SCCULT (1992) LTD

Vision, Mission & Strategic Direction

Building a stronger cooperative movement through financial inclusion, professional support, digital transformation, sound governance and sustainable SACCOS development across Tanzania.

OUR VISION

To be the leading credit union in Africa that promotes financial inclusion.

A long-term institutional aspiration focused on leadership, inclusion and sustainable cooperative financial development.

Cooperative Financial Development

Vision, Mission, Function & Core Values

The strategic foundation guiding SCCULT's institutional direction and service to SACCOS.

Chapter Three

Empowering SACCOS for Financial Inclusion

SCCULT (1992) LTD's institutional direction is built around empowering and developing SACCOS through lobbying, advocacy, financial assistance and technical support while strengthening governance, innovation, professionalism and member-focused service delivery.

Vision

To be the leading credit union in Africa that promotes financial inclusion.

Mission

To empower and develop SACCOS through lobbying, advocacy, financial and technical assistance.

Motto

Strong SCCULT (1992) LTD, for SACCOS Welfare.

Institutional Footprint

Progress That Supports SACCOS Growth

SCCULT's institutional journey is reflected through its growing membership base, geographical reach, capacity building interventions and assurance activities supporting SACCOS across Tanzania.

500+

Member SACCOS

SACCOS connected to SCCULT's umbrella support, representation and shared services.

Regions Covered

Institutional reach supporting cooperative development across Tanzania.

1,200+

Training Sessions

Capacity-building interventions supporting boards, staff and members.

850+

Audits & Reviews

Assurance and review activities supporting stronger governance, controls and member protection.

Institutional figures published through SCCULT's public institutional profile.

Sector Financial Context

Tanzania SACCOS Financial Progress

TCDC's 2023 SACCOS Annual Performance Report provides important sector-level context on the financial development and stability of SACCOS.

TZS 180.4B

Aggregate core capital held by licensed SACCOS in 2023.

16%

Increase in aggregate core capital from 2022 to 2023.

884

Licensed SACCOS referenced in the 2023 financial stability analysis.

Source: Tanzania Cooperative Development Commission (TCDC), SACCOS Annual Performance Report 2023. These are sector-level figures and are not presented as SCCULT's own financial statements.

Objects & Functions

Supporting the Cooperative Movement

The general object of SCCULT (1992) LTD is to promote and support the development of Savings and Credit Cooperative Societies in Tanzania through financial, technical, institutional and professional support.

SACCOS Development

Promoting and supporting sustainable development of Savings and Credit Cooperative Societies.

Strengthen the cooperative movement.
Support SACCOS development and sustainability.
Promote stronger member-focused cooperatives.

Lobbying & Advocacy

Representing and advancing the interests of SACCOS and their members.

Advocate for supportive cooperative policies.
Represent member interests in key forums.
Promote an enabling environment for SACCOS.

Financial Assistance

Supporting SACCOS with financial solutions that strengthen stability and sustainability.

Facilitate appropriate financial support.
Promote financial stability and sustainability.
Support improved financial performance.

Technical Assistance

Building technical and institutional capacity for improved SACCOS performance.

Provide professional technical support.
Strengthen systems and operational processes.
Promote knowledge and skills development.

Member Welfare

Promoting member-centered services that create sustainable value.

Put members at the centre of service delivery.
Promote financial inclusion and empowerment.
Improve accessibility and service quality.

Sustainable Growth

Creating an enabling environment for resilient and sustainable SACCOS.

Encourage innovation and modernization.
Promote sound governance and responsible growth.
Strengthen long-term institutional sustainability.

Section 3.3

Our Core Values

Four core values guide SCCULT's daily operations, professional conduct and relationship with members and stakeholders.

Professionalism

We perform our duties in accordance with set standards and procedures.

Teamwork

We value every member's contribution to achieve our objectives.

Innovation

We are open to learning and doing new things to improve our services.

Member Service

We provide our members with the highest level of service and respect. Our members always come first.

3.4

Core Management Principles

SCCULT (1992) LTD conducts its business in accordance with the ICA Co-operative principles.

Voluntary & Open Membership

Democratic Administration

Democratic administration and members leadership.

Member Economic Participation

Service and surplus return to members.

Continuous Education

Continuous education to members and leaders.

Independence & Autonomy

Concern for the Community

Cooperation Among Cooperatives

Chapter Four

Strategic Pillars

During the three-year plan period, SCCULT (1992) LTD will focus on strategic priorities that maximize institutional strengths, address weaknesses, leverage opportunities and minimize identified challenges.

Membership Growth, Service Delivery & Technical Support

Strengthening membership growth, improving service delivery and providing responsive technical support to SACCOS.

Digitalization of Operations & Services

Implementing, promoting and supervising digitalization of operations and member services.

Financial Growth & Sustainability

Building sustainable financial performance, resilience and long-term institutional growth.

Compliance & Risk Management

Strengthening compliance, risk management, internal controls and institutional accountability.

SDGs, Inclusion, Empowerment & Climate Change

Enhancing the contribution of SACCOS to inclusion, empowerment, sustainable development and climate action.

Governance & Organizational Capacity

Strengthening governance, leadership, human capital and organizational capacity for effective performance.

Institutional Marketing & Public Relations

Enhancing SCCULT's visibility, institutional reputation, stakeholder engagement and communication.

Strategic Direction

One Strategic Direction. Stronger SACCOS.

SCCULT (1992) LTD continues to align its institutional capabilities, resources, partnerships and digital transformation agenda towards stronger SACCOS, improved member services, financial inclusion and sustainable cooperative development.

Strong SCCULT (1992) LTD, for SACCOS Welfare

Building a Stronger Cooperative Future

Through advocacy, financial and technical assistance, professional services, digital transformation and institutional development, SCCULT continues to support SACCOS towards sustainable growth and better member welfare.

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The Savings and Credit Cooperative Union League of Tanzania (SCCULT) 1992 LTD

Vision, Mission & Strategic Direction

To be the leading credit union in Africa that promotes financial inclusion.

Empowering SACCOS for Financial Inclusion

Vision

Mission

Motto

Progress That Supports SACCOS Growth

Member SACCOS

Regions Covered

Training Sessions

Audits & Reviews

Tanzania SACCOS Financial Progress

Supporting the Cooperative Movement

SACCOS Development

Lobbying & Advocacy

Financial Assistance

Technical Assistance

Member Welfare

Sustainable Growth

Our Core Values

Professionalism

Teamwork

Innovation

Member Service

Core Management Principles

Voluntary & Open Membership

Democratic Administration

Member Economic Participation

Continuous Education

Independence & Autonomy

Concern for the Community

Cooperation Among Cooperatives

Strategic Pillars

Membership Growth, Service Delivery & Technical Support

Digitalization of Operations & Services

Financial Growth & Sustainability

Compliance & Risk Management

SDGs, Inclusion, Empowerment & Climate Change

Governance & Organizational Capacity

Institutional Marketing & Public Relations

One Strategic Direction. Stronger SACCOS.

Building a Stronger Cooperative Future

SCCULT (1992) LIMITED

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