Wazalendo Savings and Credit Cooperative Society
financial services company of Uganda
Wazalendo Savings and Credit Cooperative Society (WSACCO), also referred to as Wazalendo Sacco, is a savings and credit co-operative society in Uganda. It is an institutional Sacco composed of Uganda People's Defence Force (UPDF) personnel and their families, UPDF Reserve Forces, and staff of Uganda's Ministry of Defence. WSACCO is affiliated with the Uganda Co-operative Savings and Credit Union Limited and with the Uganda Co-operative Alliance.
Overview
WSACCO was established on 22 September 2005 with initial savings of about US$96,000 (UGX:238 million). Membership is restricted to persons in active service with the UPDF and their families, UPDF veterans and their families, and staff of the Ministry of Defence in Uganda and their families. The main objective is to mobilize savings and make loans to members at reasonable interest rates to improve their welfare. WSACCO adopted “Save for the Future Development” as its slogan. By 30 June 2011, 61,482 members had joined. By February 2012, membership had increased to 65,741 and total savings were valued at approximately US$9.23 million (UGX:23 billion), making WSACCO the largest savings credit union in Uganda. As of April 2014 the WSACCO's total assets were valued at approximately US$43.7 million (UGX:109 billion) with shareholders' equity of about US$30.1 million (UGX:75 billion) and a loan portfolio estimated at US$35 million (UGX:87 billion).
Begin with the source’s own compact description: “Wazalendo Savings and Credit Cooperative Society” is financial services company of Uganda. The dossier treats that line as a proposition to test through Wazalendo, Savings and Credit, not as a finished interpretation.
Why this record matters
The phrase “financial services company of Uganda” supplies a clear boundary for inquiry. It also exposes the unanswered questions: who defined that boundary, when it became stable and which sources sit outside it.
Contemporary correspondence, administrative files and participant testimony can test how later narratives organized the event or institution. The source revision retrieved here is dated Jun 16, 2026. The linked authority identifier is Q16966926. 2 of 2 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 2005, 2011, 2012 and 2014.
Institutional narratives can privilege the records that survived while minimizing voices that were never formally collected. The source lead contains qualifying language; that uncertainty should survive quotation, summary and reuse. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
Compare institutional narratives with records created by participants and affected communities. Dates and formal titles are useful anchors, but not substitutes for context.
- Event chronology
- Institutional context
- Locating named record creators
Contemporary correspondence, government or organizational records, oral histories and cited historical scholarship.
Three-step research path
- Establish the record: confirm the title “Wazalendo Savings and Credit Cooperative Society”, its source revision and the description used here.
- Expand the search: follow Wazalendo Savings and Credit Cooperative Society primary sources, Wazalendo Savings and Credit Cooperative Society archive and Wazalendo research across catalogues and specialist indexes.
- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
- Which source most directly establishes the central claim about “Wazalendo Savings and Credit Cooperative Society”?
- What chronology connects this entry to wider political or social change?
- Who created the surviving record, and for what administrative purpose?
Search terms from this dossier
This entry incorporates text from “Wazalendo Savings and Credit Cooperative Society” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.