Friends Economic Empowerment Scheme (FEES) SACCO Ltd.
“United for Prosperity”
A member-owned savings and credit cooperative empowering members through a Godly financial service and the promotion of an affordable culture of saving and credit.
Our pioneer members · MukonoOur pioneer members
The members who founded FEES SACCO and set it on its way. We are grateful to every one of them.
Standing, from left
- Mrs Annette Mungoma
- Mr Anatosi Biso
- Mrs Teopista Byangwa
- Mrs Sarah Kharono
- Mrs Norah Mbabazi
- Ms Monica Mulungwa
- Ms Alice Faith Kiconco
- Eng Joel Maena
- Chairperson Ahmed Wafuba
- Mr John Salongo Kamanyire
- Mr John Luyirika-Musoke
- Mr Daniel Kimbowa Lule
- Mr Paul Wamala
- Mr Simon Wagama
- Mr Robert Magambo
- Mr Wilson Lyagoba
- Mr Eric Semakula
- Mr Thomas Wakholi
Squatting
- Eng Christine Muvawala
- Dianah Nambuya
- Mr Andrew Tenywa
Building self-reliant, financially independent communities
Friends Economic Empowerment Scheme (FEES) SACCO Ltd. is a savings and credit cooperative dedicated to the social and economic empowerment of its members and the development of communities. We began with 31 pioneer members who met in Lugogo on 16th May 2025, and we bring members together to save, access affordable credit, and grow lasting economic stability guided by Godly values.
Our Mission
Empowering members through a Godly financial service and the promotion of an affordable culture of savings and credit.
Our Vision
Fostering financially independent and self-reliant individuals within communities.
Who Can Join
Our membership is open to:
- Retired civil servants countrywide
- Officers qualifying for retirement from civil service
- Family members of retired officers
- Individuals introduced by SACCO members from communities they live or work in
- All who seek to enhance the mission of FEES SACCO
What We Offer Our Members
Beyond savings and credit, FEES SACCO invests in the wellbeing and prosperity of every member.
Social Empowerment
- Guidance and counselling services
- Education loan facilities for children and dependants
- Emergency fund on health issues
- Networking and support to members in emergencies
Economic Empowerment
- Offer low-cost capital to members
- Undertake group investments and foster job creation
- Build a culture of saving and responsible credit
Get Instant Loans Fast. Easy. Reliable. Anywhere.
Affordable credit is at the heart of our mission. Whether you are growing a business, planting a season's crop, meeting a medical emergency or paying school fees, FEES SACCO offers a loan built around your need with fair terms and no exploitative lenders.
Loan Products & Services
- Agriculture Loans
- Group Loans (Market Vendors)
- Taxi / Boda Boda Loans
- Business Loans
- Emergency / Top-Up Loans
- Medical & Health Loans
- Water and Sanitation Loans
- Home Improvement Loans
- Education Loans
- Solar Energy Loans
Features & Benefits
- Quick approvals within 24 hours
- Flexible repayment plans
- Application fee of 50,000/= only
- Simple documentation
- Open to members, individuals & SMEs
Loans are for members. If you have not joined yet, become a member first.
Who Qualifies
- You must be a fully paid-up member of FEES SACCO
- Two guarantors who are themselves paid-up members
- Borrow up to 5 times your total investment (shares plus savings)
Interest Rates
- Social loans for elderly membersEducation and health1% per month
- Business loansTrade, agriculture and enterprise2% to 3% per month
Our Key Values & Principles
Everything we do is guided by principles that protect our members and strengthen our community.
Stewardship
Encouraging members to be responsible managers of resources.
Integrity & Transparency
Operating honestly in all dealings, aimed at building trust.
Mutual Support
Bearing one another's burden by offering welfare funds to help one another overcome poverty and improve economic stability.
Financial Literacy
Equipping members with the knowledge to invest wisely, avoid exploitative money lenders, and build long-term health and wealth.
Membership & Requirements
Becoming a member is simple. Prepare the following and reach out to any member of our executive committee to get started.
- 1Copy of National Identity Card
- 2Passport size photographs (2)
- 3Duly filled application form
- 4A once Registration Fee of 50,000/=
- 5A Minimum Share (10) of 100,000/=
- 6Minimum Monthly Savings of 50,000/=
Joining Contributions
All amounts in Ugandan Shillings (UGX).
A duly filled application form is required to join.
Apply to JoinHow to Pay
New and existing members can pay registration, shares, savings and loan repayments through either of the accounts below. Always keep your deposit receipt and share it with the Treasurer so your account is credited correctly.
Bank Deposit or Transfer
- Account Name
- Friends Economic Empowerment Scheme (FEES) LTD
- Bank
- DFCU Bank
- Branch
- Ntinda
- Account Number
- 01180017607094
MTN Mobile Money
- Merchant Code
- 309979
- Registered Name
- Alice Tukahirwa Kiconco
- Contact
- 0772 413 018
Payments are only official through the details shown here. If anyone asks you to send money elsewhere, please confirm with the Treasurer on 0704 271 860 first.
Executive Committee
Our elected leaders serve the interests of every member with integrity and transparency.
Chairperson
Vice Chairperson
Secretary
Treasurer
Manager
Public Relations Officer
Member
Member
Member
Member
Member
In our members' own words
I am 73 years old, thirteen years into retirement after serving the Uganda Police Force for over 30 years. Our pioneer, Madam Alice Faith Kiconco, never gave up on tracking down her retired colleagues, and our network grew from six contacts to over 31 members at our first meeting. This SACCO has given us a priceless opportunity to communicate, listen and support one another again. When my family faced a crisis over school fees, the SACCO stepped in. I urge more retired civil servants countrywide to join us.
Member, retired civilian staff, Uganda Police Force
Officially Registered
FEES SACCO Ltd. is registered under the Cooperative Societies Act, CAP 107 of the Republic of Uganda, giving members the confidence of operating within a recognised legal framework.
Membership Application
Complete the form below to become a member. It goes straight to our team, who will contact you on the phone number or email you provide. Applying for a loan? Membership comes first, then download the loan application form below or talk to us on WhatsApp.
Visit or Contact Us
We would love to welcome you. Reach out to any of our officers or visit our offices in Mukono.
Our Offices
Mukono District, Mukono Municipality,
Namumila Parish, Nsuube (Nsumbe) Village,
Nabuti – Katosi Road
Postal & Email
P.O. Box 212 Mukono
feescheme@gmail.com
Call Us
0773 872 804 Chairperson
0772 615 532 Secretary
0704 271 860 Treasurer
0782 725 070 Manager
0701 428 358 Public Relations Officer
+256 772 413018 WhatsApp