The Director General of Umwalimu SACCO, Uwambaje Laurence, announced that in 2025 the cooperative’s total assets increased significantly, rising from RWF 239.8 billion to RWF 292.9 billion.
Overall, members were informed that the cooperative registered a profit of RWF 23.5 billion before tax during that year.
In terms of liquid financial assets, Umwalimu SACCO recorded a remarkable increase of 229%, growing from RWF 37 billion to RWF 67 billion in 2025.
She explained that this growth was partly driven by a loan Umwalimu SACCO secured from the Development Bank of Rwanda (BRD), amounting to RWF 30 billion.
She said, “Last year we had received about RWF 24 billion, and this year we obtained an additional RWF 6 billion. This boosted our capacity to issue loans to members, increasing them from RWF 209 billion to RWF 221 billion.”
She further noted that total assets rose from RWF 239 billion to RWF 292 billion largely due to the funds obtained from BRD.
Profit also increased significantly, rising from RWF 21 billion before tax to RWF 23.5 billion in 2025.
After taxes, net profit grew from RWF 15.5 billion to RWF 17 billion.
Non-performing loans also declined, dropping from 1.15% to 0.99%.
Teachers using Umwalimu SACCO said it has helped them overcome financial exclusion and improve their livelihoods, as highlighted by Dieudonné Irigenera from Gatsibo District.
He said, “Umwalimu SACCO came at the right time. Today, depending on one’s salary, a teacher can access a loan to buy land or farmland. Over time, the SACCO continues to grow and helps us access affordable loans not available in other banks or cooperatives.”
Uhiriwe Angelique, a teacher at GS Gakoro in Musanze District, noted that teachers’ lives have improved thanks to the SACCO’s continued support.
She said, “When you look at teachers in meetings or in their communities, you see progress. They look better off. In the past, they were considered among the worst off, but now they have reached a commendable level. SACCO was established to support teachers, those who want to progress can take loans to build homes or invest in income-generating projects.”
The General Assembly also approved that 50% of the 2025 net profit be retained within Umwalimu SACCO to further strengthen its financial capacity.
