Nyakayojo SACCO Ltd is a member owned and fast-growing SACCO in western Uganda with a membership of about 18,000 members across the region and recently conducted a series of Pre-Annual General Meeting (Pre-AGM) activities across its branches in Mbarara, Isingiro and Ntungamo as part of preparations for the upcoming Annual General Meeting. The meetings were aimed at strengthening member education, participation, enhancing transparency, and ensuring that members are fully informed about the SACCO’s performance of 2025 and future direction.
These Pre-AGM meetings provided an important platform for members to interact with SACCO leadership and management. During the sessions, members were briefed on the SACCO’s operational and financial performance over the past year, including developments in membership growth, savings mobilization, share capital, and loan portfolio expansion over the years. Members had the opportunity to ask questions, provide feedback, and discuss issues affecting service delivery in their respective branches. This open dialogue reflects Nyakayojo SACCO’s commitment to transparency, member education and democratic member participation, which are core principles of cooperatives.
Financial Literacy and Member Empowerment Alongside the meetings, members also benefited from financial literacy training sessions designed to empower them with knowledge on responsible borrowing, savings culture, and effective financial planning. The training emphasized the importance of increasing share capital and maintaining a strong savings culture to strengthen both individual financial stability and the overall sustainability of the SACCO. Through these sessions, members were encouraged to take full advantage of the financial products and services offered by the SACCO while maintaining sound financial management practices. Reviewing Performance and Future Plans During the Pre-AGM engagements, Nyakayojo SACCO’s Board and management highlighted key achievements made during the year, including improvements in service delivery, Nyakayojo tweyambe scheme for members to help them in times of death, policy reviews and new loan products, as well as continued investment in systems that enhance operational efficiency.
Members were also informed about ongoing initiatives aimed at expanding access to affordable financial services within the community especially in underserved communities such as Nakivale extension for Rugaaga branch, business opportunity in Rubaare all intended to serve a diverse portfolio of members. In addition, the meetings served as a forum where members could present ideas, concerns, and recommendations that will be compiled and presented at the Annual General Meeting for further discussion and decision making. Mr. Asiimwe Robert a.k.a Omutyazi the financial literacy trainer encouraged members to work hard to improve their house hold incomes, he reflected on the challenges of members who guarantee loans and don’t want to pay by reflecting on words of the bible from Proverbs 11:15 and encouraged members to take responsibility to remind borrowers to pay back money they borrowed from the SACCO as the only way to safe guard member savings. Nyakayojo SACCO leadership commended members for their continued commitment, trust, and active participation in the SACCO’s activities.
The Pre-AGM meetings reaffirm the institution’s dedication to ensuring that members remain at the center of its operations and governance. As the SACCO prepares for the Annual General Meeting on Tuesday 17th March,2026 members are encouraged to continue participating actively in SACCO programs and to support initiatives that promote financial growth and community development. The success of the Pre-AGM activities demonstrates the strong partnership between Nyakayojo SACCO and its members. With continued engagement, transparency, and responsible leadership, the SACCO remains well positioned to deliver sustainable financial services and improve the economic well-being of its members.
