No, you can only apply for loans after being a member for at least 3 months for overdraft loan and 6 months for emergency and ordinary loans.
The HSS-MAG General Assembly that took place at Lemigo Hotel on October 28, 2021, approved a resolution of HSS-MAG shifting from informal microfinance institution (tontine) to formal microfinance institution, specifically, a SACCO. This is to provide improved financial services to our members.
The web portal is our members’ online platform which helps them check their account statuses, loan applications, loan repayment, etc. We made tutorials to help you navigate through the system. Visit our website on the Web Portal menu for everything related to the Web Portal.
You may download the membership form on our website under forms and links, fill it and send it to info@mugangasacco.rw. Then, download the HSS-MAG savings commitment form, fill it and send/hand it to your Human Resources Personnel. In the near future, members will be registering via the web portal.
As the HSS-MAG transitions from a tontine to the much-awaited SACCO, the New Board takes office. They replace the founding members of the board. On November 12, 2021, the Incoming and Outgoing Board with the presence of the members of the Credit and Audit committees, as well as the management team gathered for a …
HSS-MAG General Assembly took place on October 28, 2021. About 100 delegates convened at Lemigo hotel, approved a resolution to shift from tontine to SACCO (Savings and Credit Cooperative Organisation). The HSS-MAG operated as informal microfinance which had consequences, and among them were governance risks and reliance on members’ savings which was not sustainable in …
