About Us
Building a brighter financial future
UMA SACCO LTD, is a Savings and Cooperative Society for Medical Doctors in Uganda which was established by a resolution of U.M.A AGM of June 2011 in line with the cooperative society CAP 112 and the cooperative society regulations 1993 with a vision of “A highly ethical and socio-economically empowered society of medical doctors in Uganda”

It was registered on the 12 th November, 2012 as a Credit and Cooperative Society by the Registrar of Cooperatives under the Ministry of trade Industry and Cooperatives.

UMA SACCO is Member owned, Member governed and member controlled organization by Ugandan Doctors Who Voluntarily subscribe for its membership to access opportunities for economic empowerment, improved welfare and elevated social and economic status in society.

The SACCO members are also registered members of U.M.A (Uganda Medical Association). UMA SACCO has grown from 23 members in June 2012 to more than 800 members in June 2020 with a portfolio of over 5 billion, savings of over 3 billion and a share capital of over 800 million.The UMA SACCO has helped members in accessing affordable credit services, land, collective investment which has greatly led to socio economic empowerment of her members.

Objectives
To create a culture of “saving together for investment” among doctors in Uganda first.
To cause socio-economic wellbeing/stability of doctors & their families in Uganda first.
To encourage members to formally save with purpose by accepting their deposits promptly
To encourage corporate investment among Uganda Medical Professional Societies and enable them to effectively advocate for the interests of their members.
To promote professional and socio-economic growth and stability among members
To create an avenue through which government development partners and other stakeholders can participate in improving the socio-economic environment in which doctors in Uganda work by inter-alia injecting funds into the SACCO as has been with other SACCOs.
To ensure that members get loans once requested for, at affordable interest rates based on each member’s capacity to pay back the loan.
To educate members on how they can use credits/loans for socio-economic development.

Vision
A highly ethical and socio-economically empowered society of medical doctors in Uganda

Mission
To provide a conducive socio-economic environment through which medical practitioners in Uganda can deliver optimal health care services to deserving health consumers in Uganda without being undermined or compromised by wanting socio-economic conditions.

Core Values
Integrity
Transparency
Professionalism
Team Work