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SJCK Savings Scheme

This initiative aims to foster a spirit of financial stewardship and community support among our members.

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About the Campaign

Physical Address

St. John’s Kirinya Church of Uganda, Kirinya Parish

P.O. Box 14297, Kampala, Uganda

Objectives

The SJCK Savings Scheme aims to:

  1. Mobilize Savings: Encourage members to save money through monthly contributions.

  2. Advance Loans: Provide loans with interest to members, aiding in financial stability and growth.

  3. Invest: In the long term, invest the scheme’s funds in financially profitable ventures to benefit members and the community.

Membership

To become a member of the SJCK Savings Scheme, you must:

  • Be a known member of St. John’s Kirinya Church (SJCK) and at least 18 years of age, or under 18 with secondment from an adult member.

  • Fill out an application form with full details.

  • Receive secondment and confirmation from at least two existing SJCK members, including the head of Laity.

  • Provide evidence of identification (National ID, Passport, employment ID, Student ID, or any other document with a photo of the applicant). If you have no identification document, present your seconder’s identification.

  • Note: Withdrawing from the scheme is only allowed at the end of each financial year with three months’ notice given to the committee.

Management

The scheme is managed by an executive committee that conducts day-to-day business. The committee comprises up to ten members, including:

  • Chairperson

  • Vice-Chairperson

  • Treasurer

  • Secretary

  • Representatives from the 1st, 2nd, and 3rd services

  • Legal Advisor

  • Head of Loans Committee

  • Head of Investment Committee

The Vicar, head of Laity, and deputies from each service serve in an advisory role.

Funds

  • Membership Fee: UGX 5,000 upon joining.

  • Annual Fee: UGX 5,000, paid once a year.

  • Monthly Contributions: Members contribute a minimum of UGX 10,000 per month, deposited by the 28th of every month into a commercial bank (details provided at registration).

  • Members receive a receipt upon presenting a valid bank deposit slip to the treasurer, either via WhatsApp or in person on Sundays.

Borrowing and Interest

  • Borrowing from the scheme is allowed after six months of saving.

  • Interest earned in the scheme will be shared annually after the general meeting.

Contact Information

For more details, you can reach out to the following representatives:

 
 
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