About Us
At SteadFin, we are committed to transforming the lives of our members through innovative, quality, and flexible services. Under the motto: ‘Many Lives, Many Futures’ SteadFin was established in October 2017 as a registered Savings and Credit Co-operative Organisation that derives its mandate from the Uganda Co-operative Societies Act 1991, The Cooperative Societies (Amendment) 2020 and its bylaws.
SteadFin has since grown to become a leading cooperative in Africa, active members who are primarily locally engaged staff of the U.S. Mission in Uganda, from agencies; State Department, USAID, CDC, NIH, and Peace Corps. SteadFin also maintains an active membership of U.S. Mission retirees, spouses, and the children of full members, as well as SteadFin staff.
We strive to transform members’ lives through innovative, quality, and flexible services by Providing affordable credit, financial literacy, and Sustainable investment opportunities
Vision
Our vision is to be the leading cooperative in Africa with financially liberated members.
Mission
Our mission is To transform members' lives through innovative, quality, and flexible services.
Our Values
- Dynamism
- Integrity
- Reliability
- Transparency
- Family
- Ubuntu
SteadFin Organogram
Annual General Meeting(AGM)
The General Assembly is the supreme authority of the SACCO.
Duties and Responsibilities of the AGM.
- Elects the Board, the Supervisory Board, and the Vetting Committee.
- Receives and considers reports from the Board and the Supervisory Committee, management, and vetting committee.
- Approves budget estimates (income and expenditure) proposals presented by the Board at the Annual General Meeting (AGM).
Board Of Directors
The Board is the principal leadership/governance organ of the SACCO and directs the affairs of the SACCO on behalf of its general membership while overseeing the management and making strategic decisions of the SACCO. It is composed of a diverse group of 9 elected members and one co-opted member who have relevant experience and expertise in various fields.
Xavier Ejoyi
Chairperson
Anna Awor
Vice-Chairperson
Henry Nsubuga
General Secretary
Dennis Natumanya
Treasurer
Edward Katongole
Member
Fiona Waata
Member
Julius Ondoga
Member
Dorcas K Kaganda
Member
Maryanne Isabirye
Member
Moses Kirya
Co-opted Member
Board Committees
The Board of Directors has four committees, comprised of Board members who are required to attend meetings of the respective committees on which they serve.
Credit Committee
The Credit Committee supports the Board with setting the strategic direction for the SACCO’s lending operations. This committee oversees the credit function of the SACCO.
Assets and Liabilities Committee (ALCO)
ALCO serves as a planning unit in terms of resource allocation, and is responsible for aligning the SACCO’s entire portfolio. The Committee reviews the budget as proposed by Management and makes recommendations for the Board’s approval.
Operations, Human Resource and Member Education committee
The Operations Committee provides review, guidance, and oversight for SACCO's overall operations.
Audit and Risk Management Committee
The audit committee is responsible for overseeing a company's financial reporting, internal controls, and risk management processes.
Management team
We have a dedicated team that is committed to serving our members. Our team is made up of experienced professionals in the corporate sector, who are passionate about helping members achieve their financial goals by upholding the cooperative philosophy of people helping people.
Mercy Tumukunde Gava
Chief Executive Officer
Yvonne Bahenda
Head of Operations
Muhammad Ndawula
Head of Finance and Investments
Norah Namwanje
Senior Financial Advisor
Daphine Acano
HR and PR Officer
Julius Opule
Accountant
Daphne Allo
Administrative Officer
Stella Nasirumbi
Financial Advisor
Ronald Muntu
Logistics Assistant