Who We Are
About CBS PEWOSA SACCO
A cooperative society under the Buganda Kingdom, delivering innovative financial services since 1996.
Our Story
Central Broadcasting Service Ltd (CBS) is a private limited liability media company incorporated in 1995, owned by the Kabaka of Buganda through the Buganda Investments and Commercial Undertakings Limited (BICUL). As part of its Corporate Social Responsibility mandate, CBS was supported by the Stromme Foundation to implement the CBS-PEWOSA Project.
CBS-PEWOSA was registered in 2014 as an NGO. The Project to Empower Women through Savings and Loan Associations (PEWOSA) became the forerunner of today's CBS PEWOSA SACCOs — facilitating communities to form self-selected groups of 30 people under the Community Managed Microfinance (CMMF) approach. These CMMF groups form the grassroots backbone of our savings and credit services.
Founded in 2015, CBS PEWOSA Nsindika Njake Eyeeterekera Cooperative Society Ltd was formally registered by the Registrar of Cooperatives (Reg. No. 10916/RCS, 23rd January 2018). As CMMF groups grew their money and membership, unification under one cooperative became the natural step.
Today, the SACCO is making 10 years in operation — serving over 10,000 members across 9,000+ CMMF groups, with 21 satellite offices throughout Uganda. Following the royal announcement of His Majesty Ssabasajja Kabaka Muwenda Mutebi to create SACCOs in every traditional county (Masaza) of Buganda, we continue to promote this vision with new Masaza SACCOs coming up across Uganda.
Our Mission
To provide appropriate financial services that assist vulnerable communities to improve their socio-economic status on a sustainable basis in Uganda.
Our Vision
A leading provider of sustainable financial services that lead to a dignified life in Uganda.
Ownership & Governance
CBS PEWOSA Nsindika Njake Eyeeterekera SACCO Ltd, following the membership resolution to transform into a SACCO, is registered as a SACCO (Reg. No. 10916/RCS, dated 23/01/2023). Our membership is based on individual shareholding — the SACCO is a "user-owned" institution, wholly owned by its members (shareholders).
Members elect a Board to oversee the business of the cooperative. The Board holds roles and responsibilities vested in it by the Annual General Meeting / Annual Delegates Meeting (AGM/ADM), the Supervisory Committee (SupCO), Board Committees, and Sub-committees.
Our Core Values
The principles that guide how we serve our members every day
Transparency
We exercise the highest levels of transparency at all times in the course of executing our day-to-day duties.
Honesty
We exercise the highest levels of honesty at all times in serving our members and partners.
Professionalism
We deliver every service with the highest levels of professionalism, ensuring quality and consistency for all members.
Service to the King and Country
We serve the Kabaka and our country with diligence, upholding the values of the Buganda Kingdom in everything we do.
Integrity
We exercise the highest levels of integrity at all times, holding ourselves to the standards our members deserve.
Respect
We foster a healthy environment that promotes teamwork, productivity, and appropriate behaviour at all levels.
Hard Work
We believe work is a blessing. We commit to serving our members with diligence under the philosophy “Okwegatta gemanyi.”
Cooperative Principles
The seven principles that guide everything we do
Open and Voluntary Membership
Available to all who can use services and accept responsibilities, without discrimination.
Democratic Member Control
One member, one vote. Accountable elected representatives govern the cooperative.
Members' Economic Participation
Equitable contribution and democratic control of capital. Surpluses benefit members.
Autonomy and Independence
Self-help organizations controlled by members, free from external interference.
Education, Training, and Information
Continuous learning for members, representatives, and employees to strengthen the cooperative.
Cooperation Among Cooperatives
Working together through local, national, and regional structures for mutual benefit.
Concern for Community
Sustainable development of communities through policies approved by members.
Join Our Growing Community
Be part of 10,000+ members building wealth together across Uganda.
Become a Member