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Background The society derived its name from the vast old Mengo District whic comprised of Mubende, Luweero, Mukono, Mpigi and Kampala. Mengo Teachers’ Cooperative Savings and Credit Society Limited (METCO), is historical and is about the society’s birth, growth and performance. At its fiftieth year of existence, the society has matured into a model of savings and credit organizations in Uganda. Mengo …

The founders noted that for a savings cooperative effort to thrive, certain conditions must exist. Such conditions include: economic hardships, a large number of potential members who are quite homogenous with similar limitations and needs, some organized leadership, a potential for credit extension, ability to save consistently, regular, stable and reliable incomes irrespective of size, possibility for members to negotiate …

Helping rebuild a country after a massive natural disaster.