Archdiocese of Mbarara Development AssociationPools savings
Members' regular savings build a pool of loanable funds.
AMDA SACCO
A savings and credit cooperative for the AMDA family. Registered in 2012 to promote thrift and savings among members and create a source of loanable funds.
May 2012Since its inception
UGX 1.93bn+Total capital base
AMDA membersThe SACCO only admits members of AMDA
7 March 2026Latest Annual General Meeting
Built on thrift, owned by members
The SACCO was started to build in members a spirit of saving and investment, which are cornerstones of economic empowerment.
Its mandate is mainly to pool members and resources and to extend credit facilities to them. It can also invest in shares of financial institutions and apex bodies in the cooperative movement, in property and in any other legal business. Providing credit to members takes precedence over any other investment.
There are many testimonies of members who have grown economically through affordable credit from the SACCO.
Leadership
The SACCO is chaired by Mr. Stephen Magara, who has diverse banking experience. It was formerly headed by Mr. Venny Birusya, an accomplished accountant.
Supporting AMDA's home
In August 2024 the SACCO lent UGX 200 million to the Rubaga project, at 17% a year, to fast-track partial occupation. The SACCO office will be housed in the Rubaga complex.
What the SACCO does
Extends credit
Affordable credit facilities for members, ahead of any other use of funds.
Invests
Shares in financial institutions and apex bodies, property and other legal business.
Holds the Bereavement Fund
The ABF keeps its money in an account at the SACCO, though it is an independent body.
How to join
- Be a member of AMDA
Only AMDA members are admitted to the SACCO. Register as an AMDA member first.
- Visit the SACCO website
The SACCO runs its own site for membership, savings and loans.
- Ask for help
Call +256 772 412 619 or email info@amda.ug and we will connect you to the SACCO team.
Estimate your loan repayments
A guide only. The SACCO sets the actual interest rate, fees and terms. The 17% starting rate is the rate on the SACCO's loan to the Rubaga project, used here only as an example.
Estimated monthly repayment
UGX 0
- Total to repay
- 0
- Total interest
- 0
Calculated on a reducing balance.
Meet the management team
Members elect and oversee the people who run the SACCO day to day.
The SACCO is chaired by Mr. Stephen Magara, a member of the AMDA Executive Committee.
See the Executive CommitteeReady to start saving with AMDA?
Register as a member, then open your SACCO account.
Junior Savers
AMDA SACCO introduced its Junior Savers programme to families at the Monthly Mass.
Photos: AMDA Media.