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Oct 11 2018

The 2018 SACCO Lakeshore Annual Conference

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The 2018 SACCO Lakeshore Annual Conference held from October 05th to October 7th, 2018 at Sun and Sand Holiday Resort in Mangochi.
The SACCO Lakeshore Conference is an annual event for SACCO Leaders and Managers to take stock of the common challenges facing the SACCO movement and achievements being realized. This the right forum whereleaders and Managers share experiences regarding innovation in terms of products, services, technology, Marketing, various other growth strategies and setting of strategic goals for SACCO sector in Malawi

This year's conference was held under the theme. ‘Achieving Growth and sustainability through consolidation and cooperation.’

The Guest of honor at the function was the Deputy Governor of Reserve Bank of Malawi Dr. Grant Kabango.


                                                                                                        The Guest of Honor Dr Grant Kabango-Deputy Governor of RBM

In his comments Dr Grant Kabango said that SACCOs are proving to be a better alternative to banks. They require members to save first,in addition to accessing loans. SACCOs have the potential to reach out to more Malawians including those living in rural areas where most banks do not operate.

MUSCCO’ Board president didn’t leave stone unturned bysaying that our SACCOs that have licenses are smiling because they can confidently say that are now more sustainable than before.This brings more confidence to the members that once they save money in a SACCO, their money is safe.


                                                                                           Mr Fletcher Mhango MUSCCO Board president.

This year's conference was hugely exciting and memorable. We had experts and experienced facilitators from within and outside Malawi. Among the facilitators was Mr BoubacarJeng, Chief Executive Officer for The national Association of Ghana, Deputy Governor of Reserve Bank of Malawi, Micro Finance and capital Markets supervisiondepartment –Reserve Bank of Malawi, Mr.FumbaniNyangulu(Acting Chief Executive Officer for MUSCCO) and Mr Leroy Banda (HumanResource, Administration and projects from MUSCCO), Robert Murighi from CIC Insurance among others.


Created By: Don Kamwathendo

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