The Y-Save Journey
Y-Save was started on 24th January 2000 initially as a saving & investment scheme by a group of Young Working people of the then Kampala Pentecostal Church (KPC) and now Watoto Church, called the Young Workers. At its inception, Y-Save was called Y-Save Micro Finance Association.
Over time, the membership of the saving and investment scheme has grown to accommodate other church members who are actively involved in the activities and programs of Watoto Church.
Y-Save got registered with the Registrar of Cooperatives in the Ministry of Tourism, Trade & Industry and it changed its name to become Y-Save Cooperative Savings & Credit Society Ltd on 26th November 2004. Due to the needs of the members of Y-Save to collectively get involved in other areas of business and investments, Y-Save changed its Legal status on 22nd May 2013 to become Y-Save Multi-Purpose Cooperative Society Ltd.
Since its inception, Y-Save has gone on to thrive and become one of the leading Cooperative organisations in Uganda. With integrity as its foundation, Y-Save believes in establishing godly financial principles which through centuries-old, comprise the most dynamic and relevant vehicle for financial management, freedom, and growth.
The Y-Save Mandate
Provision of financial literacy platforms and services to Watoto church members based on Co-operative principles
Member Value and Proposition
Y-Save is committed to providing timely and relevant financial products and services
A Y-Save member with sustainable income sources
To Support and mentor 50% of Y-Save member to maintain at least two sustainable sources of income by 2024
On behalf of the Board members, I am pleased to welcome you to the Y-Save website. We have now started on a new Strategic Plan with a mission of "supporting and mentoring 50% of our members to maintain at least two sustainable sources of income by 2024".
I would like to thank Watoto Church for allowing us to recruit members from our common bond and all the members for giving us an opportunity to serve you and steward your resources.