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About Mphunzitsi SACCO

Our Motto

Realise your dream

Mission statement

To provide quality and affordable financial services and products for the socio-economic advancement of its members, whilst meeting the reasonable expectations of all stakeholders.

GOALS AND OBJECTIVES

The primary goal of Mphunzitsi SACCO is to improve the economic and social welfare of its members as espoused in the mission statement of the SACCO. This agenda is also being championed in the 2022-2024 Strategic Plan. It is envisaged that this goal will be achieved through the following initiatives:

  • Acquiring funds from members through the issue of shares and acceptance of deposits
  • Introducing competitive rates for our members
  • Providing financial relief to members in need by enabling them obtain loans for productive as well as provident purposes at competitive interest rates and terms of payment
  • Being responsive to member needs through enhanced member services
  • Training members of staff who are central in the process of member services delivery.
  • Providing education to SACCO members in the management and control of money
  • Developing a culture of self-reliance in SACCO members
  • Developing a sense of honesty and responsibility in SACCO members through member education
  • Training members in financial literacy
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