We are a member-driven SACCO focused on providing affordable financial services to our members.

Eligibility for membership to the SACCO shall consist of a person who has the following qualities;

  1. Is a member of Redeemed of the Lord Evangelistic Church.
  2. A born again Christian of known and proven integrity.
  3. Has been a member of Redeemed of the Lord Evangelistic Church Home cell for at least 2 months.

Every applicant for membership shall complete a membership Application and shall pay a non refundable membership fee of 20,000/=

On return of this form an applicant shall submit 2 pass port photographs and a photocopy of a valid National Id (NIN).

Types of Membership

Fully Paid up Members

  • Minimum of 15 shares each at ugx.15,000 (ugx.225,000)
  • Minimum savings of ugx.300,000

Partly Paid Up Members

  • Minimum 1 share and less than 15 share
  • Minimum ugx.20,000 and less than ugx.300,000 in savings

Shares

When the member is joining the SACCO, It is mandatory that a member buys at least one share and within one year from the time of joining, raise his/her shareholding to a minimum of 15 shares. However the maximum amount of shares an individual can buy is limited to 300 per slot of 1000 shares. Each share is at shs 15,000/= or such other value as the General meeting may decide on the advice of the Executive Committee. Each member is required to buy a minimum number of 15 shares in each financial year.

How to apply for Membership

Step 1: Check Eligibility

Ensure that you meet the following basic requirements:

  • You must be at least 18 years old.
  • You must have a valid form of identification (national ID).
Step 2: Complete the Application Form

Fill out the membership application form
 Download

Scan the form and send to: manager@onebyonesacco.com.
Deliver the application form to our offices (Gadaffi Road, Makerere Hill Kampala, Uganda)

Step 3: Approval Process

Once your application is reviewed, you will be notified of your membership approval. This process may take a few days, depending on the number of applicants.

Step 4: Start Enjoying Member Benefits

As a member, start enjoying our financial services, including savings accounts, loans, and investment opportunities. 

You will also be eligible to participate in SACCO meetings and decision-making processes.