The Jinja Mafubira SACCO also known as JMT was started on 1st June 2020 as a saving & investment scheme by a group of hard working Teachers trained and empowered by KAWA.
Over time, the membership of the saving and investment scheme has grown to accommodate other community members who are actively involved in the activities and programs of education Quality.
Vision Statement
Mission Statement
A JMT Sacco member with a long-life income sources
To Support and mentor 60% of JMT Sacco member to maintain at least two sustainable sources of income by 2025
Core Values
To increasingly teach the members the culture of savings constructively
Commitment, Humility, Integrity, Operational Efficiency, Customer Focus, Unity
Children's Account
Children are an important part of our lives and here at JMT Sacco, we understand that securing your child’s future is important to you. JMT designed a children’s account to help your children save for the future while inculcating in them the culture of saving.
The child or parent can save any amount of money on their children’s Account. The account earns an interest of 12% PA compounding itself and the child can access the money on this account only when they are over 18 years.
The following should be noted when opening the account;
- The Parent/guardian will be required to complete and sign a children’s account opening form.
- A passport size photo for the child will be required while completing the form.
- The account will be in the child’s name with the parent(s) or guardian as trustee(s).
- Only children below 18 years are eligible to have the JMT children’s Account.