A SACCOs is a democratic, unique member driven, self-help co-operative. It is owned, governed and managed by its members who have the same common bond: working for the same employer, belonging to the same church, labor union, social fraternity or living/working in the same community.
The SACCOs aims a meeting the financial needs of all its members men/women, old/young, rich/poor in particular, by encouraging savings and granting loans to the members. In order to provide the best and most durable satisfaction to its members, the SACCOs is concerned about its own financial stability and to do so it must achieve profitable management on an ongoing basis. The mission of the SACCOs is to make available on site, to anyone wishing to join it, financial services under the best conditions, while enabling the cooperative to cover its operating expenses and providing for the economic education for its members.