Savings & Credit Cooperatives

Enroll in your market SACCO to participate in union benefits.

The Uganda Markets and Allied Employees Union (UMAEU) has also set up the Uganda Markets Union Savings and Credit Cooperative (SACCO), a member-driven initiative designed to promote financial inclusion and economic empowerment for market vendors and informal workers. Recognizing the challenges of accessing affordable credit and safe savings options, this institution provides a reliable platform for members to save, borrow, and grow their businesses.

Benefits of the Uganda Markets Union SACCO

• Savings Opportunities: Members can save regularly, building a financial cushion for future needs.
• Affordable Credit: Access to low-interest loans for business expansion, emergencies, or personal development for the member SACCOs and vendors.
• Advocacy and Financial Literacy Training: Equip members with the knowledge to manage their finances effectively.
• Member Ownership: As a cooperative, members have a stake in the SACCO, ensuring transparency and accountability.

Tailored Solutions: Financial products designed to meet the unique needs of informal workers, including flexible repayment plans.