About
About UPSTU Members SACCO
UPSTU MEMBERS’ SACCO was started with an aim of empowering science teachers in Uganda to manage their finances better and develop themselves as they perform their professional work.
This is to be done through training science teachers about financial management, boosting their savings and providing low interest loans to them to improve their earnings and enhance their livelihood.
UPSTU MEMBERS’ SACCO was registered by the Ministry of Trade and Industry on 26/11/2020 and obtained a probationary certificate. It was then issued with a permanent certificate March 2023.
VISION: Leading provider of quality financial services to boost the welfare of science teachers.
MISSION: “To empower science teachers enhance their savings, access convenient credit facilities to promote their social economic welfare through competent and professional human resources and use of technology in the dynamic competitive environment.”
CORE VALUES
1. EQUALITY2. CONFIDENTIALITY
3. ACCOUNTABILITY
4. TEAMWORK
5. DIVERSITY
6. INTEGRITY
Objectives
1. To promote the saving culture and financial security among members.2. To create a source of funds from which members can borrow at a fair and reasonable interest rates.
3. To ensure the progress of its members by educating them about proper financial management.
4. To provide an opportunity for each of our members to improve their social economic status through provision of mutual and self help among members.
5. To enhance unity amongst science teachers.
6. To perform all those functions and exercise powers designated for SACCO societies under the applicable role for the benefit of the members.
About this online system
The primary objective of developing this web-based system is to allow members to access their savings and loan records online with ease and flexibility.
To provide a user-friendly interface for members to view their account statements and transactions.
To improve the transparency and accuracy of the SACCO's records and reporting.
To increase the efficiency of the SACCO's operations by reducing the manual workload associated with keeping track of records.
To send email notifications to registered members and notices from the SACCO
To motivate and boost the number of SACCO clients, leading to increased growth for both the SACCO and the community at large.
