According to Project for Financial Inclusion in Rural Areas(PROFIRA), 312 SACCOs in Uganda suffered
fraud and 64 out of 453 registered SACCOs collapsed in 2021.
Which one is your SACCO, have you closed down or on life support?
Currently several SACCOs in Uganda are facing fraud cases, defaulting on loan payments, low volume
of business and poor financial practices.
Mfuko plus SACCO (savings group, microfinance or investment club) management software helps
mitigate such occurrences as the system promotes transparency and accountability. The temptation
of SACCO leaders taking loans without interest or without the idea of other group members is
eliminated with Mfuko plus system as it has a detailed loan feature which reflects all loan
transactions disbursed among other things.
Mfuko plus SACCO management system empowers both the SACCO as an organization and its individual members for sustainable economic growth and development.
For more information about Mfuko plus SACCO management system click here
To request for a demo account on Mfuko plus SACCO management system Click here
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