NASCU - National Association of Savings and Credit Unions

NASCU - National Association of Savings and Credit Unions NASCU was registered in 1970 as a Federation of Credit Unions to foster the Savings and Credit Cooperatives business, give technical advice to members...

Celebrating Zambia’s New Development Educators: Catalysts for SACCO Transformation and Community ImpactLUSAKA, ZAMBIA | ...
13/06/2026

Celebrating Zambia’s New Development Educators: Catalysts for SACCO Transformation and Community Impact

LUSAKA, ZAMBIA | 7–13 June 2026

Nine Zambian leaders have successfully graduated as Development Educators (DEs) through the globally recognized Africa Development Educators (ADE) Program delivered by the ACCOSCA Academy. The graduates join a growing network of Development Educators in Zambia dedicated to strengthening SACCOs, promoting financial inclusion, and driving sustainable community development. Through intensive training in cooperative leadership, community empowerment, and socio-economic transformation, they are now equipped to lead positive change within Zambia’s cooperative sector.

This achievement reinforces NASCU Zambia’s commitment to leadership development and the professionalization of SACCOs, ensuring cooperatives continue to serve as powerful vehicles for economic empowerment and community resilience.

Congratulations to the ADE Class of June 2026. Your accomplishment represents not only personal growth but also a commitment to creating lasting impact in SACCOs and communities across Zambia.

*Strengthening SACCO Governance Through Training*LUSAKA, MAY 2026As part of its commitment to strengthening SACCO govern...
12/06/2026

*Strengthening SACCO Governance Through Training*

LUSAKA, MAY 2026

As part of its commitment to strengthening SACCO governance and sustainability, the National Savings and Credit Union Association (NASCU) conducted a training program for the World Vision Supervisory Committee. The training focused on equipping committee members with the knowledge and skills required to effectively execute their core mandate of assurance, and governance support.

Through this capacity building initiative, participants gained a deeper understanding of their supervisory roles and responsibilities, enabling them to contribute more effectively to the growth, stability, and sound management of the SACCO. Emphasis was placed on providing assurance mechanisms that enhance accountability, transparency, and operational efficiency within the institution.

NASCU remains dedicated to supporting SACCOs through continuous training and capacity building programs. By empowering key governance structures with the necessary competencies, NASCU aims to promote well managed, sustainable, and resilient SACCOs that can effectively serve their members and contribute to long term financial inclusion and economic development.

𝐍𝐀𝐒𝐂𝐔 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧𝐢𝐧𝐠 𝐒𝐀𝐂𝐂𝐎 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩JOHANNESBURG, SOUTH AFRICA – MAY 2026 – The National Association of Savings...
05/06/2026

𝐍𝐀𝐒𝐂𝐔 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧𝐢𝐧𝐠 𝐒𝐀𝐂𝐂𝐎 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩

JOHANNESBURG, SOUTH AFRICA – MAY 2026 – The National Association of Savings and Credit Unions (NASCU) proudly participated in the 2026 ACCOSCA Southern Bloc Regional Forum, a strategic platform that brought together cooperative leaders from across Southern Africa to discuss the future of SACCOs through strengthened governance, strategic leadership, innovation, and institutional resilience.

The forum convened over 120 cooperative leaders, policymakers, regulators, and practitioners who engaged in meaningful discussions on building sustainable and future-ready cooperative financial institutions capable of meeting the evolving needs of their members and communities.

The Zambian delegation, coordinated through NASCU, was represented by Zambia Police Thrift SACCO, Zambia Air Force CUSA, CareCoop Savings and Credit Society Limited, and Pamodzi SACCO. Their participation reflected Zambia’s commitment to advancing cooperative excellence and strengthening the SACCO movement through regional collaboration and knowledge sharing.

A notable contribution came from Madam Charity Munganga, Deputy Inspector General of the Zambia Police Service and Chairperson of Zambia Police Thrift SACCO, who challenged cooperative leaders across Africa to embrace leadership development and governance best practices as key drivers of institutional trust and long-term sustainability.

Mrs Mutinta Lumayi, the NASCU Executive lead Consultant who serves as Chief Executive Officer of CareCoop, on a panel of leaders at the forum, reaffirmed the vital role SACCOs play in promoting financial inclusion, mobilizing savings, supporting entrepreneurship, empowering women and youth, and contributing to sustainable socio-economic development across Africa.

NASCU remains committed to supporting its member SACCOs through advocacy, capacity building, and strategic partnerships that strengthen the cooperative financial sector and improve the lives of members.

Together, we are building stronger SACCOs, stronger communities, and a stronger Africa.

MAPUTO – MOZAMBIQUE, 8 MAY 2026NASCU participated in the 2026 ACCOSCA CEOs & Chairpersons Forum held in Maputo, Mozambiq...
04/06/2026

MAPUTO – MOZAMBIQUE, 8 MAY 2026

NASCU participated in the 2026 ACCOSCA CEOs & Chairpersons Forum held in Maputo, Mozambique, bringing together nearly 150 SACCO CEOs and Board Chairpersons from 18 African countries. The Zambian delegation included representatives from Zambia Police Thrift, Care Cooperative Savings and Credit Society Limited, Nkwazi SACCO, Zambia Army CUSA, Zambia Air Force CUSA, and Pamodzi SACCO.

The forum provided valuable insights on governance, strategic leadership, institutional trust, and sustainable growth, while fostering collaboration among cooperative leaders across the continent. NASCU remains committed to applying these lessons to strengthen Zambia’s SACCO sector and advance financial inclusion.

We commend ACCOSCA for creating a platform that continues to shape the future of Africa’s cooperative movement.

The Zambian delegation also took time to visit the Zambian High Commission to Mozambique residence.

🌟 Building Stronger Communities Through Cooperation 🌟Every great achievement begins with a shared vision and collective ...
04/06/2026

🌟 Building Stronger Communities Through Cooperation 🌟

Every great achievement begins with a shared vision and collective effort. Through Savings and Credit Cooperative Organizations (SACCOs), individuals and communities can access opportunities that promote financial stability, economic growth, and a brighter future.

At NASCU Zambia, we are committed to: ✅ Strengthening SACCOs across Zambia
✅ Promoting financial literacy and education
✅ Advancing financial inclusion
✅ Empowering communities through cooperative development
✅ Supporting sustainable economic growth

When people save together, learn together, and grow together, communities become stronger and more resilient.

💡 The future belongs to those who prepare for it today. Start your financial empowerment journey with a SACCO.

🤝 Together, we strengthen SACCOs. Together, we transform lives.

📞 Contact: +260571574705
📧 Email: [email protected]
🌐 Website: www.nascu.org

🔗 Follow us on LinkedIn:
www.linkedin.com/in/nascu-zambia

🌱💡 Wisdom Wednesday 💡🌱"Do not save what is left after spending, but spend what is left after saving."One of the most pow...
03/06/2026

🌱💡 Wisdom Wednesday 💡🌱

"Do not save what is left after spending, but spend what is left after saving."

One of the most powerful financial habits anyone can develop is making savings a priority rather than an afterthought.

At NASCU Zambia, we encourage individuals and communities to build sustainable financial futures through SACCOs by promoting:

✅ Consistent saving habits
✅ Financial literacy and education
✅ Responsible borrowing
✅ Affordable financial services
✅ Community economic empowerment

Every amount saved today is an investment in tomorrow's opportunities.

💡 Small, consistent actions create lasting financial success.

🤝 Together, let's continue building stronger SACCOs, empowered communities, and a financially inclusive Zambia. 🇿🇲

📞 Contact: +260571574705
📧 Email: [email protected]
🌐 Website: www.nascu.org

🔗 Follow us on LinkedIn:
www.linkedin.com/in/nascu-zambia

🎉 Congratulations to Mr. Isaac Mwape, ADE! 🎉NASCU Zambia proudly celebrates Mr. Isaac Mwape, ADE on his successful gradu...
02/06/2026

🎉 Congratulations to Mr. Isaac Mwape, ADE! 🎉

NASCU Zambia proudly celebrates Mr. Isaac Mwape, ADE on his successful graduation from the May 2026 African Development Educator Program. 👏🌍

This remarkable achievement reflects dedication, leadership, and a strong commitment to advancing financial education and cooperative development across Zambia and beyond. 🇿🇲

Your accomplishment strengthens the SACCO movement by promoting:
✅ Quality financial education
✅ Good governance
✅ Sustainable cooperative growth
✅ Financial inclusion and empowerment
✅ Stronger and more resilient communities

By joining the growing network of Development Educators across Africa and the world, you continue to inspire positive change and empower communities through knowledge and leadership.

💡 Together, we strengthen SACCOs. Together, we transform lives.

NASCU Zambia remains committed to supporting leaders and professionals who are driving financial empowerment and cooperative excellence.

👏 Congratulations once again on this outstanding milestone!

📞 Contact: +260571574705
📧 Email: [email protected]
🌐 Website: www.nascu.org

🔗 Follow us on LinkedIn:
www.linkedin.com/in/nascu-zambia

02/06/2026

A message from the global cooperative movement has reached Kenya.

The World Council of Credit Unions (WOCCU) and the Worldwide Foundation for Credit Unions (WFCU) have announced the theme for the 78th International Credit Union (ICU) Day®:

“Cooperative Finance: A Steady Signal in a Noisy World.”

📅 15 October 2026

The theme highlights how SACCOs continue to provide economic safeguards to members even as the global economy remains uncertain.

KUSCCO encourages all SACCOs to begin preparations to mark the day by showcasing their impact and strengthening member engagement.

You can access more information on the WOCCU website via https://tinyurl.com/mwnp6scr

World Council of Credit Unions African Confederation Of Cooperative Savings and Credit Associations

🎉 Congratulations to S.D.K. Malundu! 🎉NASCU Zambia proudly congratulates S.D.K. Malundu of the Zambia Police on her rema...
02/06/2026

🎉 Congratulations to S.D.K. Malundu! 🎉

NASCU Zambia proudly congratulates S.D.K. Malundu of the Zambia Police on her remarkable achievement of becoming a Certified Financial Coach certified by ACCOSCA — the African Continental Body for Savings and Credit Cooperatives. 👏🏽🌍

This achievement represents a significant step toward strengthening SACCOs through:
✅ Financial education
✅ Improved savings and borrowing culture
✅ Better governance and risk management
✅ Community empowerment
✅ Sustainable cooperative growth

Her dedication and commitment to financial empowerment will continue making a positive impact within SACCOs, beginning with Zambia Police Thrift and beyond. 🇿🇲

At NASCU Zambia, we remain committed to building financially empowered communities through knowledge, leadership, and cooperative development.

👏 Congratulations once again on this outstanding accomplishment!

📞 Contact: +260571574705
📧 Email: [email protected]
🌐 Website: www.nascu.org

🔗 Follow us on LinkedIn:
www.linkedin.com/in/nascu-zambia

*NASCU STRENGTHENS PARTNERSHIP WITH ZAMBIA AIR FORCE CUSA*Lusaka, Zambia, 29 May 2026The National Savings and Credit Uni...
01/06/2026

*NASCU STRENGTHENS PARTNERSHIP WITH ZAMBIA AIR FORCE CUSA*

Lusaka, Zambia, 29 May 2026

The National Savings and Credit Union (NASCU) Board of Directors on Friday paid a courtesy call on Zambia Air Force (ZAF) Deputy Commander and Chief of Air Staff (COAIRS), Major General Henry Chiwaya, at Air Force Headquarters in Lusaka as part of efforts to strengthen collaboration and advance the cooperative movement in Zambia.

The NASCU delegation was led by Board Chairperson Brigadier General Fenanda Hamanenga and included board members Mr Isaac Mwape and Mrs Mwape Zulu along with the lead Consulting Executive, Mrs Mutinta Lumayi. The visit provided an opportunity to discuss areas of mutual interest aimed at enhancing the growth, sustainability, and digital transformation of Savings and Credit Cooperative Societies (SACCOs).

Speaking during the meeting, Brigadier General Hamanenga said the courtesy visit was intended to promote the interests of SACCOs and reinforce collaboration between NASCU and its affiliate institutions.
She emphasized NASCU's commitment to strengthening the cooperative movement in Zambia by promoting sound governance, capacity building, and institutional development to ensure confidence among members and stakeholders.

Mrs Mutinta Lumayi highlighted the Union's key strategic priorities, which include advocacy, capacity building, and the development of shared platforms that will accelerate digitalization and innovation in SACCOs. She noted that digital transformation has become increasingly important in improving service delivery, strengthening accountability, and expanding financial inclusion among SACCO members across the country.

The NASCU leadership also commended the Zambia Air Force Cooperative Savings and Credit Union Association (ZAF CUSA) for embracing digitalization and pursuing initiatives aimed at improving access to financial services and lowering lending rates for members.

Receiving the delegation, Major General Chiwaya expressed appreciation for NASCU's continued support to ZAF CUSA through board and management training programmes, mentorship initiatives, and governance guidance. He reaffirmed the Zambia Air Force's support for cooperative savings and credit institutions, describing them as critical contributors to financial stability, economic resilience, and improved welfare for military personnel, civilian staff, and their families.

Major General Chiwaya further underscored the importance of strong governance structures, prudent financial management, and innovation in ensuring the long-term sustainability and growth of SACCOs.

The meeting concluded with both institutions reaffirming their commitment to strengthening cooperation, promoting good governance, and leveraging technology to improve financial inclusion and member value within Zambia's cooperative sector.

Address

Plot No. Sub V, Lot 14965/M, Lilayi Road, Libala South
Lusaka
10101

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+260211223639

Website

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