UMA SACCO Newsletter Issue 04 February 2022

As we reflect on the SACCO’s last year’s performance, we would like to take a moment to appreciate all of you – our valued members, committee members, manage- ment staff, – for the long hours that you all put in last year to stand on behalf of our community.

Your commitment, dedication, and non-stop diligence have resulted in remarkable prog- ress. The list of accomplishments that we achieved last year is impressively robust. Here are just a few highlights of what we have managed to achieve together.

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The UMA SACCO Extra Ordinary General Meeting approved a reduction in the loan interest rate from 16% to 15%  per year on a reducing balance.

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