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International Credit Union Day celebrations

Nov 01 2018

The Third Thursday of the month of October, has since 1948, been celebrated by Credit Unions otherwise known as Savings and Credit Cooperatives, SACCOs, in Malawi and in many parts of the world as the International Credit Union day. On this day, SACCO members around the globe take the opportunity to remember credit unions’ proud history and promote awareness of and support for the SACCO difference

. This year marks the 70th anniversary under the theme, “Find your Platinum lining in SACCOs,” emphasizes the benefits of cooperation among SACCOs worldwide. It also speaks to the powerful global network of over 56,000 SACCOs, which no other financial institution can claim, and the advantages that result from sharing challenges, experiences and solutions with one another to better serve members.
Activities marking the ICU Day this year will took place on 20th October, 2018 in all the three regions of the country.

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Mayor of Zomba city Council Mr Christopher Jana who was also Guest of honor receiving a dust bin from officials of Chapter 1 SACCOs.
In the Southern Region, SACCOs celebrated the day at Gynkana ground in Zomba where they donated cleaning materials like dust bins, blooms, Rakes worth one million and five hundredthousandkwacha (K1,500,000) to Zomba City Council with an intention of keeping the city clean.

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In the Central Region, SACCOs commemorated the day bydonating goats worth Two million kwacha (K2,000,000) to people with albinism. It started with a big walk from Madzimayera up to the Mchinji community ground where the main event took place. To spice up the event there was traditional dances, drama not forgetting speeches.

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The Guest of honor Mr Safaraoh ( Deputy Director of Cooperatives handing over the Dummy Cheque to APAM.
It was the same inthe Northern Region, SACCOs celebrated the day at Mzuni University ground. The ceremony started with a big walk and donated books worth one million kwacha (K1,000,000) to Mzuni library. That was followed by traditional dances, drama and speeches
Librarian at Mzuni University Mr.Majawa who was the Guest honor receiving a symbolic donation from one of the Chapter 3 Official.

Malawi Union of Savings and Credit Cooperatives (MUSCCO) wishes all SACCO members in Malawi a Happy ICU Day!!!!
Secure your Financial Future, be a SACCO member, MUSCCO, Building a Nation of Savers

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