munaku kaama kisubi sacco ltd

A New Way of Community Banking Where Community Member's Needs Come First

Munaku Kaama Kisubi SACCO LTD, Head Office: MKK SACCO House, Nabinonya Bearch/Kisubi Seminery Road.                  P. O. Box 39 Kisubi-Entebbe-Uganda
Tel:+2560414146975 , + 256 759318265. E-mail:munakusacco@gmail.com                                                              Web: www.munakusacco.yolasite.com    www.facebook.com/Munaku Kaama Kisubi Sacco
Munaku Kaama Kisubi SACCO LTD is regulated by Ministry of Trade and Cooperatives.

Welcome To

MUNAKU KAAMA KISUBI SACCO LTD

                                                       Thank you for joining Munaku Kaama Kisubi SACCO!

    When it comes to serving our members, we see our role as extending beyond simply safeguarding your money. We want to help you every step of the way toward meeting your financial sustainable development goals.

MKKSACCO Vision

To instill the sense of self reliance, sustainability and continuity of development within our locality

MKKSACCO Mission

To empower and develop economically, socially and spiritually the members of the society.

MKKSACCO Our Core Values

-Cooperative Centered                                       - Transparency                            -Integrity                                                             - Quality Services         -Convenience                                                        -Professionalism

                          MKK SACCO Objectives

1-To provide its members with savings, deposits, and related services earning competitive rates of interest and minimizing financial risks on such savings.                                                                                                                                                                                2- To provide its members with loan services at cost allowing the SACCO to cover its costs including legal reserves, for loan losses and other required reserves.                                                                                                  3-To curry out any other necessary legally authorized and economically feasible financial services demanded by its members.

                            MKK SACCO CORE ACTIVITIES

  • Shares & Savings mobilization programs and branding campaigns.
  • Credit programs and services based on the borrower repayment capacity.
  • Individual as well as joint financial programs and services with other entities with similar objectives.
  • Financial Literacy Education programs on savings, loans and other financial services and products, their use and consumption as well as consumer protection programs regarding financial service and general cooperative issues.

WHY CHOOSE MUNAKU KAAMA KISUBI SACCO

   -Convenient money management                                   -Managing your money

  -Managing your loan .                                                      -Managing your savings

   -Managing your wealth development.                         -Help for self-help.

-I n community financial house.                                    -Investments and Development Plan Retirement plan

 

ABOUT Mkk SACCO LTD

Who We Are

Mukaku Kaama Kisubi SACCO is a Savings and Credit Co-operative Society registered under the Co-operative Act Cap 112 as Registration No 9138. It is affiliated to Uganda Co-operative Savings and Credit Union Ltd (UCSCU)and Uganda Co-operative Alliance (UCA). UCCF, Uganda Institute of Bankers, Wakiso SACCO Union. It was registered on 22ndSept2009.

Mukaku Kaama Kisubi SACCO is a community membership based SACCO composed of Kisubi community members and other individual form Katabi and Sisa Sub County Wakiso District.

September 22, 2009 saw the birth of MUNAKU KAAMA KISUBI SAVINGS AND CREDIT COOPERATIVE SOCIETY LIMITED. Community members were encouraged to join the society, save together for the future and use the savings to access loans (credit) to enhance their individual welfare both socially and economically.

Hence the motto “OBUMU GE MANYI” It had mobilized a membership of 2000 by end of 30 May 2016. The membership has grown by leaps and bounds since its inception in 2008


Financial Performance

Munaku Kaama Kisubi SACCO Financial Performance

As reflected in the audited financial statements Munaku Kaama Kisubi Savings and Credit Cooperative Ltd realized an increase of 12% in its profitability during the financial year ended 31 Dec 2015 .

This remarkable improvement in profitability is attributable to the vigorous initiatives in mobilization and sensitization of members to increase their saving culture and accessibility of affordable loan products that has increased the loan disbursements and other SACCO products and services.

During the same period, Munaku Kaama Kisubi SACCO registered an increase of 53% in equity and reserves.

Key Financial  Ratios 2015 2014       

  Liquidity ratio 59% 34% Operating self sufficiency 104% 117% Financial self sufficiency 21% 11% Return on Assets (ROA) 14% 29% Debt to equity ratio 53% 6% Capital adequacy ratio 14% 10% Profitability 12% 10%

MUNAKU KAAMA KISUBI SACCO  ltd     GOVERNANCE AND LEADERSHIP

MKK SACCO Leadership is a going concern. The SACCO has a standard cod of conduct for the Directors which operates in harmony with the cooperative status, the bylaw and the working policy to ensure that elected leaders work within the corporate governance structure.  The BOD have come up with a standard measure of leadership succession plan to ensure continuity in operations and service delivery to members since every after two years the SACCO leadership is put to the entire membership to elect new leadership according to their will after being appraised and vetted.

CHAIRMAN. MR. MAKUMBI T. JUDE                                   VICE CHAIRPERSON -MS. SANYU MARY                          SECRETARY -MS. NAKIMULI JACQUELINE.                      TREASURER. KABUYE JAMES

                          BOAD MMEMBERS.                                MR. MUKASA  SIMON PETER KIWESI  ,                        MR. KIGUNDU JONH BAPTIST,                          MR.MUKOPI DOMINIC,                                               MR.KAMULEGEYA ANTHONY,                        MS.GWOKYALA ELIZABETH

CHAIRMAN : LUTAYA LAWRENCE                   SECRETARY: BANADA CHARLES                               MEMBER:  NABAWANGA DEBURAH

MANAGER . MS.NANSALIRE SARAH.     ACCOUNTANT.  MS.NASSOLO HARRIET.                         LOANS OFFICER. KASUMBA JOHN C.                        FIELD OFFICER.MR. BAGONZA BONIFACE STEVEN. FIELD OFFICER. MS.BABIRYE MADRINE.          CASHIER. MS. NASSUNA GORRET                             OFFICE ASSISTANT. MS.NABULYA RUTH .

 
 

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