On December 23, 2024, MwalimuSacco held an important conference bringing together school leaders, teachers, and members of the teachers’ cooperative to support the development of teachers’ welfare and help them access opportunities to enhance their activities. The event took place in Kigali city.
Mr. Byukusenge Jimmy Christian, the Director of General Affairs at the Ministry of Education, encouraged teachers to take advantage of the technological opportunities provided by the cooperative, including the use of the ONLINE LOAN APPLICATION PLATFORM for loan applications. Mr. Byukusenge stated, “Teachers, we must understand this quickly because it will contribute to the advancement of our cooperative, and its success is our success.”
Madam INGABIRE Domitile, the head of Buringa TSS, demonstrated how effectively working with MwalimuSacco in processing parent contributions for school fees and other school-related funds can improve financial management. Madam INGABIRE praised MwalimuSacco for its role in helping manage finances effectively and simplifying the way schools make contributions. She also encouraged other school leaders to continue collaborating with the teachers’ cooperative, as it plays a significant role in achieving the development goals of both schools and teachers, stating, “Supporting MwalimuSacco is in the general interest of teachers.”
Mr. NTEGEKURORA Leonidas, a teacher in Rwanda who has advanced in agriculture and animal husbandry, thanked MwalimuSacco for the loan that helped him purchase land and expand his farming activities, including poultry and pig farming. He mentioned that the cooperative has helped him continue his activities and achieve personal development. Mr. NTEGEKURORA added that he returned to MwalimuSacco for another loan to expand his business, saying, “I am now working with my spouse in business while continuing to focus on my teaching job.”
Mr. RURANGIRWA Martin, a teacher at La Colombiere and an outstanding saver through the Nzigamira Nige program of MwalimuSacco, encouraged all teachers to adopt a savings culture, stating: “We must all improve ourselves and prepare for a better future, and we should start today.”
To simplify the loan application process for teachers, MwalimuSacco introduced the ONLINE LOAN APPLICATION PLATFORM, where members can submit loan requests through the system without needing to go anywhere. This new technology-based method will streamline the loan application process, making it easier for members to track their application status.
Madam Laurence Uwambaje, the CEO of MwalimuSacco, praised the initiative to recognize outstanding members, stating: “MwalimuSacco has introduced the ONLINE LOAN APPLICATION PLATFORM, a modern technology platform that will speed up the loan application and approval process without requiring members to visit SACCO branches.”
During the conference, members who excelled in properly utilizing loans and saving through their MwalimuSacco accounts were awarded prizes, including motorcycles and computers.
Award recipients included:
Mr. NTEGEKURORA Leonidas, recognized for his entrepreneurial projects and self-development through loans from MwalimuSacco.
Madam INGABIRE Domitile, who demonstrated effective use of MwalimuSacco in collecting school fees.
Mr. RURANGIRWA Martin, acknowledged for his savings and efforts to advance the teachers’ community.
Madam Laurence Uwambaje also announced that, “Today, MwalimuSacco introduced the SARURA-MWALIMU loan based on agriculture and animal husbandry, as well as the AGUKA-MWARIMU loan for small-scale businesses, which will help teachers improve their livelihoods.”
Additionally, MwalimuSacco announced new financial support for families of members who pass away. The amount provided to a deceased member’s family has increased from Frw 450,000 to Frw 1,000,000, while the amount for families who lose children has increased from Frw 300,000 to Frw 800,000.
