The first session involved reviewing of the previous minutes from the committee meeting; it was led by Angella, the manager of the Hope SACCO and the executive committee members. The committee member talked about shares, savings and credit. Miss. Karungi Margret, the SACCO treasurer further urged the women to be committed to the SACCO. She further talked about how Government invests in SACCOs which are registered thus a call for women to work collectively for the registration of the Hope SACCO.
Miss. Hadijja Nakintu, the vice chairperson urged the women to get involved in the SACCO as another option for financial assistance.
The guest facilitators were Mr. Saul Asaba, the supervisor for Cooperatives Rubaga Division and Mr. Musana Sempa Augustine, who has been their trainer from the very start.
Mr. Asaba Saul taught about; the meaning of a SACCO, the need for a SACCO and registration procedure of a SACCO. He defined a SACCO as a saving and credit society providing financial help to only its members. He further explained that SACCOS are formed to benefit out of it, decide and plan collectively for a common interest and for ownership.
Mr. Musana Augustine, the SACCO trainer emphasized more on what the commissioner had stated and then responded to the questions that the women asked for example; the difference between Shares and Savings.
The women showed their commitment by registering for membership into the SACCO and are determined to maintain the SACCO. SACCO is the acronym for Savings And Credit Co-operative. There is no difference between a credit union and a SACCO. So this is the first saving scheme for mothers and grandmothers of children of prisoners.