Invest, Earn, Live
Infinite Savings & Credit
A financial society created to provide financial products and services that meet member needs to compete effectively in the marketplace.
Saving
We inspire all members with financial targets, regardless of wealth, or age to establish a saving culture. Members will earn upto 10% on annual basis. We are confident that this margin is achievable since we have commercial projects that are sustainable to pay back this margin to members.
Community Investing
Using investments to create resources and opportunities for disadvantaged people who are under-served by traditional financial institutions. Our participation in this kind of impact investing could help people attain home ownership, start small businesses, or address other community needs.
Credit
Our Members have access to credit at affordable interest rates. Members must have saved for at least 3 months! This microcredit scheme is to help them start small businesses, acquire easy access to finance to solve urgent social problems, help their children advance their education and also help them aquire assets
Why Communities Need This Savings & Credit Project
We are aimed at providing financial products and services that meet member needs to compete effectively in the marketplace.
We provide individual & group savings with up to 10% interest per annum, Individual loans & group loans at favorable interest rates, all seasons through.
- As ISCB is community-based where members are often unbanked, they provide an excellent opportunity to offer financial services in rural areas. With over 37,000,000 unbanked Ugandans, there is an opportunity for us to extend financial solutions to provide more services that banks don't.
- Most people have no access to formal financial services, a big magnitude of the total population lives below the poverty line in Uganda and such people are not often considered to be potential customers. This is challenging for low-income families who need an opportunity to enter into a wider and simpler financial world to increase their incomes and improve their lives. We are actively spearheading one sustainable solution to this problem through the promotion of managed saving groups.
- Our Model is more attractive to participants because it eases access to savings and credit, with no external injection of capital, and is a source of capital for businesses. Imagine what can be achieved with more branches like these around the country. As ISCB, we believe that access to basic financial services can improve livelihoods, especially for rural families by connecting saving groups with financial service providers like insurance companies.







F.A.Q
Advance social and public welfare
To Build A Self-Sustaining Africa through increasing household incomes of poor families
Through implementing projects that are economically sustainable, spiritually nurturing & environmentally friendly. Our projects range from organic agriculture, Savings & Credit, Music, Skills training, innovation & infrastructure
Our impact is listed as below;
- Our Community Savings & Credit Project creates access to collective investment that is directing us toward working with farmers in an outgrowers system,
- Working with youths through our Music project, this leads us to offering skills training which enhances innovation, leadership & collective action.
- Offering advocacy, guidance, through online and offline mediums,
- Collaborating with different organizations towards implementing socially impactful programs in the community
- Offering very affordable I.T services in community centers & schools in schools located in remote areas
- Training youths in organic cosmetics production towards the production of products like; Oils, Soap, Vaseline, Creams, Moisturizers & butters like; shea butter & coco butter
We measure our impact by using community feedback; especially from local leaders, political leaders, school leaders, and volunteers
- Bogere Shafiq is a motorcycle rider. A drunkard and a drug addict. He’s story is important to us because he only used to drink alcohol from his daily savings. Our saving project requires members to have a financial target for a certain period of time. Shafiq has understood this uniqueness and now he works towards having his own motor cycle. He got an accident last month but he’s still determined to see to it that his target is met.
- Patience Mutesi graduated with first class as a teacher of music. Due to shortage of jobs, she was enrolled into the band which has made her improve her singing and more so apply her theoretical academia into practice. She has volunteered in our organic cosmetics project and has learnt everything about organic cosmetics. She understands bookkeeping practices, has learnt to use computer applications, and has been prepared to run her own business. She is desirous to pursue a course in cosmetology to work on brides with an organic touch.
- Joshua Oyirwoth comes from the Northern part of Uganda, he has always loved to be a clear worshipper but had never acquired the training well-deserved. He joined the infinite band and now performs well in church, has written his own songs which will feature in the Infinite band’s music album. He has a dream of running his own fleet company and he has been helped with branding, reserving a company name (Miles Plus One) with company house, and his now collecting money to acquire a driver’s license to start on his dream job.
- Funding is our biggest limitation. We are desirous to widen our area of operation but we are limited by funds. We love to register for an organic export certification so we are able to export organic vegetables and fruits so we can increase farmers’ income but we are indeed limited. We also love to access funding to boos the savings and credit project so we are able to train, and support many startups but this is a limitation. We also love to open community rehearsal spaces so we procure music equipment, media equipment such that youths can be able to learn music, and learn using media equipment not limited to cameras, production, sound engineering, and singing but we are limited.
- Failure to find or locate foreign partners to work with. Most global platforms prefer to work with countries located in first-world countries. Even so, fundraising platforms don’t support causes generated from countries like mine. And getting a trustee in first world countries to help you run a fundraising campaign is next to impossible.
- Lifelong learning is a great virtue to sustain the long-term goals of any NGO, but access to such learning comes with a cost. More so, very few or even no volunteers in our region are willing to offer their time and skill for free when they have individual responsibilities. Volunteers require allowances which we can’t meet at the moment. Added to this is the fear of cooperation. Most old NGOs don’t want to work with new & innovative NGOs like ours.
