SCCULT (1992)

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.

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.

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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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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