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  • WSACCO not to rush into commercial banking

    Chief of Defense Forced General Katumba Wamala argued Wazalendo SACCO not to rush to turn into a commercial bank, but go slow and keep consulting and getting advise from financial experts and added that we should not run before we walk, the call was made while addressing the 9th AGM at Lugazi. He further pointed out that the participants had freely interacted with several experts and they should go back to their areas of responsibility as role models, examples, and better leaders. He added that he was immensely glad to be part of the AGM, he observed that Wazalendo SACCO had grown in terms of membership, loan portfolio, and reach out, which is a positive step towards a right direction and noted that Wazalendo SACCO’s institutional capacity to meet customer’s needs had greatly grown so its mission and vision.

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