Bridge
the Gap,
Empowering Dreams!
Join Our Saving and Credit Cooperative Society – Secure, Affordable, and Member-Focused Financial Solutions.
More than 10+ Companies Trust Bridge SACCO
Introduction About
Bridge
SACCO
Bridge SACCO
BRIDGE SACCO LTD is a forward-thinking savings and credit cooperative dedicated to transforming the SACCOS landscape in Ethiopia.. We connect members with tools to achieve their aspirations.
We are established in Dec. 2024, and operates under the Cooperative Society’s proclamation number 985/2009 and holds certificate No. Bole/1/1261/17.
Our approach leverages technology, builds supply-chain networks, and creates strategic partnerships to enhance member benefits.
Our Services
Explore
Bridge
SACCO Services
At the
Bridge
SACCO We do things a little differently here
Bridge SACCO We do things a little differently here
Vision
Bridge SACCO Vision
To be a leading Digital-First SACCO in Ethiopia by 2030
Mission
Bridge SACCO Mission
To enhance the members' benefits by providing inclusive financial services through leveraging state-of-the-art technology, building supply-chain networks, and creating corporate partnerships with stakeholders.
Bridge SACCO Executive Managment and CEO
Bridge SACCO
FAQ’s
Frequently Asked
Questions
FAQ’s
Frequently Asked
Questions
How does an SCA work?
How does an SCA work?
A Savings and Credit Cooperative Society (SACCO) is a member-based financial cooperative that provides savings and credit services to its members. SACCOs operate under the principles of cooperative societies, where members pool their resources to access affordable loans and earn interest on their savings.
Key Features of a SACCO:
-
Member-Owned – Only members can save and borrow, and they have voting rights in decision-making.
-
Not-for-Profit – SACCOs aim to benefit members rather than maximize profits.
-
Savings-Based Loans – Members must save before accessing loans, usually based on a multiple of their savings.
-
Affordable Credit – Interest rates on loans are typically lower than commercial banks.
-
Dividends & Interest – Profits may be shared among members as dividends or higher interest on savings.
What are the benefits of joining an SACCO?
How does an SCA work?
A Savings and Credit Cooperative Society (SACCO) is a member-based financial cooperative that provides savings and credit services to its members. SACCOs operate under the principles of cooperative societies, where members pool their resources to access affordable loans and earn interest on their savings.
Key Features of a SACCO:
-
Member-Owned – Only members can save and borrow, and they have voting rights in decision-making.
-
Not-for-Profit – SACCOs aim to benefit members rather than maximize profits.
-
Savings-Based Loans – Members must save before accessing loans, usually based on a multiple of their savings.
-
Affordable Credit – Interest rates on loans are typically lower than commercial banks.
-
Dividends & Interest – Profits may be shared among members as dividends or higher interest on savings.
Is an SACCO the same as a bank?
How does an SCA work?
A Savings and Credit Cooperative Society (SACCO) is a member-based financial cooperative that provides savings and credit services to its members. SACCOs operate under the principles of cooperative societies, where members pool their resources to access affordable loans and earn interest on their savings.
Key Features of a SACCO:
-
Member-Owned – Only members can save and borrow, and they have voting rights in decision-making.
-
Not-for-Profit – SACCOs aim to benefit members rather than maximize profits.
-
Savings-Based Loans – Members must save before accessing loans, usually based on a multiple of their savings.
-
Affordable Credit – Interest rates on loans are typically lower than commercial banks.
-
Dividends & Interest – Profits may be shared among members as dividends or higher interest on savings.
How much do I need to contribute?
How does an SCA work?
A Savings and Credit Cooperative Society (SACCO) is a member-based financial cooperative that provides savings and credit services to its members. SACCOs operate under the principles of cooperative societies, where members pool their resources to access affordable loans and earn interest on their savings.
Key Features of a SACCO:
-
Member-Owned – Only members can save and borrow, and they have voting rights in decision-making.
-
Not-for-Profit – SACCOs aim to benefit members rather than maximize profits.
-
Savings-Based Loans – Members must save before accessing loans, usually based on a multiple of their savings.
-
Affordable Credit – Interest rates on loans are typically lower than commercial banks.
-
Dividends & Interest – Profits may be shared among members as dividends or higher interest on savings.
