Mulusa Academy SACCO
The Mulusa Academy Savings and Credit Cooperative Organization (SACCO) is a financial initiative established to support the school’s staff, parents, and wider community. The SACCO promotes financial empowerment by encouraging a culture of saving and providing access to affordable credit for its members.
About the SACCO
Founded to complement the educational mission of Mulusa Academy, the SACCO focuses on creating financial stability and opportunities for its members. Through responsible financial management and mutual support, the SACCO has become an essential pillar of the Mulusa Academy community.
Objectives
- Promote Savings: Encourage members to develop a consistent habit of saving for future needs.
- Provide Affordable Credit: Offer low-interest loans to support personal and business ventures.
- Enhance Financial Literacy: Equip members with the knowledge and skills to manage their finances effectively.
- Strengthen Community Bonds: Foster a sense of unity and mutual support among members.
Membership Benefits
Savings Growth
Earn competitive interest on savings.
Access to Loans
Obtain quick and affordable loans to meet personal or business needs.
Emergency Support
Access funds during emergencies or unexpected situations
Financial Advice
Benefit from training programs and workshops on financial literacy and planning.
Community Empowerment
Participate in initiatives that improve the economic well-being of members and their families.
Eligibility for Membership
The SACCO is open to:
- Teaching and non-teaching staff of Mulusa Academy.
- Parents and guardians of students at the school.
- Alumni and other community members committed to the SACCO’s mission.
HOW TO JOIN
Joining the Mulusa Academy SACCO is easy: