At Bestrock SACCO, we believe that collaboration and shared learning lie at the heart of cooperative growth.We were honored to host members of Mpanzi SACCO, who visited us for a benchmarking session focused on exchanging insights on effective SACCO management and member empowerment.
The visiting team, whose membership is drawn from the Anglican community, was eager to learn from our model of supporting entrepreneurs and business people through innovative financial products and member-centered services.
During the visit, our management team shared key aspects of our operations, including:
-
-
Business Financing Models: We shared insights on how we have designed and implemented affordable and flexible loan products that cater to the unique needs of small and medium-sized enterprises (SMEs), traders, and startups. By focusing on accessible financing, we continue to empower members to grow their businesses and improve livelihoods.
-
Digital Transformation: Our team demonstrated how embracing technology has enhanced operational efficiency and improved member experience. From online loan applications to mobile banking services, digital solutions have allowed us to serve our members conveniently and securely.
-
Governance and Compliance: A strong governance structure has been central to our success. We explained how transparency, accountability, and compliance with cooperative regulations have helped build trust among members and ensure sustainable management.
-
Community Impact: Beyond financial services,Bestrock SACCO, is deeply committed to community development. Through initiatives such as financial literacy training, mentorship programs, and partnerships with local businesses, we continue to uplift our members and the wider community.
-
The benchmarking session also provided a valuable opportunity for open dialogue, as both SACCOs exchanged ideas on challenges, opportunities, and emerging trends shaping the cooperative sector.
Speaking during the event, Bestrock SACCO vice chairperson, Dr Julius Kisinga,
“Benchmarking visits like these strengthen the cooperative movement. By learning from one another, we create stronger institutions that deliver real value to our members and communities.”
The Mpanzi SACCO team expressed appreciation for the warm hospitality and the wealth of knowledge shared. They highlighted their intention to implement several best practices observed during the visit.
As a SACCO serving business people, we take pride in being a model of innovation, inclusivity, and sustainable growth. This visit reaffirmed our commitment to strengthening partnerships that drive progress across the cooperative movement.
Interested in joining? Contact us today or visit our website to learn more!
