GUSSACCO

Dr. Okello Nicholas Gregory
Chairperson

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History of GUSSACCO
At the 15th graduation ceremony of Gulu University held on January 11, 2020, the Vice Chancellor, Prof. Openjuru George Ladaah requested the University Visitor, His Excellency, Yoweri Kaguta Museveni, the President of the Republic of Uganda to, among others, support the establishment of Gulu University Staff Savings and Credit Cooperative Society.

During his address at the graduation, the president pledged to provide 100million shillings for the staff SACCO. In October 2020, the pledge was fulfilled and on 23rd November, 2020 the GULU University Staff Savings and Credit Society was registered with the Registrar of Cooperatives.

Who we are
GUSSACCO is a Gulu University Staff Saving and Credit Cooperative Society, registered by the Registrar of Cooperative Societies under the Cooperative Societies Amendment Act, 2020 to mobilize savings, extend safe, affordable and convenient credit to members and collectively improve economic and social wellbeing of its members.
GUSSACCO is a staff-owned and staff-operated entity, driven by the principle of staff helping staff. Members pool their savings which are then used to provide loans to fellow members. We emphasise financial inclusion of all staff of Gulu University

Vision
To be a dynamic Staff Sacco in Uganda, committed to sustainable socio- economic transformation of its members

Mission
To improve the wellbeing of members through provision of equitable access to financial services, promotion of a saving culture and stimulation of entrepreneurial attitude while cognizant of the need for effective management
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Duties & Responsibilities

Benefits of joining GUSSACCO
1. GUSSACCO provides convenient and affordable credit to members
2. GUSSACCO provides an opportunity for members to save for their retirement
3. GUSSACCO provides investment opportunities for growing members wealth
4. We provide financial literacy and advisory services to our members

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