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NETWORKS DETAILS

NETWORKS DETAILS

THE SAVINGS AND CREDIT COOPERATIVE UNION LEAGUE OF TANZANIA (1992) LIMITED (SCCULT)

VISION

To be a leading player in Co-operative Microfinance activities in the country.

 

MISSION STATEMENT

To promote, develop and strengthen SACCOS in Tanzania by providing unique and diversified financial goods and services in competitive environment that will assist individual members to alleviate poverty, command respect and dignity where equity and justice will prevail in line with Co-operative principles.

 

MEMBERSHIP CRITERIA

A SACCOS wish to be SCCULT member: 
- Must be a registered one and must have a certified copy of resolution .
- Must be established within saving and credit societies principles, and   operating practices as required by its by-laws. 
- Must be in a good financial position

Members are obliged to pay the following:
- Entrance fee
- At least two shares
- League annual subscription fee
- Central finance program savings and loans
- Any contribution as may be required by the SCCULT

All applications for membership  shall finally be considered and approved by the union league general meeting.

 

CURRENT MEMBERSHIP

There are 1507 registered SACCOS  with 217,248 individual members but only 761 are active SACCOS. 
SACCOS affiliated to SCCULT count to 657 with 92,687 individual members. 242 SACCOS are Rural SACCOS where as 415 are Urban SACCOS.

 

LIST OF ACTIVITIES

  • Education and training
  • Central finance program
  • Business Development and Marketing
  • Planning, Research and Consultancy
  • Sales and distribution of Stationery and Equipment
  • Risk Management Program
  • Accounting pool services

 

LIST OF BOARD MEMBERS

SCCULT board consist of 8 board members namely;

Sufiani Komesha - Chairman
Suleiman Namahindika - Vice Chairman
Stella Mutayabarwa - Members
Jenifa Lyatuu - Members
Paul Batungi - Members
Philip Kimathy - Members
Onesmo Kusekwa - Members
Mohamed Shekiondo - Members

 

CONTACT PERSON

Mr A. Mshaweji
Executive Secretary
Physical Address: P.o Box 20640
                         10th Floor, Room No. 10,11&12
                          Coop. Building, Lumumba Street
                          Dar Es Salaam, Tanzania


Phone:  255 22 218529, 0741326719
Cellurphone: 0741326719
Fax:  255 22 2180477
Email: sccult@covision2000.com

 

 

What is New ...


Mwahija Magoti Kariakoo, Dar es Salaam "Since I was 11 years old, I was dreaming to be an entrepreneur. With the loans provided by Forum for Women Development Initiatives (FOWODI), I have been able to realize my business dreams. Now I'm selling so many "khangas" and "vitenge" retail and wholesale.

 

Copyright (c) 2005 --- Bank of Tanzania