Uganda Police Force UPF Exodus SACCO

Uganda Police Force UPF Exodus SACCO – Check below:

ABOUT EXODUS SACCO

Exodus Savings operates a savings programme in an integrated self sustaining manner. This means that in order to access credit from us, you must be a member and saving with us.

The credit is run in accordance with the principles of micro finance. Exodus SACCO targets at improving house hold incomes and in alleviating poverty through simple loans and grants to the members of the SACCO with viable projects/business plans and enterprises besides providing minimum financial assistance for the development of its members, their wives and civilians working with the Uganda Police force.

These operations are undertaken through the principles and practices that are compatible with the micro finance and in accordance with the objectives of the cooperative movement.

The SACCO participates in the activities of USCSU (Uganda Cooperative Savings and Credit Union Limited) especially the Life Savings Fund and the Loan Protection Fund to safe guard against loss in case of death or total and permanent disability of our members holding loans. The main objective of the programme is to provide easy access of loans to its members.

Target clientele.

Exodus SACCO is specifically relevant to members of Uganda Police Force family who are mainly low income earners and are not at times able to access financial services from the formal banking sector because they cannot meet the requirements given for the loans as they do not possess securities which is one of the rigid requirements of banks.

The time it takes for one to access the loan from banks is long and the interest charged is very high.

SEE ALSO: Recruitment Interview of Uganda Police Force

We have all seen where our men and women in uniform or police officers living. If you have passed thorough Naguru and other police quarters you would think the guys who stay there are not the ones who keep law and order in this city or even the country.

You have seen those huts and tins shelters that make you think we are until under the Amin regime where soldiers used to build huts in people’s compounds for shelter. I recall this from memory every time I pass by those police quarters, I was either 4 or 5 year old we had a hut that was built by military men in our compound for months, this was their shelter. They were many I think, I don’t remember correctly but do remember those very big black sauce pans and the many machine guns and grenade launchers in the compound.(story for another day)

Any way those huts remind me of times long gone and should be put in the Uganda Museum (Yes, the Museum where 40 days under 40 smiles is having a concert today 3rd July at 7pm to 11pm to raise money to build a dorm for orphaned children in Bombo, entrance is 10,000ugx or $3.5. Be there, I will be.) for culture arts remembrance.

Because of the poor state those shelters, homes or houses are, the Uganda Police Force (UPF) has a scheme called the SACCO-Exodus that focuses on a theme every time they meet and this time it is Mobilization, enhancement and advancement of welfare to help improve the livelihoods of the police officers.

The SACCO passed a resolution, to start a housing estate for officers and men who save with it during their two day Annual General Meeting (AGM) at UMA Conference hall Lugogo from 18th – 19th June.

The company going to build these houses is UGAVILLA Ltd which specializes in low cost housing that are believed to be affordable for the police officers.

The first phase is to begin with the two (Ugavilla and EXODUS) having acquired land in Gayaza that can put up upwards of 1000 houses ranging from 2 bedroom to four bedroom houses.There are going to be schools, health facilities and other social amenities in the estate.

So do you believe this plan will help improve the lifestyles of police officers and control some of the problems they face like the police stations in Mbuya?

Uganda Police Force UPF Exodus SACCO