MCS
Share
Uganda has the second highest number of young population in the world at 68.7% after Timor-Leste and has 83% of youth unemployed.
The majority of these youth in Uganda do not have any formal bank accounts through which they can access credit or even small loans from the mainstream commercial banks. Realising this situation, some of the youth came up with the solution to start up a Youth SACCO, (Mushana Youth SACCO) the first youth financial institution in Uganda to empower youth with innovative ideas but have no financial capacity and access to bank loans due to lack of COLLATERAL. Lack of collateral is a major constraint to entrepreneurship globally which we seek to address squarely through this SACCO with purposes of guaranteeing one another to take loans and a revolving fund to start up businesses from our own savings. This SACCO seeks to support the Youth develop capacity to enable them access loans through pooled investment schemes. This being a digital era, Youth failed to join already existing SACCOs which have not adopted ICT. Having realised that, we have harnessed ICT to come up with a new innovation (Electronic SACCO System www.mushanapp.net) and the first of its kind in Uganda to enhance SACCO services.
It’s been a full year since we launched the Mushana Sacco, Nansana Branch.
Open your business accounts with us at Mushana Sacco, Our Main branch is in Kyanja, people living on Hoima and Mityana Roads. we have a branch in Nansana, we pay 15% on fixed deposits pa and you can as well access business loans. We also help you become a land lord by owning land in Kampala metropolitan area at half price of Market value payable in instalments.
The account opening fee is 20k and a share goes for 100k.
What'sApp 0783313043 to get more details.
30/09/2026
Today, Mushana SACCO AGM is happening at Kampala Serena.
We are launching a rebrand MCS , a journey, worth taking.
Join us and be part of the next big thing.
Words can not explain the excitement and gratitude we have to have made 10 year in business.
MCS has over the last 10 years impacted its members through generational wealth building, and creating passive income investment opportunities to help members achieve financial freedom.
13th December was almost like a movie. As founder members recounted the earlier years of the Sacco, and our Parron recounted the journey he walked with the team of young people trying to change the world.
The event was attended by many dignitaries from regulating bodies, and the government offices who were lead by the guest of honor, Hon. Fredrick Ngobi Gume, the Minister of State for Cooperatives under the ministry of trade and cooperatives.
He urged members to keep the spirit of resilience and encouraged people to join cooperatives like MCS to enhance collective and faster economic growth.
For MCS, the sky is not even the limit.
28/08/2026
Today, we join the people of Tooro and the world, to mourn a noble King.
His Majesty
Omukama Oyo Nyimba Kabamba Iguru Tukidi IV- the King of Tooro.
We shall dearly miss him.
We stand with his family and the Kingdom of Tooro.
May the King’s Soul Rest in Peace.
A new dawn. The twilight Villas. What a time. ?
07/07/2026
It has come to our attention that some people are calling our investors claiming to be MCS and requesting them for Codes.
Please take not of the following to avoid being scammed.
Our only official numbers are +256783313043 and +256200999811
Don’t fall victim!!
03/06/2026
Dr. Mbonye urges Ugandans in the diaspora to invest through cooperatives that have established structures, they would not only invest for themselves but also grow the economy.
Watch the full speech and discover the insights Dr. Ben Mbonye, our Patron shared with MCS members during the 10th Annual General Meeting. That took place on 30th May 2026 at SKYZ Hotel Kampala.
DR BEN MBONYE, THE MCS PATRON GIVES A SPEECH AT THE 10th ANNUAL GENERAL MEETING. . Dr. Ben Mbonye, one of the proprietors of Nakasero Hospital and Pat...
02/06/2026
During the recently concluded Annual General Meeting. The shareholders were tasked to elect a new team of Board of Directors. The Board Secretary presented the shortlisted candidates who were later voted on by the Shareholders.
Here is the full list of Board of Directors and their respective roles on the Board.
1. Samuel Senfuma - Chairperson.
2. Charity Basiime - Vice Chairperson.
3. Gloria Tumushabe - Treasurer
4. Mark Kworoba - Board Member
5. Dr. Charles Babutunga - Board Member.
30/05/2026
MCS 10th Annual General Meeting
What a remarkable milestone as we successfully held the 10th Annual General Meeting of Mushana Cooperative Society (MCS).
We were honored to host our Guest of Honour, Dr. Kedrace Turyagyenda, whose insightful remarks inspired members to embrace leadership, discipline, and long-term investment for sustainable growth.
We were equally privileged to have our Patron, Dr. Ben Mbonye, in attendance. His continued guidance, support, and belief in the cooperative movement remain instrumental to the growth and success of MCS.
As we reflect on the achievements of the past decade, we remain committed to empowering our members through savings, investment, real estate, agriculture, and wealth creation opportunities.
Thank you to all our members, leaders, partners, and stakeholders who have been part of this incredible journey. The future is bright, and together we will continue building a stronger and more prosperous MCS.
10 Years of Growing Together. 10 Years of Building Wealth. 10 Years of Impact.
A Check-in Recap.
Please see what you are missing.
Become a shareholder now.
Key Events Happening today.
1. Declaration of Dividends for the year ended 2025.
1. Voting in of the New Board of Directors.
2. Introduction of the New Supervisory Committee.
3. Adoption of Insurance Partners.
4. Launching the Accounting Software.
And whole lot more.
It’s a full-Packed Day.
We are streaming Live on YouTube and other shareholders who are not present are in attendance on Zoom. Their input will be recorded. @10
Category
Telephone
Website
Address
Kampala
P.O.BOX75583
Alerts
Be the first to know and let us send you an email when MCS posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.