Wazalendo Investments (SMC) Limited, established in 2021, serves as the strategic business arm of the Wazalendo Savings and Credit Cooperative Society (WSACCO). Our mission is to enhance self-reliance and sustainability within Uganda’s business sector by providing innovative financial solutions and investment opportunities. With a commitment to fostering economic growth and improving the welfare of our members, we have rapidly expanded our operations, establishing a strong presence across various regions.
Our Vision and Mission
Vision: To be a leading investment entity that empowers individuals and communities through sustainable financial solutions.
Mission: To mobilize resources effectively to provide affordable financial services that significantly enhance the welfare of our members and promote economic development in Uganda.
Our History
Wazalendo Investments emerged from the need to diversify the income streams of WSACCO, which was founded on September 22, 2005. Initially established to serve the Uganda People’s Defence Force (UPDF) personnel and their families, WSACCO has grown tremendously over the years. By leveraging its strong foundation in cooperative principles, Wazalendo Investments aims to further this legacy by engaging in various sectors including real estate, agriculture, and technology.
Key Milestones
- 2005: Establishment of Wazalendo Savings and Credit Cooperative Society (WSACCO).
- 2021: Registration of Wazalendo Investments (SMC) Limited as a strategic business arm.
- 2022: Expansion of cash operating branches from 2 to 10 outside military barracks.
- 2023: Introduction of innovative lending models such as “CASH FLOW” lending.
Our Services
Wazalendo Investments offers a range of services designed to meet the diverse needs of our members:
- Real Estate Development: Engaging in residential and commercial property development to provide quality housing and Land solutions.
- Agricultural Investments: Supporting agricultural projects that promote food security and sustainable farming practices.
- Financial Services: Offering loans, savings plans, and investment opportunities tailored to our members’ needs.
- Advisory Services: Providing expert advice on investment strategies and financial planning.
Our Unique Selling Proposition
What sets Wazalendo Investments apart from other financial institutions is our deep-rooted commitment to serving the UPDF community and their families. We understand their unique challenges and aspirations, allowing us to tailor our services effectively. Additionally, our focus on sustainability ensures that we not only contribute to immediate financial needs but also promote long-term economic resilience among our members.
Community Engagement
At Wazalendo Investments, we believe in giving back to the community. Our corporate social responsibility initiatives focus on education, health care, and environmental sustainability. We actively engage with local communities through partnerships with non-governmental organizations (NGOs) and government agencies to implement programs that uplift the lives of those we serve.
Testimonials
We take pride in the positive impact we have made in the lives of our members. Here are some testimonials from those who have benefited from our services:
“Wazalendo Investments has transformed my life. The loan I received from WSACCO allowed me to Purchase Land from WIL.” – Okello Andrew
“The Land estate services provided by Wazalendo Investments (SMC) Limited have helped me secure Land where i built a beautiful home for my family.” – Mugoya Hussein
Future Goals
Looking ahead, Wazalendo Investments aims to expand its reach further into Uganda and beyond. We plan to introduce more innovative financial products that cater to the evolving needs of our members. Additionally, we are committed to enhancing our digital service delivery channels to ensure accessibility for all.
Wazalendo Investments (SMC) Limited is more than just a financial institution; we are a partner in your journey towards economic empowerment. Our commitment to excellence drives us to provide top-notch services while fostering a culture of self-reliance among our members. As we continue on this path of growth and innovation, we invite you to join us in building a prosperous future for all.