Join MADIKOLO SACCOS today and access affordable loans, grow your savings, and build a secure financial future with your fellow university employees.
Exclusive benefits for University of Botswana staff members
Access loans at competitive interest rates, much lower than commercial banks. Perfect for emergencies, education, or personal projects.
Build your savings habit with flexible contribution options. Watch your money grow with annual dividends on your shares.
Convenient salary deduction system for loan repayments and savings contributions. No need to worry about missing payments.
Quick access to emergency funds when you need them most. Special consideration for medical emergencies and urgent needs.
Regular workshops and seminars on financial management, investment, and retirement planning exclusively for members.
Friendly support from fellow university staff who understand your needs. Office located on campus for easy access.
Become a member in just 4 simple steps
You must be a current University of Botswana employee (academic, administrative, or support staff).
Fill out the membership application form available online or at our campus office.
Submit copies of your UB ID, national ID, and recent payslip for verification.
Begin your savings journey with an initial share contribution and start accessing benefits immediately.
Exclusive advantages for UB SACCOS members
Loan applications processed within 72 hours for existing members. Emergency loans available within 24 hours.
Earn annual dividends on your shares and savings. Better returns than traditional savings accounts.
As a member, you're an owner. Participate in Annual General Meetings and vote on important decisions.
Hear from University of Botswana staff who have benefited from joining SACCOS
"UB SACCOS helped me finance my children's education when I needed it most. The loan process was smooth and the interest rates are much better than banks."
"The salary deduction system makes saving so easy. I don't even notice the money going out, and I've built a substantial savings account over the years."
"When I had a medical emergency, MADIKOLO SACCOS provided an emergency loan within a day. The support from fellow staff members made all the difference."
Find answers to common questions about MADIKOLO SACCOS
All current University of Botswana employees including academic staff, administrative staff, and support staff are eligible to join.
The minimum share contribution is P100, and monthly savings can start from as little as P50, deducted directly from your salary.
Regular loan applications are processed within 72 hours. Emergency loans for urgent needs can be approved within 24 hours.
Savings are meant for long-term growth, but special withdrawals can be arranged for emergencies or specific needs with committee approval.
Your membership continues, and you can maintain your savings. However, loan eligibility may change based on your employment status.
Start your journey to financial security today. Join hundreds of UB staff who are already benefiting from our cooperative society.