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To earn extra income, many science teachers often juggle part-time teaching roles in multiple schools or venture into business activities such as operating shops, which can be time-intensive and potentially compromise their professional teaching duties.
Some headteachers have expressed concerns that after the salary enhancement for science teachers, instances of absenteeism and focus on personal errands increased.
On one hand, UPSTU Members’ SACCO aims to empower science teachers economically… during our recent AGM, we distributed dividends to members with SACCO shares. We also offer development loans at low-interest rates to boost our members .
On the other hand, our union (Uganda Professional Science Teachers Union) remains dedicated to promoting the professionalism and commitment of its members.
In this session, Mr. Kwizera Robert (UPSTU Members’ SACCO Chairperson) shares practical tips on how science teachers can balance successful investments with unwavering professional excellence.

By SACCO Secretary Officials from Ministry of Trade, Industry and Co-operatives, Board members, other committee members and UPSTU MEMBERS’ SACCO

The Executive committee drafted 8 policies on 19th, April, 2024 with were presented to the 3rd UPSTU Members’ SACCO AGM

The Uganda Professional Science Teachers’ Union Members’ Savings and Credit Cooperative Society Limited is hiring! Available Positions: Interested applicants should

In this ProDev Hour session, hosted on 5th December 2024, we delve into practical strategies for effective loan repayment and how to maintain financial health. The session, facilitated by Chemisto Sulaiman, Treasurer of UPSTU Members’ SACCO, covers vital insights for science teachers and other professionals striving for financial stability despite enhanced salaries.
💡 Session Highlights:
1️⃣ Loan Repayment Strategies:
• Understand loan terms.
• Create a repayment plan and budget.
• Set up payment reminders.
• Make extra payments when possible.
• Communicate with your lender during financial challenges.
2️⃣ Loan Approval and Financial Management:
• The 6Cs Criteria for lending, condition (purpose), capital (shares), capacity (salary-to-loan ratio), collateral(security), character, (known behavior) and communication.
• Tips for cutting unnecessary expenses and increasing income.
• Advice on staying professional while pursuing side hustles.
3️⃣ Maintaining Financial Health:
• The importance of avoiding unnecessary loans.
• Tracking progress and prioritizing repayments.
4️⃣ SACCO Membership and Loans:
• Membership process: minimum fees, savings, and share capital requirements.
• Loan eligibility criteria and interest rates.
• Clarification on SACCO membership benefits, shareholding, and government regulations.
5️⃣ Interactive Q&A Session:
• Addressing concerns about group memberships, standing orders, and mismanagement rumors.
• Encouraging teamwork, investment in shares, and SACCO growth.
🔗 Topics Discussed Include:
• Types of loans: Emergency loans, salary loans, agricultural loans, business loans, and more.
• How to utilize SACCO membership for financial empowerment.
The session concluded with closing remarks by Chemisto, celebrating the SACCO’s growing membership and the positive engagement from participants nationwide.
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#UPSTUProDev #LoanRepayment #FinancialHealth #Empowerment #SACCO #ProfessionalDevelopment

As UPSTU Members’ SACCO receives its permanent certification from the Ministry of Trade and Industry, we take a moment to

We are thrilled to announce a momentous achievement in the journey of UPSTU Members’ SACCO. After months of dedication and

1. “UPSTU Members’ SACCO: Empowering Union Members Through Financial Stability” Since its inception in early 2020, UPSTU Members’ SACCO has