Members enjoy numerous benefits, including:
Safe custody for savings, accessible anytime.
Low-interest loans to support personal and professional growth.
Dividends on shares and savings, enhancing your financial portfolio.
At UPSTU Members' SACCO
We are dedicated to the following:
01
Saving Culture
Promoting a culture of savings and financial security among our members.
02
Fair Interest Rates
Offering access to fair and reasonable interest rates on loans.
03
Economic Improvement
Providing opportunities for socio-economic improvement through mutual support.
Save Together, Grow Together
UPSTU MEMBERS’ SACCO was started with an aim of empowering science teachers in Uganda to manage their finances better and develop themselves as they perform their professional work.
Call to Action
We are committed to utilizing SACCO powers for the ultimate benefit of our members.
Why Join Us?
News & Notices
Frequently
Asked Questions
- UPSTU MEMBERS’ SACCO stands for Uganda Progressive Science Teachers' Union Members' Savings and Credit Cooperative Society. It was established as a fundraising group in 2020 to support the registration of UPSTU union and provide financial assistance to its members.
- UPSTU MEMBERS’ SACCO operates as a cooperative society where science teachers pool their savings and collectively provide credit facilities to members in need. It functions under the regulations set forth by the Ministry of Trade and Industry.
- The primary purpose of UPSTU MEMBERS’ SACCO is to enhance the welfare of science teachers by providing them with quality financial services. This includes savings accounts, credit facilities, and other forms of financial assistance.
- Membership in UPSTU MEMBERS’ SACCO is open to science teachers who are members of the Uganda Progressive Science Teachers' Union (UPSTU). Those interested in joining must meet the eligibility criteria set by the SACCO.
- UPSTU MEMBERS’ SACCO benefits its members by providing them with a platform to save money, access affordable credit, and improve their financial well-being. It also promotes the socio-economic welfare of science teachers through various initiatives.
- The founding executive board, led by Mr. Elong Vicent as the founding chairperson and Mr. Mugaiga Aron as the founding secretary, played a crucial role in establishing and guiding UPSTU MEMBERS’ SACCO through its initial stages. They provided the energy and leadership needed to ensure its success.