SCCULT (1992)

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We Are SCCULT!

Strong SCCULT for SACCOS Welfare

The Savings and Credit Cooperative Union League of Tanzania (SCCULT) is the Umbrella Organization for SACCOS in Tanzania mainland. SCCULT (1992) LTD are advocators, lobbyists, representatives of the interests of SACCOS inside and outside the Country.

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SCCULT

Training and capacity building

The training program is intensively and technically prepared after conducting training need assessment from the members, no-members and stakeholders.

Internal auditing

SCCULT (1992) LTD offers Internal auditing services to all SACCOS that does not have the capacity to hire internal auditor as the Microfinance Act of 2018 requires.

ICT services

A small river named Duden flow by their place and supplies with the necessary

Central Financing Facility

The financial intermediation service allows SCCULT (1992) Ltd to connect with other financial service providers whenever they come with safe and beneficial products that intent to help SACCOS and its members.

Planning, Research and Consultancy

we also offers the planning services that includes preparation of Strategic Plans, working plans, diagnostic research and advice in order to ensure efficiency and effectiveness in SACCOS operations.

Legal service and counseling

It aims at helping SACCOS in contractual agreements, court cases and settling of various issues that requires legal expertise.

Know Who We Are

About our SCCULT

SCCULT (1992) Ltd has established relationships with different stakeholders with the aim to improve its operations and the operations of the Savings and credit cooperative societies in Tanzania Mainland.

To promote the business of micro savings and micro credit amongst its members.

Hassani Mnyone

- CEO @ SCCULT

We Offer Planning, Research & Consultancy

SCCULT(1992)LTD Offers consultancy services in various aspects of SACCOS operations, we also offers the planning services that includes preparation of Strategic Plans, working plans, diagnostic research and advice in order to ensure efficiency and effectiveness in SACCOS operations.

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Latest News

We are HIRING!
20Dec
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We are HIRING!

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29Nov
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Kuhusu SCCULT

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Frequent Asked Questions

Our Clients Frequently question to our Institute based on the Services.

Must be a registered SACCOS and recognized by Tanzania Cooperative Development Commission (Registered under Cooperative Act and Microfinance Act)

More procedures and conditions to register and operate the SACCOS is guided by the Cooperative Act No.6 of 2013, Microfinance Act No.10 of 2018 and its Regulations of 2019.

You will need to complete an economic viability form and have an initial working capital of at least Tshs. 10 million which can be made up of shares and savings.

More procedures and conditions to register and operate the SACCOS is guided by the Cooperative Act No.6 of 2013, Microfinance Act No.10 of 2018 and its Regulations of 2019.

SACCOS is defined as “a group of persons, with a legal personality, not for profit, with open-ended capital, based on principles of unity, solidarity and mutual assistance, whose primary purpose is to take savings from its members and grant them loans”

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