Wanahewa SACCOS Limited

About Us

• SACCO Basics: As a Savings and Credit Cooperative Society (Sacco), Wanahewa is a member-owned financial institution offering savings, loans, and possibly shares to its registered membership.

• Affiliation: Likely operates in partnership with larger entities like public-sector pension funds or parastatal bodies, similar to its mention alongside ATCL’s pension arrears

Wanahewa’s Role and Impact

• Financial support for ATCL retirees: The mention of Wanahewa SACCOS in the context of settling contributions to Air Tanzania retired employees suggests it plays a role in managing funds or facilitating disbursements for its members .

• Likely services:

  • Mandatory savings deposits to ensure a stable member base and collateral for loans.

  • Variety of loan options catering to personal, business, or retirement needs.

  • Share issuance and dividends, empowering ownership and participation in governance.

  • Member education around cooperative principles, financial planning, and responsible borrowing.