Muganga SACCO

News

General Assembly: March and May 2024

Muganga SACCO Board of Directors recently convened its Ordinary and Extraordinary General Assemblies, marking significant milestones in its journey towards cooperative development and financial empowerment. Here’s a summary of the resolutions passed during these pivotal meetings: Ordinary General Assembly – March 28, 2024: The Ordinary General Assembly, held at the Lemigo Hotel, was a platform …

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Annual Report 2022

We are pleased to present to you the annual report of Muganga SACCO. This report highlights our cooperative’s accomplishments and financial performance during the fiscal year 2022.

HSS-MAG to become a SACCO

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 …

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