MBARARA, UGANDA: For Four years, MDT SACCO Ltd has been building its presence in Uganda’s financial services sector, growing its membership to more than 4,000 people while expanding access to savings, credit and other financial services through its growing branch network.
The SACCO, which started operations in 2022, has its main office in Koranorya, Mbarara City, with branches in Kashaka, Bugamba and Buremba.
The expansion has enabled the institution to bring its services closer to members in different communities
At the centre of MDT SACCO’s growth is a business-oriented approach focused on supporting individuals, entrepreneurs and local businesses with financial solutions designed to help them start, expand and strengthen their economic activities.
According to the SACCO, its mission is to empower local businesses and individuals by providing financial solutions that can help entrepreneurs grow their businesses while enabling families to improve their livelihoods.
MDT SACCO provides savings and loan services alongside other financial solutions designed to meet the needs of its members.
The SACCO offers financial products including loans, savings plans and investment options, while also providing business support services such as financial advice and training.
The approach places emphasis not only on providing credit but also on helping members make productive use of financial resources.
For entrepreneurs and traders, access to financing can provide an opportunity to increase stock, expand operations or invest in new business activities.
Farmers and other members can similarly use financial services to support their economic activities and household needs.
The expansion of MDT SACCO from its main office in Koranorya to Kashaka, Bugamba and Buremba has increased its geographical reach.
The branch network enables members to access SACCO services closer to their homes and businesses, reducing the distance they may otherwise have to travel to obtain financial services.
The SACCO also highlights accessibility as one of its priorities, combining in-branch services with digital platforms to make its services more convenient for members.
A Focus on Community DevelopmentMDT SACCO says its work extends beyond financial transactions to supporting local communities.
The cooperative model also allows members to participate in an institution designed around the financial needs of its membership.
Building Trust Through Customer Support Customer service is another area highlighted by MDT SACCO.
Its stated focus includes supporting local entrepreneurs and contributing to community development through financial services and other programmes.
Through savings, lending and business support, the SACCO seeks to encourage members to participate in economic activities while improving their ability to manage and grow their finances.
The SACCO’s team says it is committed to providing personalised support and helping members understand the financial products available to them.
Financial literacy is also part of its approach, reflecting the importance of helping members understand savings, borrowing and financial planning.
As MDT SACCO Ltd marks four years of operation, its expansion from its main office in Koranorya to branches in Kashaka, Bugamba and Buremba demonstrates its effort to bring financial services closer to communities in and around Mbarara.
With more than 4,000 members, the SACCO says it remains focused on supporting individuals and businesses through accessible savings, loans and other financial services.
Its four-year journey highlights the role that savings and credit cooperatives can play in promoting savings, supporting entrepreneurship and improving access to financial services.
Looking ahead, MDT SACCO Ltd says it intends to strengthen its services, expand its reach and continue supporting members seeking financial opportunities for their businesses and livelihoods.
The best
I have been enjoyed MDT SACCO, services for more than 2.5years. I really recommend it’s worthy 👍
It’s my best Sacco in Western Uganda