Know Your SACCO

Quick Loan

Get up to 4 months to repay your loan. Competitive interest rate: 4% per month. 

Savings Accounts

Our savings accounts are designed to help our members save money for the future.

Loan Services

We offer a variety of loan options to help our members finance their personal and business needs.

Investments

The SACCO provides investment avenues for members to venture into at an individual level.

Membership is voluntary & open to all C-Care Staff and Vendors. An application form is available and can be accessed from the SACCO webiste or C-Care Staff SACCO office at Okello building. One will need a passport photo, and copy of your National ID which you will present to C-Care Staff SACCO Administrator for further processing.

You will additionally pay a Registration fee of 10,000/= which is mandatory and nonrefundable, purchase 5 shares worth 50,000/= and 50,000/= minimum saving deposit that brings it to a total of 110,000/=

Members benefit by;

  • Gaining access to cheap and easy loans.
  • Growing savings consistently.
  • Obtaining dividends from their share capital.

The loanable amount is up to 3 times your accumulated savings in the SACCO except for an Emergency loan.

Whilst we aim to have quick and easy loans, your loan application goes through the Loans Committee which vets all applications before final approval and disbursement of funds.

You become eleigible After saving for three months while taking into consideration the minimum contribution. Consistency in savings will give you a better chance of getting a loan.

Yes, your security is the accumulated member savings plus guarantors who must be active members of the SACCO or any other security as advised by the loan committee.

At least 3 guarantors are needed and they should all be active existing C-Care Staff Sacco Members.

Yes, you can access your savings within 24 hours from the time of request. Each withdrawal attracts a fee of 2,000/=, with exception of loan withdrawals.

Yes they do, and the percentage earned is based on the share capital held by the member and on how much surplus the SACCO has earned at the end of the financial period.

Yes, you can get both you savings and loan statement in hard or soft copy at a cost of UGX 1,000/=

You can place a monthly standing order with the HR though the SACCO office. You can deposit cash directly at the office or through our MTN or Airtel Merchant code, or Alternatively you can deposit to our bank account no: 0300150399 HOUSING FINANCE BANK.

MTN Mobile money

  1. Dial *165*4*4#
  2. Enter code: IMGSACCO
  3. Enter reference (reference should be your name)
  4. Amount
  5. Enter PIN

Airtel money

  1. Dial *185*9#
  2. Enter business number: 1195561
  3. Enter amount
  4. Enter reference / reason (please note, reference should be both your names)
  5. Enter PIN

You will receive notification of deposit.

Resigning from C-Care does not mean exiting the SACCO. You can explore the different deposit options which include; placing a standing order with your bank, using the merchant codes or depositing directly on your bank account.

Yes, but you have to give the SACCO thirty (30) working days written notice. This time will enable the SACCO to get another member to whom the shares can be transferred.

Otherwise, you can also get an interested party who is a member to quickly transfer your shares to.

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