Kyamuhunga Jubilee SACCO marks 13th AGM with new head office and strong growth
The event, held on Thursday in Kyamuhunga Town Council, Bushenyi district, provided a platform for the board to account to members while unveiling new assets aimed at enhancing service delivery
BUSHENYI, May 4, 2026 — Kyamuhunga Jubilee SACCO has held its 13th Annual General Meeting [AGM], celebrating sustained growth and commissioning a new three-storey head office as it strengthens service delivery to members.
The event, held on Thursday in Kyamuhunga Town Council, Bushenyi district, provided a platform for the board to account to members while unveiling new assets aimed at enhancing service delivery.
Board Chairman Samuel Muhereza, announced the completion of a modern three-storey head office constructed at a cost of Shs 300 million. The facility is equipped with an internal lift to ensure accessibility for members with disabilities. The SACCO also unveiled a new double-cabin pick-up truck valued at Shs 200 million to support field operations and outreach.
“In our commitment to serve you better, faster and more efficiently, we commissioned a new SACCO vehicle. This investment will strengthen field operations, improve member outreach and ensure timely support to all our branches and savings groups, especially those in rural and hard-to-reach areas. No member will be left behind,” Muhereza said.
On the new headquarters, he added: “This building is more than bricks and mortar; it is a symbol of stability, growth and the bright future we are building together. It will anchor our SACCO’s presence for generations to come.”
The 2025 annual report highlighted solid performance despite economic headwinds, with notable growth in membership, savings and the loan portfolio. The SACCO has also prioritised digital transformation, rolling out mobile banking services to ease transactions.
Muhereza urged shareholders to utilise the SACCO’s products to combat poverty, pointing to flexible agricultural loans. “We lend according to seasons, and in some cases allow members to harvest before they begin repayment. Our loan products are designed to help shareholders grow, not trap them,” he explained.
Bushenyi District Commercial Officer Christine Hope Komujuni commended the SACCO for maintaining a growth rate above 30 per cent across key sustainability indicators, attributing this to strong member loyalty and regular consultation with district technical leaders.
“Among all children, there is always one you trust most because they keep consulting. Kyamuhunga Jubilee consults us frequently, and that has enabled them to perform well. Do not be surprised if they soon become the top-performing SACCO in the region,” Komujuni said.
The Deputy Resident District Commissioner of Sheema District, Sam Orikunda, who attended as chief guest, urged members to maintain strong loan repayment discipline. He contrasted the SACCO’s success with challenges faced by some government-backed Emyooga SACCOs.
“The reason some government SACCOs are collapsing is loan default. If you take a loan, ensure you repay on time to help the SACCO grow,” Orikunda advised.
General Manager Pamela Ntwirenabo said the institution has grown to 16,417 members since its founding in 2013.
She highlighted specialised products such as school fees loans, which have supported students to become professionals, and the “Super Woman Loan”, tailored for women without traditional collateral.
“Women can form groups, with one member providing a mortgageable asset as collateral for others. This allows them to access credit and repay collectively, promoting inclusive financial empowerment,” she said.
At the close of the AGM, the SACCO rewarded its most active members with gifts including goats and bedding in recognition of consistent saving, share purchases and timely loan repayment. Florence Kyosiimire, one of the beneficiaries, expressed gratitude for the recognition.
“We thank the board and staff for walking this journey with us for 13 years. Together, we are not just a SACCO; we are a movement for financial empowerment,” she said.
Since its inception, Kyamuhunga Jubilee SACCO has built a strong financial base, with savings of Shs 5.76 billion, share capital of Shs 2.69 billion and a loan portfolio of Shs 10.17 billion, generating a net surplus of Shs 1.22 billion.
Looking ahead, the SACCO’s 2026 work plan targets a loan portfolio of Shs 15 billion and membership exceeding 22,000 as it continues to expand financial inclusion and drive communities into the money economy.
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