Millennium SACCO 2012 celebrated the grand opening of its new Kamwenge branch on July 19, 2025, at Bishop Balya Grounds. The event, attended by local dignitaries and community members, marked a significant step in the SACCO’s expansion and commitment to improving financial access in the region.
A procession through Kamwenge Town, led by the Deputy RDC and other dignitaries, preceded the official opening ceremony at the new branch premises. Following prayers and blessings, speeches highlighted the SACCO’s mission and vision. General Manager Ronald Abaho welcomed guests and members, emphasizing the range of services, including savings accounts, shares, and development-focused loans. Chairman Fred Muhumuza stressed financial discipline and the importance of utilizing secure institutions.
Bishop George Turyasingura of the East Rwenzori Diocese encouraged membership and set a recruitment target for local Reverends. Patron Rt. Rev. Assoc. Prof. Dr. Sheldon Mwesigwa, emphasized the SACCO’s growth and future plans, including a potential branch in Hoima. He acknowledged the Mothers’ Union’s contribution to the Kamwenge branch’s construction.
The event also featured remarks by Deputy RDC George Tunanukye, who linked the SACCO’s success to the government’s Parish Development Model. The District Commercial Officer highlighted the importance of responsible lending practices and strong credit history checks, while also addressing low savings and repayment rates.
The opening ceremony concluded with a luncheon at the Bishop’s residence, providing a platform for further networking and celebration. The grand opening signifies a pivotal moment for Millennium SACCO 2012’s growth in Kamwenge and its surrounding communities.
