ISSIA SACCO Unveils New Home in Ibanda

The cooperative movement in Uganda continues to demonstrate its strength and relevance in transforming communities, a reality that was vividly witnessed in Ibanda Municipality as ISSIA SACCO Limited unveiled its new home on 12th/ March 2026, in a colorful ceremony presided over by the Guest of Honour, Ivan Asiimwe, the General Secretary of the Uganda Cooperative Alliance (UCA).

The event marked a significant milestone for ISSIA SACCO, one of the leading financial cooperatives serving members across Ibanda and the wider western Uganda region. The newly inaugurated building stands as a symbol of growth, resilience, and the collective efforts of members who have continued to save, invest, and believe in the cooperative model as a pathway to economic empowerment.

In his remarks while officiating at the opening, Asiimwe congratulated the leadership, staff, and members of the SACCO for what he described as a remarkable achievement that reflects the strength of cooperation and member ownership. He noted that the construction of the new building was not only an infrastructure milestone but also a demonstration of the confidence members have placed in their institution.

“This new home is more than just a building. It is a symbol of trust, discipline in savings, and the power of collective action among members who believe in improving their livelihoods through cooperation,” Asiimwe said.
He further commended the SACCO’s leadership for steering the institution toward growth and sustainability, emphasizing that strong governance and transparency are key pillars of a successful cooperative.

“As the apex body of cooperatives in Uganda, we at UCA are proud to see institutions like ISSIA SACCO growing steadily. When members remain committed, leaders remain accountable, and staff remain professional, the cooperative movement becomes unstoppable,” Asiimwe added.

He promised more support to the Issia Sacco Ltd in form of training of the Sacco leadership (BOD, Supervisory BOD, vetting committee and management) and also the general membership in different fields e.g resource mobilisation - Shares, savings, membership

Appreciated the president of the republic of Uganda for his support towards the development of the co-op. Movement in Uganda as far as the single regulator issue is concerned, also saccos tax waiver extension and support for the cooperative bank progress

The ceremony attracted members, cooperative leaders, staff, and community stakeholders who gathered to witness the official opening before proceeding to the SACCO’s Annual General Meeting (AGM). The event also provided an opportunity for members to appreciate the continued support and advocacy of the Uganda Cooperative Alliance in strengthening the cooperative movement across the country.

Speaking at the event, the Board Chairperson of ISSIA SACCO described the new building as the result of years of dedication, prudent management, and the unwavering support of members.
“This building represents the journey of our members who have consistently saved and trusted their SACCO. It reflects our commitment to providing better services, strengthening governance, and creating a stronger financial institution for the communities we serve,” he said.

He further emphasized that the SACCO’s leadership remains committed to ensuring that the institution continues to grow while maintaining the cooperative principles of transparency, accountability, and member participation.

ISSIA SACCO Limited is a member-owned financial cooperative based in Ibanda Municipality that has grown into a trusted institution supporting individuals, farmers, and small businesses with accessible savings and credit services. Built on the cooperative principles of member ownership, transparency, and shared prosperity, the SACCO has played a vital role in promoting financial inclusion and improving livelihoods across Ibanda District and the surrounding areas. Over the years, ISSIA SACCO has continued to expand its services and strengthen its impact, empowering members to invest in their businesses, educate their children, and build more resilient communities