Summary:
- Established over a decade ago, Mushanga SACCO has flourished, boasting 12 branches, 14 billion in membership, and 33 billion in voluntary savings. With ambitious plans, the SACCO envisions reaching trillions in membership savings in the coming years.
SHEEMA: In a heartwarming gesture of appreciation, Mushanga SACCO Limited has rewarded 440 of its loyal members across all 12 branches with Christmas gifts. The beneficiaries participated in the Christmas Bonanza Draw (locally known as Akazaano Kekiterekye Kya Christmas).
The grand ceremony took place on December 20, 2024, at the SACCO’s main branch in Nyamufumura, Sheema Municipality, Sheema District, in Uganda’s Ankole region. Gifts included 60 cows, 188 goats, 163 hens, 441 crates of soda, and 383 branded Mushanga SACCO T-shirts. These tokens of appreciation underscored the institution’s gratitude for its members’ unwavering support and contributions to its growth.
Established over a decade ago, Mushanga SACCO has flourished, boasting 12 branches, 14 billion in membership, and 33 billion in voluntary savings. With ambitious plans, the SACCO envisions reaching trillions in membership savings in the coming years.
Addressing the winners, General Manager Goden Nankunda commended members for choosing Mushanga SACCO over other financial institutions. He pledged continued customer satisfaction and service excellence. However, Nankunda cautioned members against extravagant spending during the festive season.
“We know it’s your money, but please don’t withdraw and waste it or overspend as if there’s no tomorrow,” he advised.
Supervisory Committee Chairperson Ahimbisibwe Sam Barugahare, who presided over gift presentations in Kyangyenyi, Kakindo Town Council (Sheema), Rwentuha, and St. Kagwa (Bushenyi), encouraged members to remain steadfast in their personal and collective development. He urged them to apply for planned loans to avoid repayment difficulties and called on members to sensitize friends and family about joining Mushanga SACCO.
Chairperson of the Board of Governors, Bafaki Gerevazio, urged members and the general public to embrace a saving culture while cautioning against the pitfalls of irresponsible festive celebrations. “Indulgence in alcoholism or other risky behaviors during this season may lead to regrettable consequences, such as HIV/AIDS or criminal offenses like rape,” Gerevazio warned. He emphasized the importance of responsible spending and enjoyment during the holidays.
Speaking on behalf of the SACCO members, Henry Bamwine from the St. Kagwa branch, who won a cow, expressed heartfelt gratitude.
“We thank Mushanga SACCO for giving back to its people and for its transparent management,” he said.
