Leaders of Kyamuhunga People’s SACCO (KYAPS) have called on members to uphold core SACCO values and strengthen their financial discipline as the institution continues to register steady growth.
The call was made by the General Manager, Atwijukire Johnbosco, during the pre-Annual General Meeting for the Katerera Branch held at Katerera Playground in Rubirizi District ahead of the 2026–2027 financial year.
Atwijukire urged members to increase participation in the SACCO through higher savings, share capital contributions, and responsible borrowing to further boost the institution’s loan portfolio and overall performance.
He cautioned members against multiple borrowing and the misuse of loans for non-productive purposes. He noted with concern that some members divert funds to activities such as excessive social spending, gambling, and other non-income-generating ventures, which undermines both personal financial stability and the SACCO’s growth.
“Members should only borrow with clear plans for investment and repayment,” he emphasised, adding that responsible borrowing and timely loan repayment are critical for sustaining the SACCO.
The General Manager commended members who consistently repay their loans, noting that this has contributed significantly to KYAPS’ stability and expansion.
Performance figures for 2025 indicate strong growth, with KYAPS membership standing at 59,454. Total savings reached UGX 25.594 billion, while cumulative loan disbursement stood at UGX 63.067 billion. Outstanding loans and loan portfolio were recorded at UGX 54.558 billion, share capital at UGX 12 billion, and net profit before tax at UGX 3.205 billion.
The Katerera Branch Manager, Niwabine Rodgers, highlighted the SACCO’s role in socio-economic transformation, noting that KYAPS has supported youth, women, and the elderly through boda boda loans, business financing, and other credit facilities. He said these initiatives have contributed to reducing unemployment and crime in the community.
Rodgers also pointed to the SACCO’s corporate social responsibility efforts, including support for education, community clean-up activities, religious institutions, and sports development.
He encouraged members to strengthen their savings culture and invest more in share capital to improve liquidity and reduce reliance on external borrowing.
Meanwhile, the Katerera Branch Chairperson, Muhereza Ignisus, noted that the SACCO has played a key role in improving household incomes, supporting education, and reducing poverty among members.
He expressed appreciation to members for their continued support and teamwork, which he said has been instrumental in driving the SACCO’s steady progress.
KYAPS leadership reaffirmed its commitment to expanding financial inclusion and empowering communities through sustainable and member-driven financial services.
