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UPDF’s Wazalendo SACCOS registers over sh54b in profits
UPDF established a savings and credit cooperative society in 2005 as a vehicle for financial inclusion
The newly-opened Wazalendo SACCOS offices in Entebbe. Photo by Julius Luwemba
By: NewVision Reporter, Journalists @NewVision
Launched in 2005, the Wazalendo Savings and Credit Cooperative Society (SACCOS) has since grown to a shared capital of sh219b, savings of sh235b plus assets worth sh620b.
The savings group under