UEDE Cooperative is a registered Savings and Credit Co-operative Society whose main objective is to mobilize savings from members and in return provide credit facilities educating the members the advantages of developing a savings behavior, through proper investment best practices aimed at improving the social and economic conditions of the members.
The idea of forming a SACCO was conceived in a staff meeting held on 24th January 2011. Why?.., limitations on salary advances of not more than 6 months. It was temporary registered on 13th May 2011 with 30 members. It was permanently registered on 13th Sept 2013 with 58 members.
Our Vision
To be the leading Cooperative Savings and Credit Society in Uganda
Our Mission
To promote savings mobilisation and offer timely and affordable credit services to members for personal development and wealth creation
Our Core Values
Honesty, Equity, Democracy, Openness and Solidarity
Enjoying lower interest rates currently at (9.5% vs 19.85%)
Members are paid dividends on shares and interests on savings at year end out of the profits made
Way Forward
Increase individual savings up to 200,000 per month, Increase individual shares to a minimum of 200 and maximum of 5200 shares, More staff should join to secure their future