into cloud-based technology. It’s quite pricey to set up initially if a SACCO is to use on-premise technology. The initial CAPEX has made it difficult for small […]
Read MoreWebSacco is a new cloud platform for SACCOs who want to go online and on cloud and serve their customers in a better way by adopting easy to use technologies.
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