Uganda Peoples Defence Forces UPDF Wazalendo SACCO

Uganda Peoples Defence Forces UPDF Wazalendo SACCO

Uganda Peoples Defence Forces UPDF Wazalendo SACCO – Check below:

Wazalendo SACCO is a Ministry of Defence and Veteran Affairs (MODVA) and Uganda People’s Defence Forces (UPDF) Co-operative Society that enables its Members to come together and pool funds (Savings) so that, they can access Loans (Credit) to engage in productive activities for improving their welfare. It was registered in September 2005 and has been the leading and exemplary Sacco in the country.

Wazalendo Savings and Credit Cooperative Society (WSACCO), also referred to as Wazalendo Sacco, is a savings and credit co-operative society in Uganda. It is an institutional Sacco composed of Uganda People’s Defence Force (UPDF) personnel and their families, UPDF Reserve Forces, and staff of Uganda’s Ministry of Defence. WSACCO is affiliated with the Uganda Co-operative Savings and Credit Union Limited and with the Uganda Co-operative Alliance.

HISTORY : Uganda Peoples Defence Forces UPDF Wazalendo SACCO

WSACCO was established on 22 September 2005 with initial savings of about US$96,000 (UGX:238 million). Membership is restricted to persons in active service with the UPDF and their families, UPDF veterans and their families, and staff of the Ministry of Defence in Uganda and their families. The main objective is to mobilize savings and make loans to members at reasonable interest rates to improve their welfare. WSACCO adopted “Save for the Future Development” as its slogan. By 30 June 2011, 61,482 members had joined. By February 2012, membership had increased to 65,741 and total savings were valued at approximately US$9.23 million (UGX:23 billion), making WSACCO the largest savings credit union in Uganda. As of April 2014 the WSACCO’s total assets were valued at approximately US$43.7 million (UGX:109 billion) with shareholders’ equity of about US$30.1 million (UGX:75 billion) and a loan portfolio estimated at US$35 million (UGX:87 billion).

As of December 2014, the WSACCO’s membership had increased to over 73,000. Shareholders equity stood at USh67.4 billion (US$23.4 million). Total assets were valued at USh131.1 billion (US$45.5 million). The total loan book stood at USh116.3 billion (US$40.4 million). WSACCO made after-tax profits of USh9.5 billion (US$3.3 million), for the calendar year ending 31 December 2014.

Branch network

As of March 2015, WSACCO maintained the following branches:

  1. Achol-pii Branch – Achol-pii
  2. Arua Branch – Arua UPDF Barracks
  3. Head Office – Bombo UPDF Barracks
  4. Bombo Branch – Bombo
  5. Entebbe Branch – Entebbe
  6. Gulu Branch – Gulu
  7. Jinja Branch – Jinja
  8. Kakiri Banch – Kakiri
  9. Kotido Branch – Nakaprimoli, Kotido District*
  10. Masaka Branch – Masaka
  11. Masindi Branch – Masindi
  12. Mbale Branch – Mbale
  13. Mbarara Branch – Mbarara
  14. Moroto Banch – Moroto
  15. Mubende Branch – Mubende
  16. Muhooti Branch – Muhooti
  17. Nakasongola Branch – Nakasongola UPDF Air Base
  18. Ssingo Branch – Kaweweeta, Nakaseke District
  19. Mogadishu Branch – Somalia

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SEE ALSO:

1 Uganda Peoples Defence Forces ACT 2005

2 Uganda Peoples Defence Forces Recruitment Intake

3 Uganda Peoples Defence Forces Recruitment Application Procedure

4 Uganda Peoples Defence Forces Recruitment Application Deadline

5 Uganda Peoples Defence Forces Recruitment Shortlisted Candidates

6 Uganda Peoples Defence Forces Cadet Recruitment Shortlisted Candidates

7 Uganda Peoples Defence Forces Officers Recruitment Shortlisted Candidates

8 Uganda Peoples Defence Forces LDU Recruitment Shortlisted Candidates

9 Uganda Peoples Defence Forces Recruitment Medical Examination

10 Uganda Peoples Defence Forces Recruitment Medical Examination Date

11 Uganda Peoples Defence Forces Recruitment Medicals Examination Shortlisted Candidates

12 Uganda Peoples Defence Forces Recruitment Interview

13 Uganda Peoples Defence Forces Recruitment Interview Date

14 Uganda Peoples Defence Forces Recruitment Interview Shortlisted Candidates

15 Uganda Peoples Defence Forces Recruitment Interview Questions and Answers

16 Uganda Peoples Defence Forces Recruitment Portal

17 Uganda Peoples Defence Forces Recruitment Dates and Centers

18 Uganda Peoples Defence Forces Pass Out

19 Uganda Peoples Defence Forces Pass Out List

20 Uganda Peoples Defence Forces Recruitment Screening and Selection Process

21 Uganda Peoples Defence Forces Recruitment Screening Shortlisted Candidates

22 Uganda Peoples Defence Forces Ranks Insignia and Badges

23 Uganda Peoples Defence Forces Salary Scale

24 Uganda Peoples Defence Forces Ranks and Salary Scale

25 Uganda Peoples Defence Forces Generals

26 Uganda Peoples Defence Forces Officers

27 Uganda Peoples Defence Forces Army

28 Uganda Peoples Defence Forces Allowances

29 Uganda Peoples Defence Forces Air Forces

30 Uganda Peoples Defence Forces Brass Band

31 Uganda Peoples Defence Forces Cadet Training

32 Uganda Peoples Defence Forces Cadet Recruitment 2020

33 Uganda Peoples Defence Forces Cadet Recruitment Application Deadline

34 Uganda Peoples Defence Forces Officers Recruitment

35 Uganda Peoples Defence Forces Officers Recruitment Application Deadline

36 Uganda Peoples Defence Forces code of conduct

37 Uganda Peoples Defence Forces Divisions

38 Uganda Peoples Defence Forces Gazette Uniform

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